subject
Business, 17.03.2020 05:22 nathaniel12

In 2009, Harold deposited $50,000 in an account paying 6% annual interest. Harold wants to make five equal annual withdrawals from the account starting with the first withdrawal in 2020. Further, Harold wants to have exactly $100,000 left in the account in 2026. How large can each of the annual withdrawals be

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 19:20
Which of the following best explains why large companies have an advantage over smaller companies? a. economies of scale make it possible to offer lower prices. b. the production possibilities frontier is wider for a larger company. c. decreasing marginal utility enables more efficient production. d. increasing the scale of production leads to a reduction in inputs.2b2t
Answers: 1
question
Business, 21.06.2019 21:10
Strawberry plants reproduce by
Answers: 1
question
Business, 22.06.2019 02:00
Ida sidha karya company is a family-owned company located on the island of bali in indonesia. the company produces a handcrafted balinese musical instrument called a gamelan that is similar to a xylophone. the gamelans are sold for $860. selected data for the company’s operations last year follow: units in beginning inventory 0 units produced 320 units sold 285 units in ending inventory 35 variable costs per unit: direct materials $ 135 direct labor $ 355 variable manufacturing overhead $ 30 variable selling and administrative $ 15 fixed costs: fixed manufacturing overhead $ 64,000 fixed selling and administrative $ 27,000 the absorption costing income statement prepared by the company’s accountant for last year appears below: sales $ 245,100 cost of goods sold 205,200 gross margin 39,900 selling and administrative expense 31,275 net operating income $ 8,625 required: 1. under absorption costing, how much fixed manufacturing overhead cost is included in the company's inventory at the end of last year? 2. prepare an income statement for last year using variable costing. what is the amount of the difference in net operating income between the two costing methods?
Answers: 1
question
Business, 22.06.2019 12:20
In terms of precent, beer has more alcohol than whiskey true or false
Answers: 1
You know the right answer?
In 2009, Harold deposited $50,000 in an account paying 6% annual interest. Harold wants to make five...
Questions
question
Mathematics, 22.10.2021 21:20
question
Mathematics, 22.10.2021 21:20
question
Mathematics, 22.10.2021 21:20
question
Business, 22.10.2021 21:20
question
Mathematics, 22.10.2021 21:20
question
History, 22.10.2021 21:20
Questions on the website: 13722367