Lisa will begin college in 15 years and will have to pay $35,000 at the beginning of each of her four years in college. Her parents start saving money for college by investing $X at the end of each of the next 15 years so that the money in the account after 15 years will be enough to pay for all of Lisa’s college costs. Assume the annual effective rate of interest of 3.5%. Calculate $X.

What are six resources for you decide which type of business to start and how to start it?

Witch is an example of a non durable good?

Wilson company paid $5,000 for a 4-month insurance premium in advance on november 1, with coverage beginning on that date. the balance in the prepaid insurance account before adjustment at the end of the year is $5,000, and no adjustments had been made previously. the adjusting entry required on december 31 is: (a) debit cash. $5,000: credit prepaid insurance. $5,000. (b) debit prepaid insurance. $2,500: credit insurance expense. $2500. (c) debit prepaid insurance. $1250: credit insurance expense. $1250. (d) debit insurance expense. $1250: credit prepaid insurance. $1250. (e) debit insurance expense. $2500: credit prepaid insurance. $2500.