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Georgi Rostov deposits $3,000 in a savings account that pays 6% interest compounded monthly. 3 years later, he deposits $4,000. 2 years after the $4,000 deposit, he makes another deposit in the amount of 6,000. 4 years after the $6,000 deposit, half of the accumulated money is transferred to a fund that pays 8% interest compounded quarterly. how much money will be in each account 6 years after the transfer?
A firm has beginning inventory of 300 units at a cost of $11 each. Production during the period was 650 units at $12 each. If sales were 700 units, what is the cost of goods sold (assume LIFO)?
Trying to find how to calculate the effective annual interest rate on commercial paper when business sold an issue of 30-day paper with fact value of $5,000,000 and the frim received $4,958,000.
If we were to use linear regression with seasonality to forecast costs, what would be the X independent variable? Got example of a logical XY pair?
Month Units produced Total costs March 10,000 $25,600 April 12,000 26,200 May 19,800 27,600 June 13,000 26,450 July 12,000 26,000 August 15,000 26,500 Using the high-low method, what is the variable cost per unit?
Rust Pipe Corporation was established in 1985. Four years later the company went public. At that time, Robert Rust, the real owner, decided to establish 2-classes of stock. The 1st represents Class A founders' stock and is entitled to ten-votes each ..
Compute the efficiency variances for direct labor and direct materials. 2. Provide likely explanations for the variances. Do you have reason to be concerned about your performance evaluation? Explain.
They expect their investment account to earn 9%. How large must the annual payments at t = 5, 6, and 7 be to cover Ellen's anticipated college costs?
Michelak's Maritime Industries has relatively stable earnings and pays an annual dividend of $2.50 each share. This dividend has remained constant over the past few years and is expected to remain steady for some time to come.
What estate planning documents should they have in place? What estate planning documents should their children Molly, Caleb, and Tyler have?
Raines Umbrella Corp. had sales of 7Z $850.000. Cost of goods sold. administrative and selling expenses, and depreciation expenses were $610,000, $110,000. and $140.000. respectively. In addition, the company had an interest expense of $85.000 and a ..
Suppose you are planning the purchase of a small office complex that will generate a gross rents of $600,000 per year. Because of long-term leases, rental income is not expected to change over the next twenty years
Computation of current yield the bond pays interest annually matures in 12 years and has a yield to maturity of 7.842 percent
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