Autorola plans to invest $5,000 per year in equal end-of-the-year amounts at an interest rate of 6% compounded annually. How much will the firm have at the end of four years?
What will be an ideal response?
Answer: FV = PMT × = $5,000 × = $21,873.08.
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Matthew is an individual acting as a sales agent with the responsibility for finding new franchisees within a specified territory. Matthew is a(n)
A. multiple-unit franchisor. B. area developer. C. franchisor representative. D. master licensee.
In the last paragraph of your cover letter, you should
A) give information about your college transcripts. B) give your qualifications. C) tell the potential employer that you will call them in seven-to-ten days. D) ask for a personal interview.
The CISG has been adopted by _____ countries
A) 25 B) 60 C) 75 D) 150
Alcoser Corporation's most recent balance sheet appears below:Comparative Balance Sheet Ending BalanceBeginning BalanceAssets: Cash and cash equivalents$34 $29 Accounts receivable 32 36 Inventory 53 66 Property, plant, and equipment 554 480 Less accumulated depreciation 208 206 Total assets$465 $405 Liabilities and stockholders' equity: Accounts payable$41 $50 Accrued liabilities 17 16 Income taxes payable 28 30 Bonds payable 217 200 Common stock 75 70 Retained earnings 87 39 Total liabilities and equity$465 $405 ?Net income for the year was $60. Cash dividends were $12. The company did not dispose of any property, plant, and equipment. It did not issue any bonds payable or repurchase any of its own common
stock. The following questions pertain to the company's statement of cash flows.The net cash provided by (used in) financing activities for the year was: A. $10 B. $(12) C. $17 D. $5