FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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please abswer both the questions within 30 minutes.
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- Posting third time... Please do it correctly. Thank youarrow_forwardMar. 9) The company completed a $10,400 project for a client, who must pay within 30 days. Note: Enter debits before credits. Date Account Title Debit Credit Mar 09arrow_forwardPlease see below. Need this asap please and thank you.arrow_forward
- B. Begin again. On August 4, the balance on your card is $1000. Now, see what happens when you make a payment of $900 on September 2. Fill in the chart below. Days at Balance a. Effective Date C. What is the ADB? Activity b. Find the interest you will owe for the billing period, assuming her interest rate is 24.99%. Balance What will be the total balance on September 4? II. Now, based on your findings above, is it better to may a payment at the beginning or end of the billing period? Explain, don't just say beginning or end. 4arrow_forwardComplete each requirement on a separate worksheet. Each requirement must have a user input section. Makeup and enter your own numbers for the user inputs for each requirement. Requirements: 1. Create a user input section for the user to input the annual effective interest rate and number of periods per year. Calculate the annual nominal interest rate. 2. The user can invest money at the end of each year. Create a user input section for the user to input the amount that they will invest at the end of each year. Using an annual interest rate of 9%, how much will the user have at the end of 7 years? 3. The user wants to save money to buy a new car 10 years from today. The new car will cost $125,000. Create a user input section for the user to input the amount that they can invest at the beginning of each year. What annual interest rate will they need to earn to have enough cash to buy the car 10 years from today? 4. The user wants to save $60,000.00 for a once in a lifetime…arrow_forwardPlease help me. Thankyou.arrow_forward
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