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An Alumnus of West Virginia University whishes to start an endowment that will provide scholarship money of $40,000 per year beginning in year 5 and continuing indefinitely. The donor plans to give money now and for each of the next 2 years. If the size of each donation is exactly the same, the amount that must be donated each year at I = 8% per year is closest to:
How much must be deposit in your retirement account each year for 10 years starting now if you want to be able to withdraw $50,000 per year forever beginning 30 years from now? Assume the account earns interest at 10% per year.
A company purchased and installed a machine on January 1, 2004 at a total cost of $72,000. Straight-line depreciation was calculated based on the assumption of a five-year life and no salvage value. The machine was disposed of on July 1, 2007.
1) What are the tax advantages and disadvantages of the C corporation form of doing business . List at least 2advantages and 2 disadvantages. Explain each item on your list with an example.
write an excel program to enter 5 students name and 4 exam grades one midterm and one final for each student. each
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what is the highest price that talboe could pay the outside supplier for each wheel and still be economically
chris invested 10000 in a found that pays 8 annual interest compounded quarterly 4 times per year. how much will be on
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