5. Kehoe, Inc. owes $30,000 to Ritter Company today. How much would Kehoe have to pay each year if the debt is retired through four equal payments (made at the end of the year), given an interest rate on the debt of 12%?

P= 9,877.30

Explanation:

he applicable formula for this annuity calculation is as below. the intention is the get an annuity payable at the end of each year

P   =   PV    x           r    

                        1 − (1+r)−n

P is the yearly amount

PV is the present value, $30,000

r is interest rate 12 % or 0.12 %

n is four years

P= 30,000 x       0.12            

 1-(1+0.12)-4

P= 30,000 x          0.12            

 1 - 0.6355180

P= 30,000 x 0.32923436

P= 9,877.30

i would get some file cabnitsits to store all my documents and paper work, then i would make sure to always keep my desk clean and organzed by using sticky notes to mark a stack of papers. and etc. but mainly i would just stay clean and organized because it will make lfe alot eaisier trust me. hope this !

income statement is prepared in order to show the profits and loss of a business. in order to prepare the income statement she should collect all the income and expenses of the product with the cost of production.