How much of deposit make in savings account each year
Deposits Required. If you need $6,000 5 years from now, how much of a deposit must you make in your savings account each year, assuming an 8 percent annual interest rate?
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Brent owns Beck Trucking. Seven years ago, he purchased a large-capacity dump truck for $115,000 to provide short-haul earth moving services. He sold it today for $45,000.
Calculate the present value of the following future cash inflows discounted at 10 percent. (a) $1,000 a year for years 1 through 10.
Chris like to save $30,000 to send his son to college in 18 years. If he uses an account that averages a 9% R, about how much will she need to save each year?
They added Direct Materials costs of $160,000 during the year and $320,000 of Conversion costs. What was the cost per unit under Wtd Average for Material and for Conversion.
If you need $6,000 5 years from now, how much of a deposit must you make in your savings account each year, assuming an 8 percent annual interest rate?
Primm Company produces a product that requires four standard gallons per unit. The standard price is $24.50 per gallon. The 2,500 units required 10,600 gallons.
Curtis Cap Company has recently been approached by Bud Selig, Commissioner of Major League Baseball (MLB), to manufacture 10,000 baseball caps for the 2013 All Star Game to be played at Citi Field in Queens NY next summer.
Doughboy Bakery would like to buy a new machine for putting icing and other toppings on pastries. These are now put on by hand. The machine that the bakery is considering costs $88,000 new.
The Brandilyn Toy Company manufactures a line of dolls and a doll dress sewing kit. Demand for the dolls is increasing, and management requests assistance from you in determining the best sales and production mix for the coming year.
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