Answer:
The Employers/Head Company
Explanation:
You're pitching this to someone in charge, who might do some with the project.
The owner's equity division should contain a) 31 P. Woodsley Capital.
The statement of owner's equity includes the capital and the changes that affects the capital like additional contribution, net income, withdrawals, and expenses.
Additional contribution and net income increases the value of the owner's equity.
Withdrawal and expenses decreases the value of the owner's equity.
$4000 was invested at 3% interest.
<u>Solution:</u>
Assume that x and y represent the amount at 3.5% and 3% respectively. So, according to the given statements we get two equations,
On multiplying equation (1) by 30 and equation (2) by 10 we get,
On solving both the equations we get,
On substituting (3) in (1) we get,
Therefore, $4000 was invested at 3% interest and $1000 was invested at 3.5% interest.
Answer: 6956,27
Explanation:
This is a case of multiple cash flow. The future value is the sum of Cash Flows of each period. And each cash flow must be updated with the corresponding discount rate.
So we have to add the future value of each individual cash flow to determine the future value of the investment in Year 4.
<em>(Calculations can be seen in the attached).</em>
