subject
Business, 28.08.2021 01:30 Mypasswordishotdog11

On January 15, Year 5, Carr Corp. adopted a plan to accumulate funds for environmental improvements beginning July 1, Year 9, at an estimated cost of $2 million. Carr plans to make 4 equal annual deposits in a fund that will earn interest at 10% compounded annually. The first deposit was made on July 1, Year 5. Future value factors are as follows: Future value of 1 at 10% for 5 periods

1.61

Future value of ordinary annuity of 1 at 10% for 4 periods

4.64

Future value of annuity in advance of 1 at 10% for 4 periods

5.11

Carr should make 4 annual deposits (rounded) of
A. $320,000
B. $431,000
C. $391,400
D. $500,000

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 07:30
Read the following scenario and answer the question in 5-10 sentences. you are the owner of a small business that is a defendant in a lawsuit in federal court. you received bad news from your lawyer that the judge did not allow certain documents to be admitted as evidence in court and that the jury reached a $50,000 verdict in favor of the plaintiff. your lawyer tells you that it is within your legal right to hire him to file an appeal with the united states court of appeals. if the appellate court rules in your favor, you may be able to avoid paying part or all of the $50,000. evaluate your lawyer’s suggestion about appealing the decision.
Answers: 1
question
Business, 22.06.2019 20:30
Contrast two economies that transitioned to capitalism and explain what factors affected the ease kf their transition as welas the “face” of capitalism that each has adopted
Answers: 2
question
Business, 22.06.2019 23:20
Nnette henri is paid an hourly wage of $8.90 for a 32-hour workweek of 4 days, 8 hours daily. for any work on the fifth day and on saturdays, she is paid one and one-half times her regular hourly rate. during a certain week, in addition to her regular 32 hours, henri worked 6 hours on the fifth day and 5 hours on saturday. for this workweek, henri’s total earnings are:
Answers: 1
question
Business, 23.06.2019 01:40
The petty cash fund has a current balance of $ 350, which is the established fund balance. based on activity in the fund, it is determined that the balance needs to be changed to $ 450. which journal entry is needed to make this change?
Answers: 3
You know the right answer?
On January 15, Year 5, Carr Corp. adopted a plan to accumulate funds for environmental improvements...
Questions
question
Chemistry, 29.12.2020 22:00
question
Social Studies, 29.12.2020 22:00
question
Mathematics, 29.12.2020 22:10
question
Mathematics, 29.12.2020 22:10
question
Biology, 29.12.2020 22:10
question
Mathematics, 29.12.2020 22:10
question
World Languages, 29.12.2020 22:10
question
Mathematics, 29.12.2020 22:10
Questions on the website: 13722363