How much money should you deposit each quarter
You want to have $9000 by the time you finish college in 5 years. How much money should you deposit each quarter for the next 5 years into an account paying 8% per year compounded quarterly so that you can have $9000 when you finish college?
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If private colleges and universities are required to identify program and support expenses, how this is accomplished if the entity uses the NACUBO accounts?
Julie's parents' 25th anniversary is in 4 years. She'd like to give her parents a vacation package for their anniversary. She anticipates the vacation package will cost her $2200. An account at her bank pays 4% per year compounded monthly.
Home Company manufactures tables with vinyl tops. The standard material cost for the vinyl user per Type-R table is $7.80 based on six square feet of vinyl at a cost of $1.30 per square foot.
Carmack Company has credit sales of $2.6 million for year 2011. On December 31, 2011, the company's Allowance for Doubtful Accounts has an unadjusted credit balance of $13,400.
If computer controlled machines are purchase to make parts variable cost will decrease by 9% but common fixed will increase by$44,000.
Company A has actively conducted two businesses for 10 years in the sale and production of toys and candy. Company A wishes to protect the candy business from the liabilities and risks of the toy business.
Corp A has assets with a fair market value of $100 and has liabilities of $30, and a net operating loss carryforward of $10. Corp B acquires Corp A's assets in exchange for Corp B voting stock, and Corp A then liquidates.
Mango, a super salesman contemplating retirement on his fifty-fifth birthday, decides to create a fund on a 10% basis that will enable him to withdraw $60,000 per year on June 30, beginning in 2014 and continuing through 2017.
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