Business, 26.03.2021 01:40, TrapQueen665

You just deposited $4,000 in a bank account that pays a 4.0% nominal interest rate, compounded quarterly. If you also add another $5,000 to the account one year (4 quarters) from now and another $7,500 to the account two years (8 quarters) from now, how much will be in the account three years (12 quarters) from now?

Answers: 3

Show answers

Other questions on the subject: Business

Business, 22.06.2019 10:30, natajaeecarr

Jack manufacturing company had beginning work in process inventory of $8,000. during the period, jack transferred $34,000 of raw materials to work in process. labor costs amounted to $41,000 and overhead amounted to $36,000. if the ending balance in work in process inventory was $12,000, what was the amount transferred to finished goods inventory?

Answers: 2

continue

Business, 22.06.2019 21:30, lekylawhite16

Abond purchased for $950 was sold for $980 after one year. the interest received during the year is $25. the bond's yield is:

Answers: 1

continue

Business, 22.06.2019 22:00, brad7330

Brody corp. uses a process costing system in which direct materials are added at the beginning of the process and conversion costs are incurred uniformly throughout the process. beginning inventory for january consisted of 1,050 units that were 65% completed. 10,900 units were started into the process during january. on january 31, the inventory consisted of 500 units that were 50% completed. what would be the equivalent units for direct materials cost using the weighted average method?

Answers: 2

continue

Business, 22.06.2019 22:50, esid906

Clooney corp. establishes a petty cash fund for $225 and issues a credit card to its office manager. by the end of the month, employees made one expenditure from the petty cash fund (entertainment, $20) and three expenditures with the credit card (postage, $59; delivery, $84; supplies expense, $49).record all employee expenditures, and record the entry to replenish the petty cash fund. the credit card balance will be paid later. (if no entry is required for a transaction/event, select "no journal entry required" in the first account record expenditures from credit card and the petty cash fund.

Answers: 2

continue

Do you know the correct answer?

You just deposited $4,000 in a bank account that pays a 4.0% nominal interest rate, compounded quart...