09/24/21
How much would you need to deposit in an account each month in order to have $40,000 in the account in 6 years? Assume the account earns 8% interest.
I cannot solve this. Can someone give me the steps? Thank you!
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07/22/21
Accounting, bonds
A company issued 10- year 8% bonds with a Face Value of $200,000 on January 1, 20Y1 for $188,500. The Bonds pay interest Semi- annually. Determine the Carrying Value of the Bonds on January 1, 20Y3.
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