New animal shelter by making twelve annual deposits

Assignment Help Financial Accounting
Reference no: EM133306462

Dog Care Co. wants to finance a new animal shelter by making twelve annual deposits into a fund earning 9% compounded annually. The first six deposits are to be $22,000 each and will be paid at the beginning of the next six years. The last six deposits are to be $33,000 each and will be paid at the beginning of the last six years.

What is the cost of the new animal? shelter? ?(Use the present value and future value? tables, the formula? method, a financial? calculator, or a spreadsheet for your calculations. Use the same method for all calculations. If using present and future value tables or the formula? method, use factor amounts rounded to five decimal? places, X.XXXXX. Round intermediary currency computations and your final answer to the nearest? cent, $X.XX.)

The cost of the new animal shelter amounts to $________________.

Reference no: EM133306462

Questions Cloud

How can production of this good be more sustainable : Evaluate the concept of green production using SWOT analysis. Choose a product from a specific sector from your country
Analyze the key concepts that emerge in the video : Critique the three components to change. For example, what do you agree with? What do you disagree with? What might be missing? What is the scholarly evidence
Discuss the changing nature of international work : Discuss the changing nature of international work and workforce given the Covid-19 pandemic and appraise the implications on the focus of Global HRM.
Compare and contrast brain drain and brain gain : Compare and contrast 'brain drain' and 'brain gain'. Discuss the push and pull factors that cause 'brain drain' and 'brain gain' to occur.
New animal shelter by making twelve annual deposits : Dog Care Co. wants to finance a new animal shelter by making twelve annual deposits into a fund earning 9% compounded annually.
How will the unemployment rate and inflation be affected : Is there a trade-off between the unemployment rate and inflation in the long run? How is the long run aggregate supply curve related to the long run Phillips
Calculation of net passive income : Which of the following items of income, gain, loss, or deduction will be included in the calculation of net passive income?
What a company can gain by pursuing financial and social : What a company can gain by pursuing financial/competitiveness objectives and social objectives (CSR) together and what capabilities it must have in order
Explain the strength of ties to home concept using : Explain the 'strength of ties to home' concept using, as an example, the integration of qualified immigrants (QIs) into an international workforce.

Reviews

Write a Review

Financial Accounting Questions & Answers

  What is the best alternative for capitalbuilders

The initial outlays for modifications and equipment will occur at t=0, Assume asset pools will remain open, What is the best alternative for CapitalBuilders

  Find what is the taxable income

What is the taxable income? A&B form a partnership with A being the limited partner (LP) who will invest $150,000 and B being the general partner (GP).

  Explain what is being described by the announcement

Explain what is being described by the announcement. Copies of the prospectus and the related prospectus supplement may be obtained

  Is kofi first mental note accurate

Is Kofi's first mental note accurate? Discuss briefly. To facilitate this temporary expansion, Automation will purchase new equipment for $1,500,000.

  What was its charge for depreciation and amortization

What was its charge for depreciation and amortization? Write out your answer completely. For example, 25 million should be entered as 25,000,000.

  Members of the federal government

The Freedom Group is a "think tank" in Washington, D.C., that provides research data to lobbyists and members of the federal government

  Prepare the adjusting journal entry needed on december

Prepare the adjusting journal entry needed on December 31, 2013. Prepare the journal entry to record the sale of the Colorado Company stock during 2014. Prepare the adjusting journal entry needed on December 31, 2015.

  1 the accounting for assets both current and long-term has

1. the accounting for assets both current and long-term has changed significantly since the inception of the fasb.

  What are the balances for sales revenue

During 20X7, Milky Way Corporation made sales of $4,600, Under cash accounting, what are the balances for sales revenue and accounts receivable?

  How might a new company succeed in hft

When thinking about challenges, consider them from an array of angles: technical, legal / tax, fundraising, regulatory, other business challenges.

  Compute tesla ltd weighted average cost of capital

The current market price of Tesla Ltd. preference share is $65. Altex Ltd. has a 30% corporate tax rate. Compute Tesla Ltd's weighted average cost of capital

  What will be the real effect on profit

The $63 of fixed overhead is allocated as $1.22 per direct labor dollar. What will be the real effect on profit if the order is accepted

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