How much is in account today

Assignment Help Financial Accounting
Reference no: EM132939089

Problem 1: You opened a savings account four years ago and deposited RM200 at that time. Three years ago, you added another RM400 to the account. Last year, you deposited an additional RM100 into this account. The rate of return is 5% compounded annually. How much is in your account today?

Reference no: EM132939089

Questions Cloud

Various methods of upward communication : Briefly explain the various methods of upward communication using various examples from the South Pacific Countries. Discuss how all these methods can assist a
What will the epidemiologist need to do during step : 1. The last step in an epidemiological investigation is to communicate findings. What will the epidemiologist need to do during this step?
How many years will take if the first saving is made a year : How many years will it take if the first saving is made a year from today? Humaira must have RM80,000 in order to buy a house. She plans to save RM5.000.
Identify international standards operations : A. Identify TWO (2) international standards operations. B. Differentiate between cross-border merger and cross-border acquisition.
How much is in account today : Last year, you deposited an additional RM100 into this account. The rate of return is 5% compounded annually. How much is in your account today?
What is job enlargement and job enrichment : Describe and illustrate with examples what is job enlargement and job enrichment?
How much will need to deposit every year to reach accumulate : You need to accumulate RM20,000. How much will you need to deposit every year to reach the accumulated deposit of RM20,000?
What rate of return does loan receive : What rate of return does your loan receive? You lend a friend RM30.000, which your friend will repay in 5 equal annual end-ofyear payments of RM10,000
Prepare journal entries to reflect the carrying amount : Prepare journal entries to reflect the difference between the carrying amount and market value for the above investments at Pina Colada's year

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd