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Aliun [14]
3 years ago
14

How much must be deposited today into the following account in order to have 35000

Business
1 answer:
almond37 [142]3 years ago
8 0

Answer:

$21,691.43

Explanation:

We are to determine the present value of 35,000

the formula for determining present value is :

PV = FV (1 + r)^-nm

FV = Future value  

P = Present value  

R = interest rate = 8%/ 12  

N = number of years

m = number of compounding = 12

35,000( 1 + 0.00667)^-72 = $21,691.43

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The adjusting entry to record accrued revenue a.differs from the journal entry to record revenue on account. b.includes a debit
motikmotik

Answer:

D.

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3 years ago
On January 1, 2021, G Corp. granted stock options to key employees for the purchase of 87,000 shares of the company's common sto
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Answer:

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The same should be considered and relevant too

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3 years ago
McDonald's is an excellent example of a firm that simultaneously employs both a product-differentiation and a cost-leadership st
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