Suppose payments were made at the end of each quarter into an ordinary annuity earning interest at the rate of 9%/year compounded quarterly. If the future value of the annuity after 8 yr is $80,000, what was the size of each payment?
December 14, 2014
Jim Johnson has 40% interest in Richards and Johnson, LLP. The partnership has the following activity for the year: Sales $180,000 Cost of Goods Sold 105,000 Guaranteed Payment to Ron Richards 25,000 Depreciation 11,000 Interest Expense 1,000 Tax-Exempt Income 1,500 Health ...
April 18, 2012
I dont understand this either His firm engaged primarily in commercial law; his most valued clients were established businessmen or corporations. He was also personally involved in a variety of business concerns. He began to deal in real estate in the 1840s, acquired land in ...
April 2, 2011
I dont understand this He was the dominant creative mind which produced the BRITISH NORTH AMERICA ACT and the union of provinces which became Canada. As the first prime minister of Canada, he oversaw the expansion of the Dominion from sea to sea. His government dominated ...
April 2, 2011
Valentines Day Help
Im doing a poem, and im stuck on one part. "Flowers that smells like.... I dont know what to put in the blank. I thought of flowers that smell like the crisp air, but I want it to be more valentiney. Really need help
February 12, 2011