Your oldest daughter is about to start kindergarten in a private school. tuition is $ 20 comma 000 per year, payable at the beginning of the school year. you expect to keep your daughter in private school through high school. you expect tuition to increase at a rate of 6 % per year over the 13 years of her schooling. what is the present value of your tuition payments if the interest rate is 6 % per year? how much would you need to have in the bank now to fund all 13 years of tuition?

For each of the following users of financial accounting information and managerial accounting information, specify whether the user would primarily use financial accounting information or managerial accounting information or both: 1. sec examiner 2. bookkeeping department 3. division controller 4. external auditor (public accounting firm) 5. loan officer at the company's bank 6. state tax agency auditor 7. board of directors 8. manager of the service department 9. wall street analyst 10. internal auditor 11. potential investors 12, current stockholders 13. reporter from the wall street journal 14. regional division managers

20. to add body to a hearty broth, you may use a. onions. b. pasta. c. cheese. d. water.

Qwest airlines has implemented a program to recycle all plastic drink cups used on their aircraft. their goal is to generate $7 million by the end of the recycle program's five-year life. each recycled cup can be sold for $0.005 (1/2 cent). a. how many cups must be recycled annually to meet this goal? assume uniform annual plastic cup usage and a 0% interest rate. b. repeat part (a) when the annual interest rate is 12%. c. why is the answer to part (b) less than the answer to part (a)?