Mr. blochirt is creating a college investment fund for his daughter. he will put in $1,000 per year for the next 5 years starting one year from now and expects to earn a 6% annual rate of return. how much money will his daughter have when she starts college? (a) $5,637(b) $5,000(c) $4,212(d) $12,263

Yowell company granted a sales discount of $360 to a customer when it collected the amount due on account. yowell uses the perpetual inventory system. which of the following answers reflects the effects on the financial statements of only the discount? assets = liab. + equity rev. − exp. = net inc. cash flow a. (360 ) = na + (360 ) (360 ) − na = (360 ) (360 ) oa b. na = (360 ) + 360 360 − na = 360 na c. (360 ) = na + (360 ) (360 ) − na = (360 ) na d. na = (360 ) + 360 360 − na = 360 na