subject
Business, 17.03.2020 00:05 Rooster04

Gerry plans to make four annual deposits of $4000 into an account that pays 5.2%. The first deposit will occur in 2020. What size equal annual withdrawals can Gerry make from the account if the first withdrawal occurs in 2026 and the last occurs in 2031

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 02:00
Southeastern bell stocks a certain switch connector at its central warehouse for supplying field service offices. the yearly demand for these connectors is 15,000 units. southeastern estimates its annual holding cost for this item to be $25 per unit. the cost to place and process an order from the supplier is $75. the company operates 300 days per year, and the lead time to receive an order from the supplier is 2 working days.a) find the economic order quantity.b) find the annual holding costs.c) find the annual ordering costs.d) what is the reorder point?
Answers: 2
question
Business, 22.06.2019 11:00
T-comm makes a variety of products. it is organized in two divisions, north and south. the managers for each division are paid, in part, based on the financial performance of their divisions. the south division normally sells to outside customers but, on occasion, also sells to the north division. when it does, corporate policy states that the price must be cost plus 20 percent to ensure a "fair" return to the selling division. south received an order from north for 300 units. south's planned output for the year had been 1,200 units before north's order. south's capacity is 1,500 units per year. the costs for producing those 1,200 units follow
Answers: 1
question
Business, 22.06.2019 14:20
For the year ended december 31, a company has revenues of $323,000 and expenses of $199,000. the company paid $52,400 in dividends during the year. the balance in the retained earnings account before closing is $87,000. which of the following entries would be used to close the dividends account?
Answers: 3
question
Business, 22.06.2019 16:30
Why are there so many types of diversion programs for juveniles
Answers: 2
You know the right answer?
Gerry plans to make four annual deposits of $4000 into an account that pays 5.2%. The first deposit...
Questions
question
Mathematics, 24.11.2020 14:10
question
Mathematics, 24.11.2020 14:10
question
Mathematics, 24.11.2020 14:10
question
Mathematics, 24.11.2020 14:10
Questions on the website: 13722360