Recording transactions for for-profit organization

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Reference no: EM131984703

1. What are the major differences in recording transactions for a for-profit organization versus a not-for-profit one, or are there any?

2. You plan to deposit $2000 each year into an account for the next 10 years. The discount rate is 8% for the next four years and 12% after that. What is the value today of your 10 deposits of $2000 each? Explain how you determined this figure.

Reference no: EM131984703

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