John begins a retirement program by investing monthly amounts of $185 from his pay and placing it in an account guaranteed to earn 6% interest. (This means the effective monthly rate is 0.5%.) Deposits will be taken from his check at the end of each month, beginning in one month for 42 consecutive years, the time when John expects to retire. Which of the following amounts comes closest to the balance in the account at the time of his retirement?a. $413,000b. $420,000c. $436,000d. $340,000e. $390,000

The following items could appear on a bank reconciliation: a. outstanding checks, $670. b. deposits in transit, $1,500. c. nsf check from customer, no. 548, for $175. d. bank collection of note receivable of $800, and interest of $80. e. interest earned on bank balance, $20. f. service charge, $10. g. the business credited cash for $200. the correct amount was $2,000. h. the bank incorrectly decreased the business's by $350 for a check written by another business. classify each item as (1) an addition to the book balance, (2) a subtraction from the book balance, (3) an addition to the bank balance, or (4) a subtraction from the bank balance.