How to savings account paying interest
If $30,000 is put in a savings account paying interest of 4% compounded annually, what amount will be in the account at the end of 5 years?
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Determine ending inventory and cost of goods sold for 2011. (Round your intermediate calculations and final answers to the nearest dollar amount. Omit the "$" sign in your response.)
Comprehensive problem, Mr.arvind has good amount of savings he wanted to start a business which can give him a good margin of profit. He plan to start an auto agency to puchase and sales scooters an
Jenny Carson invested $18,000 at 8% annual interest and left the money invested without withdrawing any of the interest for 15 years. At the end of the 15 years.
Prepare journal entries to record the preceding information in the general ledger accounts for the Street Improvement Fund.
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The annual interest rate on the mortgage payable, 90900, was 9.25%. Interest expense for one-half month should be computed because the building was purchased and the liability occured on June 16.
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