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a) If you deposit $10 000 today in a bank statement paying 10.38%, how much will you             have in one (1) year. b) If you need 12 000 in one (1) year, how much do you need to deposit today   2. What is the present value of $14 784 invested at an interest rate of 4% for twenty three                         years.                                                                                                                     3. How much do we deposit at 8% at the end of each year to accumulate $5 000 at the end     end of 10 years

a) If you deposit $10 000 today in a bank statement paying 10.38%, how much will you             have in one (1) year. b) If you need 12 000 in one (1) year, how much do you need to deposit today   2. What is the present value of $14 784 invested at an interest rate of 4% for twenty three                         years.                                                                                                                     3. How much do we deposit at 8% at the end of each year to accumulate $5 000 at the end     end of 10 years

Principles of Accounting Volume 2
Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter11: Capital Budgeting Decisions
Section: Chapter Questions
Problem 3PB: Use the tables in Appendix B to answer the following questions. A. If you would like to accumulate...
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  1. a) If you deposit $10 000 today in a bank statement paying 10.38%, how much will you             have in one (1) year.

b) If you need 12 000 in one (1) year, how much do you need to deposit today

 

2. What is the present value of $14 784 invested at an interest rate of 4% for twenty three

                        years.

                                                                                                                   

3. How much do we deposit at 8% at the end of each year to accumulate $5 000 at the end     end of 10 years          

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