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Questions -
1. You decided to invest 100,000 in a program that guaranteed to grow 2.5% for each of the next 5 years. At the end of year 5, how much is your investment worth?
2. What is the effective annual rate of an investment that pays 6.5% for 5 years, compounding semiannually?
3. What is the present value of a single cash flow of $25,000received at the end of 10years if we assume a discount rate of 5% annually. b) with a discount rate of 7%?
4. Suppose you deposited $100 in a savings account that compounds annually at 2%? After year 1 at this rate, the bank change its rate to compounding to 1.5%annually. Assuming the compounding rate does not change for 4 additionally yrs., how much will your account be at the end of 5yr. period?
Selected data taken from a recent year's financial statements of trading card company Topps Company, Inc. are as follows (in millions).
griffith delivery services purchased a delivery truck for 33600. the truck has an estimated useful life oif six years
Distinguish between centralized and distributed data processing.
drysdale company was established to manufacture conponents for the auto industry. the components are shipped the same
bellfont company produces door stoppers. august production costs are belowdoor stoppers
assume that lyn addie is an unmarried employee. her 1040 of wages are subject to no deductions other than fica social
the list of costs incurred by several business organizations. classify each of the costs below as product costs or
naftel company sells lamps and other lighting fixtures. the purchasing department manager prepared the following
an american company borrowed 1million canadian dollars to finance the construction of an office building when the
The sign will cost $ 8,000 and will be posted for one year. You expect that it will generate additional revenue of $1,440 a month. What is the payback period
What is unethical about this situation? Who can be harmed? How can they be harmed? What role does accounting play?
Determine the patent amortization expense for the current year ended December 31, 2014. Journalize the adjusting entry to recognize the amortization.
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