At the beginning of 2017, Laura Company issued 10-year bonds with a face value of $4,000,000 due on December 31, 2022. The company will accumulate a fund to retire these bonds at maturity. It will make ten annual deposits to the fund beginning on December 31, 2017. How much must the company deposit each year, assuming that it will earn 12% interest compounded annually?
A. $363,636.36
B. $227,936.65
C. $226,008.92
D. $203,514.87
Answer: B
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Solve the problem.Suppose that you want to have a $95,706 retirement fund after 40 years. How much will you need to deposit now if you can obtain an APR of 5%, compounded daily? Assume that no additional deposits are to be made to the account.
A. $23,926.50 B. $91,038.37 C. $8598.09 D. $12,954.17
Write the equation of a circle with the given center and radius.Center at (0, 0); Radius 7
A. x2 - y2 =
B. x2 - y2 = 7
C. x2 + y2 = 49
D. x2 + y2 = 7
If the goal is to train interpersonal skills, _____ is the favored method.
Fill in the blank(s) with correct word
Which theory emphasizes how cognitive development proceeds as a result of social interactions between members of a culture?
A. interconnectedness B. sociocultural C. bioecological D. contextual