Sundance systems has the following transactions during july. july 5 purchases 36 lcd televisions on account from red river supplies for $2,300 each, terms 1/10, n/30. july 8 returns to red river four televisions that had defective sound. july 13 pays the full amount due to red river. july 28 sells remaining 32 televisions from july 5 for $2,800 each on account. required: record the transactions of sundance systems, assuming the company uses a perpetual inventory system.

Your parents have accumulated a $170,000 nest egg. they have been planning to use this money to pay college costs to be incurred by you and your sister, courtney. however, courtney has decided to forgo college and start a nail salon. your parents are giving courtney $20,000 to her get started, and they have decided to take year-end vacations costing $8,000 per year for the next four years. use 8 percent as the appropriate interest rate throughout this problem. use appendix a and appendix d for an approximate answer, but calculate your final answer using the formula and financial calculator methods. a. how much money will your parents have at the end of four years to you with graduate school, which you will start then?

The simple interest in a loan of $200 at 10 percent interest per year is

Brian has been working for a few years now and has saved a substantial amount of money. he now wants to invest 50 percent of his savings in a bank account where it will be locked for three years and gain interest. which type of bank account should brian open? a. savings account b. money market account c. checking account d. certificate of deposit