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Salsk061 [2.6K]
3 years ago
5

Beginning on January 1, 2020, 5 equal deposits are to be made in a fund. Required: Using the appropriate tables, determine the e

qual deposits if interest at 10% is compounded annually and if $200,000 must be in the fund on (Click here to access the PV and FV tables to use with this problem.) Round your answers to two decimal places. January 1, 2024 $ 27,707.38 January 1, 2025 $ 29,781.36
Business
1 answer:
8090 [49]3 years ago
7 0

Answer:

Explanation:

FV \div \frac{(1+r)^{time} -1}{rate} = C\\  

FV  $200,000.00  

time 5 years

rate 0.1% = 10/100 = 0.10

200000 \div \frac{(1+0.1)^{5} -1}{0.1} = C\\  

C  $ 32,759.496  

The installment will generate 10% interest overtime and provide with a 200,000 dollar count after six years

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Answer:

Intangible assets

Explanation:

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Current assets include

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3 years ago
What kinds of business transactions are NOT summarized in a sole proprietor's books? A. Credits. B. Expenses or deductions. C. G
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Answer:

D. Sole proprietor's wages.

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Hence, Sole Proprietor's wages are not listed in the ledger of the sole proprietor. So, the correct answer is D.

4 0
3 years ago
Haruto Kawa, a Japanese citizen who works for Shin-Ro Corp. in Japan, has been asked to head the company's sales office in the U
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Answer:

The correct answer will be "Expatriate".

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3 years ago
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In the given scenarios Katlyn is motivated to keep her company growing because her most important customer is a company that is growing at a rate of 33% per year.

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7 0
3 years ago
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hope this helps
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