Business
Business, 26.02.2020 22:04, elirosejohlandancel

Ami would like to withdraw $10,364.10 at the end of each year, for 10 years, from an account paying 2.3% compounded annually. Determine the amount needed in the account for Tami to do this. Round to the nearest cent. a. $115,052.98 b. $103,641.00 c. $91,651.92 d. $93,759.91

answer
Answers: 1

Other questions on the subject: Business

image
Business, 22.06.2019 08:00, Shyshy876
3. describe the purpose of the sec. (1-4 sentences. 2.0 points)
Answers: 3
image
Business, 22.06.2019 15:00, nando3024
Magic realm, inc., has developed a new fantasy board game. the company sold 15,000 games last year at a selling price of $20 per game. fixed expenses associated with the game total $182,000 per year, and variable expenses are $6 per game. production of the game is entrusted to a printing contractor. variable expenses consist mostly of payments to this contractor. required: 1-a. prepare a contribution format income statement for the game last year.1-b. compute the degree of operating leverage.2. management is confident that the company can sell 58,880 games next year (an increase of 12,880 games, or 28%, over last year). given this assumption: a. what is the expected percentage increase in net operating income for next year? b. what is the expected amount of net operating income for next year? (do not prepare an income statement; use the degree of operating leverage to compute your answer.)
Answers: 2
image
Business, 22.06.2019 15:00, Jocelynrichards
Why entrepreneurs start businesses. a) monopolistic competition b) perfect competition c) sole proprietorship d) profit motive
Answers: 1
image
Business, 22.06.2019 19:40, cieloromero1
Moody corporation uses a job-order costing system with a plantwide predetermined overhead rate based on machine-hours. at the beginning of the year, the company made the following estimates: machine-hours required to support estimated production 100,000 fixed manufacturing overhead cost $ 650,000 variable manufacturing overhead cost per machine-hour $ 3.00 required: 1. compute the plantwide predetermined overhead rate. 2. during the year, job 400 was started and completed. the following information was available with respect to this job: direct materials $ 450 direct labor cost $ 210 machine-hours used 40
Answers: 3
Do you know the correct answer?
Ami would like to withdraw $10,364.10 at the end of each year, for 10 years, from an account paying...

Questions in other subjects:

Konu
Biology, 16.10.2020 14:01
Konu
Mathematics, 16.10.2020 14:01