A small business owner contributes $1,000 at the end of each quarter to a retirement account that earns 10% compounded quarterly.

(a) After how many quarterly payments, n, will this annuity account be worth at least $50,000? (Round your answer UP to the nearest quarter.) 17 quarters
(b) Now assume the owner has $50,000 in the same account continuing to earn interest. In addition, the business owner starts making contributions of $3,000 at the end of each quarter into another account with this same interest rate. What will the total value of both accounts be after 15 more years?

Wilson center is a private not-for-profit voluntary health and welfare entity. during 2017, it received unrestricted pledges of $638,000, 65 percent of which were payable in 2017, with the remainder payable in 2018 (for use in 2018). officials estimate that 14 percent of all pledges will be uncollectible. a. how much should wilson center report as contribution revenue for 2017? b. in addition, a local social worker, earning $20 per hour working for the state government, contributed 600 hours of time to wilson center at no charge. without these donated services, the organization would have hired an additional staff person. how should wilson center record the contributed service?

Your father offers you a choice of $120,000 in 11 years or $48,500 today. use appendix b as an approximate answer, but calculate your final answer using the formula and financial calculator methods. a-1. if money is discounted at 11 percent, what is the present value of the $120,000?

Given the following information about the closed economy of brittania, what is the level of investment spending and private savings, and what is the budget balance? assume there are no government transfers. gdp=$1180.00 million =$510.00 million =$380.00 million =$280.00 million