An investment will pay $50 at the end of each of the next 3 years, $200 at the end of year 4, $400 at the end of year 5, and $500 at the end of year 6. if other investments of equal risk earn 5% annually, what is its present value? its future value? do not round intermediate calculations. round your answers to the nearest cent.

Tiana daniels enterprise’s trial balance as at december 31, 2016 did not balance. on february 15, 2017 the following errors were detected: errorsi. water rates had been undercast by $2, 000.  ii. a cheque paid to yvonne walch of $2, 680 had been posted to the credit side of her account.  iii. discount received total of $1, 260 had been posted to the debit side of the discount allowed account as $1, 620.  iv. rent paid in the amount of $24, 000 had been posted to the credit of the rent received account.  v. wayne returned goods valuing $1, 680 to daniels enterprise but had been completely omitted from the books.    required: 1. prepare the journal entries to correct the errors.  (narrations required)                    14.5 marks  2.    prepare the suspense account showing clearly the original trial balance error.          8 marks

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Stock market crashes happen when the value of most of the stocks in the stock market increase at the same time. question 10 options: true false