subject
Business, 04.10.2019 22:10 salvadorjazmin75

John rider wants to accumulate $85,000 to be used for his daughter’s college education. he would like to have the amount available on december 31, 2026. assume that the funds will accumulate in a certificate of deposit paying 8% interest compounded annually. (fv of $1, pv of $1, fva of $1, pva of $1, fvad of $1 and pvad of $1) (use appropriate factor(s) from the tables provided.) answer each of the following independent questions. required: if john were to deposit a single amount, how much would he have to invest on december 31, 2021? if john were to make five equal deposits on each december 31, beginning a year later, on december 31, 2019, what is the required amount of each deposit? if john were to make five equal deposits on each december 31, beginning now, on december 31, 2018, what is the required amount of each deposit? (for all requirements, round your final answers to nearest whole dollar amount.)

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 00:30
How did lani lazzari show her investors she was a good investment? (site 1)
Answers: 3
question
Business, 22.06.2019 02:00
On january 1, 2017, fisher corporation purchased 40 percent (90,000 shares) of the common stock of bowden, inc. for $980,000 in cash and began to use the equity method for the investment. the price paid represented a $48,000 payment in excess of the book value of fisher's share of bowden's underlying net assets. fisher was willing to make this extra payment because of a recently developed patent held by bowden with a 15-year remaining life. all other assets were considered appropriately valued on bowden's books. bowden declares and pays a $90,000 cash dividend to its stockholders each year on september 15. bowden reported net income of $400,000 in 2017 and $348,000 in 2018. each income figure was earned evenly throughout its respective year. on july 1, 2018, fisher sold 10 percent (22,500 shares) of bowden's outstanding shares for $338,000 in cash. although it sold this interest, fisher maintained the ability to significantly influence bowden's decision-making process. prepare the journal entries for fisher for the years of 2017 and 2018. (if no entry is required for a transaction/event, select "no journal entry required" in the first account field. do not round intermediate calculations. round your final answers to the nearest whole dollar.)
Answers: 3
question
Business, 22.06.2019 16:10
From what part of income should someone take savings?
Answers: 2
question
Business, 22.06.2019 16:50
Coop inc. owns 40% of chicken inc., both coop and chicken are corporations. chicken pays coop a dividend of $10,000 in the current year. chicken also reports financial accounting earnings of $20,000 for that year. assume coop follows the general rule of accounting for investment in chicken. what is the amount and nature of the book-tax difference to coop associated with the dividend distribution (ignoring the dividends received deduction)?
Answers: 2
You know the right answer?
John rider wants to accumulate $85,000 to be used for his daughter’s college education. he would lik...
Questions
question
Mathematics, 14.01.2021 04:20
question
Mathematics, 14.01.2021 04:20
question
Geography, 14.01.2021 04:20
Questions on the website: 13722363