1. You agree to make 24 deposits of $500 at the beginning of each month into a bank account. At the end of the 24th month, you will have $13,000 in your account. If the bank compounds interest monthly, what nominal annual interest rate will you be earning?
2. What is March payroll if annual payroll is 469,377? Use 2 decimals in the answer.
3. List the ways in which financial accounting contributes to an organization’s management control of finances and its ability to report on an organization’s fiscal performance.