Homework Answers
- Question 27 is not clear to answer, please re upload only question 27 to get the answer, i am providing answer to question 28.
- Answer to question-28,
- P means the principal amount,
- i means the rate of interest,
- n means time period,
- Substituting the values in the formula,
- f = 5000 * (1+5%)^2
- f = 5512.5.
Add Answer to:
please solve asap thank you so much Credit Debit Date Account 28. You have $5,000 to invest. You are investing in a...
Can someone pls help me out I'm struggling very much. Thank you! Date Accounts Debit Credit...
Can someone pls help me out I'm struggling very much. Thank
you!
Date Accounts Debit Credit Accounts Receivable Account No. 105 Dec. 31 Salaries Expense 3,600 Date Explanation Ref. Debit Credit Balance Salaries Payable 3,600 Beg, Balance 0 Dec, 15 Performed services on account 11 3,800 3,800 Date Accounts Debit Credit Dec, 25 Collected cash an account J1 3,800 0 Dec. 31 100 Dec. 28 Performed services on account J1 700 700 Depreciation Expense- Furniture Accumulated Depreciation - Furniture Bal....
can you show the entries and how you got them please. thank you Date Account Name...
can you show the entries and how you got them please.
thank you
Date Account Name Debit Credit 3. On the last day of the calendar year, the City of Cammieton borrowed $400,000 from the local bank as a short-term loan in anticipation of property tax collections in the month of January. The note is non-interest bearing, due in 30 days, and is discounted as a rate of 12% per year. Record this transaction from two perspectives: 1) from the...
please help to do 6 8 9 thank u soooo much 6. If you invest $4700...
please help to do 6 8 9 thank u soooo much
6. If you invest $4700 into an account that pays 4.3% interest rate compounded continuously, find (a) the future value after 9 years, (b) the effective rate, and (c) the time to reach $10,000. Round all values to the nearest hundredth. 7. June made an initial deposit of $ 2100 in an account for her son. Assuming an interest rate of 2% compounded quarterly, how much will the account...
please help me answering all of these questions. thank you so much On January 1, 2020,...
please help me answering all of these questions. thank you so
much
On January 1, 2020, Indigo Company sold 12% bonds having a maturity value of $650,000 for $753,808, which provides the bondholders with a 8% yield. The bonds are dated January 1, 2020, and mature January 1, 2025, with interest payable Decembe of each year. Indigo Company allocates interest and unamortized discount or premium on the effective-interest basis. Prepare the journal entry at the date of the bond issuance....
8.3-8.6. Using the Finance Formulas potage 2 of 21 15. Suppose you invest $5,000 in a...
8.3-8.6. Using the Finance Formulas potage 2 of 21 15. Suppose you invest $5,000 in a savings account that pays an annual interest rate of 4%. If the interest is compounded monthly, what is the balance in the account after 10 years? 16. You invest $5000 at 2.2% annual interest compounded quarterly. How much do you have after 5 years? 17. Against expert advice, you begin your retirement savings at age 40. You plan on retiring at age 65. How...
Please solve using financial calculator only and show work. Thank you. 28. Your brother has asked you to help him with c...
Please solve using financial calculator only and show work. Thank you. 28. Your brother has asked you to help him with choosing an investment. He has $5,200 to invest today for a period of five years. You identify a bank CD that pays an interest rate of 3.60 percent with the interest being paid quarterly. What will be the value of the investment in five years? 29. Tim has loaned money to his brother at an interest rate of 6...
5. Suppose a CD (Certificate of Deposit) advertised an APR of 8%. Assuming the APR was...
5. Suppose a CD (Certificate of Deposit) advertised an APR of 8%. Assuming the APR was the result of monthly compounding, find the effective annual yield to the nearest tenth of a percent. 8. The going rate for a home mortgage with a term of 30 years is 3.8%. The lending agency says that based on your income, your monthly payment could be $900. How much can you borrow? 9. Suppose you invest $5,000 in a savings account that pays...
please help me answering all of these questions. thank you so much Current Attempt in Progress...
please help me answering all of these questions. thank you so
much
Current Attempt in Progress 1. On January 1, 2020, Marin Company makes the two following acquisitions. Purchases land having a fair value of $220,000 by issuing a 4-year, zero-interest-bearing promissory note in the face amount of $346,174 Purchases equipment by issuing a 6%, 8-year promissory note having a maturity value of $410,000 (interest payable annually). 2. The company has to pay 12% interest for funds from its bank....
1. Suppose you have A, dollars to invest in a savings account eaming an annual interest...
1. Suppose you have A, dollars to invest in a savings account eaming an annual interest rate of r percent compounded continuously. Furthermore, suppose that you make annual deposits of d dollars to the account. The differential equation governing this situation is dA =rA+d, AO) = Ao (a) Find an equation for the future value Ac) of the account by solving the aforementioned initial value problem. Be sure your solution is correct as this will be used for the remaining...
please solve this question and show steps! thank you so much! The triceps muscle in the...
please solve this question and show steps! thank you so much!
The triceps muscle in the back of the upper arm extends the forearm. This muscle in a professional boxer exerts a force of 1175 N with an effective perpendicular lever arm of 2.70 cm. producing an angular acceleration of the forearm of 130.0 rad / s. What is the moment of inertia of the boxer's forearm? kg m2 moment of inertia: Question Credit: OpenStax College Physics
Can someone pls help me out I'm struggling very much. Thank
you!
Date Accounts Debit Credit Accounts Receivable Account No. 105 Dec. 31 Salaries Expense 3,600 Date Explanation Ref. Debit Credit Balance Salaries Payable 3,600 Beg, Balance 0 Dec, 15 Performed services on account 11 3,800 3,800 Date Accounts Debit Credit Dec, 25 Collected cash an account J1 3,800 0 Dec. 31 100 Dec. 28 Performed services on account J1 700 700 Depreciation Expense- Furniture Accumulated Depreciation - Furniture Bal....
can you show the entries and how you got them please.
thank you
Date Account Name Debit Credit 3. On the last day of the calendar year, the City of Cammieton borrowed $400,000 from the local bank as a short-term loan in anticipation of property tax collections in the month of January. The note is non-interest bearing, due in 30 days, and is discounted as a rate of 12% per year. Record this transaction from two perspectives: 1) from the...
please help to do 6 8 9 thank u soooo much
6. If you invest $4700 into an account that pays 4.3% interest rate compounded continuously, find (a) the future value after 9 years, (b) the effective rate, and (c) the time to reach $10,000. Round all values to the nearest hundredth. 7. June made an initial deposit of $ 2100 in an account for her son. Assuming an interest rate of 2% compounded quarterly, how much will the account...
please help me answering all of these questions. thank you so
much
On January 1, 2020, Indigo Company sold 12% bonds having a maturity value of $650,000 for $753,808, which provides the bondholders with a 8% yield. The bonds are dated January 1, 2020, and mature January 1, 2025, with interest payable Decembe of each year. Indigo Company allocates interest and unamortized discount or premium on the effective-interest basis. Prepare the journal entry at the date of the bond issuance....
8.3-8.6. Using the Finance Formulas potage 2 of 21 15. Suppose you invest $5,000 in a savings account that pays an annual interest rate of 4%. If the interest is compounded monthly, what is the balance in the account after 10 years? 16. You invest $5000 at 2.2% annual interest compounded quarterly. How much do you have after 5 years? 17. Against expert advice, you begin your retirement savings at age 40. You plan on retiring at age 65. How...
5. Suppose a CD (Certificate of Deposit) advertised an APR of 8%. Assuming the APR was the result of monthly compounding, find the effective annual yield to the nearest tenth of a percent. 8. The going rate for a home mortgage with a term of 30 years is 3.8%. The lending agency says that based on your income, your monthly payment could be $900. How much can you borrow? 9. Suppose you invest $5,000 in a savings account that pays...
please help me answering all of these questions. thank you so
much
Current Attempt in Progress 1. On January 1, 2020, Marin Company makes the two following acquisitions. Purchases land having a fair value of $220,000 by issuing a 4-year, zero-interest-bearing promissory note in the face amount of $346,174 Purchases equipment by issuing a 6%, 8-year promissory note having a maturity value of $410,000 (interest payable annually). 2. The company has to pay 12% interest for funds from its bank....
1. Suppose you have A, dollars to invest in a savings account eaming an annual interest rate of r percent compounded continuously. Furthermore, suppose that you make annual deposits of d dollars to the account. The differential equation governing this situation is dA =rA+d, AO) = Ao (a) Find an equation for the future value Ac) of the account by solving the aforementioned initial value problem. Be sure your solution is correct as this will be used for the remaining...
please solve this question and show steps! thank you so much!
The triceps muscle in the back of the upper arm extends the forearm. This muscle in a professional boxer exerts a force of 1175 N with an effective perpendicular lever arm of 2.70 cm. producing an angular acceleration of the forearm of 130.0 rad / s. What is the moment of inertia of the boxer's forearm? kg m2 moment of inertia: Question Credit: OpenStax College Physics
Most questions answered within 3 hours.
-
Nitrogen dioxide is one of the many oxides of nitrogen (often
collectively called "NOx") that are...
asked 8 minutes ago -
1/ Using ________________ as they are intended is the best
guarantee for consistency and forward compatibility....
asked 18 minutes ago -
Portfolio theory
Given the following information about firm A and the
market:δ
E (Rm)= 12 per...
asked 16 minutes ago -
Albert files his income tax return (showing a total tax of
$23,000) 5½ months after the...
asked 19 minutes ago -
This exercise involves you using imagination and logical
reasoning to occupy the mindset of a visualiser...
asked 29 minutes ago -
What kinds of storage have you seen in use during your own
lifetime?
asked 30 minutes ago -
Practicing Acid Base Calculations
Cameco in Port Hope, Ontario uses hydrofluoric acid to make a
uranium...
asked 37 minutes ago -
The gross payoffs (X) from the investment have the following
probability mass function.
x
p(x)
0...
asked 44 minutes ago -
In an aqueous mixture of aluminum, lead, and iron salts, which
of these will be reduced...
asked 1 hour ago -
The probability of college students in the US is given by P(A)=
0.06. The probability of...
asked 43 minutes ago -
Water is needed to supply a canal system, which may require up
to 30m3 s -1...
asked 48 minutes ago -
A stubborn dog is being walked on a leash by its owner. At one
point, the...
asked 53 minutes ago