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Disadvantage of the corporate form of business

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Reference no: EM131206035

1. How much must be saved at the end of each year for the next 10 years in order to accumulate $50000, if you can earn 9% annually? Assume you contribute the same amount to your savings every year.

2. What APR is being earned on a deposit of $5000 made 10 years ago today if the deposit is worth $9848.21 today? The deposit pays interest semiannually.

3. Which one of these is a disadvantage of the corporate form of business?

a. access to capital,

b. unlimited personal liability for owners,

c. limited firm life

d. legal requirements

Reference no: EM131206035

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