How much should deposit if wants to have php

Assignment Help Accounting Basics
Reference no: EM132700783

Problem 1: On the 7th birthday of her daughter, Shirley deposited an amount in a bank peso bond fund that pays 1.0% interest compounded anually, How much should she deposit if she wants to have Php100, 000 on her daughters 18th birthday?

Reference no: EM132700783

Questions Cloud

Find price of a two-year call option on mmx stock : Using the binomial pricing model, calculate the price of a two-year call option on MMX stock with a strike price of $9.
What is meant by the term anomaly : With regard to market efficiency, what is meant by the term "anomaly"?
What is the role of takeovers in corporate governance : What is the role of takeovers in corporate governance?
Disadvantages of hedging with long-term supply contracts : What are some of the disadvantages of hedging with long-term supply contracts?
How much should deposit if wants to have php : Pays 1.0% interest compounded anually, How much should she deposit if she wants to have Php100, 000 on her daughters 18th birthday?
Explain price of the non-tendered shares : a) Assuming you get 50% control of Associated Steel, what will be the price of the non-tendered shares?
How much would be gross taxable income for year : How much would be his gross taxable income for year 2018 as basis for Philippine income tax computation under each of the independent assumptions?
What is roa-here and gone inc : Here and Gone, Inc., has sales of $23,938,788, total assets of $9,708,551, and total debt of $3,126,827. If the profit margin is 5 percent, what is ROA?
What is the price-sales ratio : A firm has sales of $678,309 and net income of $54,239. Currently, there are 74,997 shares outstanding at a market price of $49 per share.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much is the expected total variable cost on the august

If production and sales are budgeted to change to 140 chairs in August, how much is the expected total variable cost on the August budget

  Smalley inc purchased items of inventory as follows jan 4

smalley inc. purchased items of inventory as follows jan. 4 100 units 2.00 jan. 23 120 units 2.25 smalley sold 50

  The chompy company uses a job order costing system

The Chompy company uses a job order costing system

  Grider industries inc issued 10000000 of 8 debentures on

grider industries inc. issued 10000000 of 8 debentures on may 1 2014 and received cash totaling 8872628. the bonds pay

  Prepare a table of future taxable and deductible amounts

Estimated expenses deductible for taxes when paid 1,200,000. Prepare a table of future taxable and deductible amounts

  Illustrate the bond retirement

On July 1, 2017, Camden retired the bonds at 101. Use the financial statement effects template to illustrate the bond retirement

  What is the company contribution margin percentage

What is the company's contribution margin percentage? Bikes Manufacturing produces and sells children's bikes at an average price of $80.

  Explain to mr kristos le droit what is right in given action

Please evaluate and explain to Mr Kristos Le Droit (the new treasurer of LOACH) what was right and what was wrong in the above action.

  What are the budgeted sales for july

Morganton Company makes one product and it provided the following information to help prepare the master budget. What are the budgeted sales for July?

  Substantive test of transactions problem

A substantive test of transactions to test the completeness assertion includes?

  Which method of reporting cash flows from operations does

which method of reporting cash flows from operations does the company use? compare the net cash providedused from

  How much will average annual ownership cost be on machine

With the neighbors getting closer and less farm oriented, How much will the average annual ownership cost be on the machine?

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