Your cousin is currently 8 years old. she will be going to college in 10 years. your aunt and uncle would like to have $ 105 comma 000 in a savings account to fund her education at that time. if the account promises to pay a fixed interest rate of 4.4 % per year, how much money do they need to put into the account today to ensure that they will have $ 105,000 in 10 years?
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Warren company plans to depreciate a new building using the double declining-balance depreciation method. the building cost $870,000. the estimated residual value of the building is $57,000 and it has an expected useful life of 20 years. assuming the first year's depreciation expense was recorded properly, what would be the amount of depreciation expense for the second year?
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Your cousin is currently 8 years old. she will be going to college in 10 years. your aunt and uncle...
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