You are given the following information ab


You are given the following information about ABC Company:

Interest expenses = $26,758
Times Interest Earned Ratio = 3.7 times
Tax Rate = 30.9%       

What is the net income?

Enter your answer rounded off to two decimal points.

Suppose you invest $35,418. If the interest rate is 14% compounded quarterly for the first 10 years and 12% compounded monthly for the next 5 years, what is the future value after 15 years?   

 

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