subject
Business, 18.11.2019 19:31 destinyleisantos

You've lost a lawsuit that requires you to pay $1,500 per month for 120 months starting next month. how much would you have to invest today to exactly pay for the lawsuit ,if your investments earn 3.00% apr (compounded monthly)? calculate your answer to the nearest dollar. write only the number with no dollar sign or comma (e. g., 3711) .

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 19:20
Which job role belongs in the middle management level? a. president b. chief executive officer c. department manager d. chief operating officer e. vice president
Answers: 1
question
Business, 22.06.2019 03:30
Assume that all of thurmond company’s sales are credit sales. it has been the practice of thurmond company to provide for uncollectible accounts expense at the rate of one-half of one percent of net credit sales. for the year 20x1 the company had net credit sales of $2,021,000 and the allowance for doubtful accounts account had a credit balance, before adjustments, of $630 as of december 31, 20x1. during 20x2, the following selected transactions occurred: jan. 20 the account of h. scott, a deceased customer who owed $325, was determined to be uncollectible and was therefore written off. mar. 16 informed that a. nettles, a customer, had been declared bankrupt. his account for $898 was written off. apr. 23 the $906 account of j. kenney & sons was written off as uncollectible. aug. 3 wrote off as uncollectible the $750 account of clarke company. oct. 20 wrote off as uncollectible the $1,130 account of g. michael associates. oct. 27 received a check for $325 from the estate of h. scott. this amount had been written off on january 20 of the current year. dec. 20 cater company paid $7,000 of the $7,500 it owed thurmond company. since cater company was going out of business, the $500 balance it still owed was deemed uncollectible and written off. required: prepare journal entries for the december 31, 20x1, and the seven 20x2 transactions on the work sheets provided at the back of this unit. then answer questions 8 and 9 on the answer sheet. t-accounts are also provided for your use in answering these questions. 8. which one of the following entries should have been made on december 31, 20x1?
Answers: 1
question
Business, 22.06.2019 09:30
Which are the best examples of costs that should be considered when creating a project budget?
Answers: 2
question
Business, 22.06.2019 11:30
Which of the following statements about cash basis accounting is true? a. it is more complicated than accrual basis accounting. b. the irs allows all types of corporations to use it. c. it follows gaap standards. d. it ensures the company always knows how much cash flow it has.
Answers: 2
You know the right answer?
You've lost a lawsuit that requires you to pay $1,500 per month for 120 months starting next month....
Questions
question
Mathematics, 09.12.2019 07:31
question
Mathematics, 09.12.2019 07:31
question
Biology, 09.12.2019 07:31
Questions on the website: 13722363