Helen can earn 3% interest in her savings account. Her daughter Roberta is 11 years old today. Suppose Helen deposits $4000 today, and one year from today she deposits $1000. Each year she increases her deposit by $500 until she makes her last deposit on Roberta's 18th birthday. How much is on deposit after the 18th birthday, and what is the annual equivalent of her deposits?

Q: What is a flat-file system?

A: A flat file system is a system that stores all the data in a single directory.

Q: Which of the following can be used to link two tables together? Select one: a. Primary Key b.…

A: Foreign key is a column or group of columns in a relational database table that provides a link…

Q: Kindly explain Question 3 by breaking down the information step by step

A: Given: Particulars Pan Elixir Rebound Cheers Think local Last year dividend $2.50 $0.50 $1.00…

Q: Show how to insert formula in excel

A: Perpetuity: It is a stream of cash flow that is presumed to continue for an indefinite period.

Q: Student ID Day 63638034 Monday 23957096 Thursday 28080825 Monday Exam Score 61 70 1. How many…

A: =COUNTIF is used to count the cells satisfying the given criteria in the given range.

Q: can you hand write it instead of using excel

A: Here,Risk Free Rate is 3%Standard Deviation of Optimal Risky Portfolio is 20%Expected Return of…

Q: Please show working for Question 1 without using a spreadsheet

A: As per our guidelines, we are supposed to answer only 3 sub-parts (if there are multiple sub-parts…

Q: Please show solution in each number

A: As we follow Accrual basis of accounting we pass entries when the incomes…

Q: Why is a source document important? List some examples of source documents.

A: Source documents refers to the documents pertaining to a business transaction. It captures the key…

Q: Define the following term using 1 or 2 complete sentences (not just key words). Operating Leverage

A: Operating Leverage:                Operating leverage is an accounting metric that assists analysts…

Q: n you handwrite this or type it instead of using excel

A: According to the expectation theory short term interest rate should be in line with long term…

Q: can you please type out the equation

A: Solution:- When an equal amount is saved each period at end of period, it is called ordinary…

Q: Which "view" gives you the ability to drop and drag fields to create relationships between tables? O…

A: The "view" that typically allows you to drag and drop fields to create relationships between tables…

Q: what is an example of data flow diagram, fixed asses system?

A: A data flow diagram (DFD) refers to a graphical representation of a flow of any information or…

Q: could you please provide the solution for b and c without using excel?

A: concept. 1. changes in future price = future price of current month - future price of previous…

Q: What is the IRR?

A: IRR is the rate at which NPV of the Project is Zero. .

Q: Formulas are missing. which formulas did you use?  Please clarify

A: The formula used is that of Future value. Future value is based on time value of money concept.…

Q: Define and describe the use of following commands with proper syntax and examples: (8) a. PPMT &…

A: The PPMT and IPMT functions help us determine the amount of principal portion of period repayment of…

Q: After a receipt is uploaded into QBO, the user will need to ______ the data and ensure the receipt…

A: Quickbooks is very popular accounting software that is used for accounting and recording…

Q: Can you please write out the equations

A: Present value of annuity is the current value of the future payments that are calculated using the…

Q: What is meant by Authorized and issued captial?

A: Meaning of Authorised capital  stock:Authorised stock refers to the maxinum number of preferred…

Q: Bramble Corp. is a retailer operating in Calgary, Alberta, Bramble Corp. uses the perpetual…

A: Lets understand the basics.There are various methods followed for calculating cost of goods sold and…

Q: Fill out the missing column

A: Net revenue = Gross profit + Cost of goods sold = 511000+673400 = $1184400 Operating expense = Net…

Q: 1. Calculate the amounts to be reported on each employee's Wage and Tax Statement (Form W-2) for…

A:

Q: Explain how the E-R diagrams is used to prepare database tables. Also, include explanation of…

A: ER diagram stands for "Entity Relationship", which can be defined as a type of flowchart that is a…

Q: Select the letter of the item below that best matches the definitions that follow. a. Data Files CD…

A:

Q: What is a data dictionary, and what purpose does it serve?

A: Return on investment (ROI):   Return on investment evaluates how efficiently the assets are used in…

Q: Explain an example of source documents.

A: Source documents: The documents which contain evidence of accounting data to record the transactions…

Q: Describe the elements of an e-mail address.

A: Internet:   Internet is the means of communication which connects one smart device with any other…

Q: Show the solution in a handwritten format/way.

A: Working Note #1 Working Note #2   Working Note #3

Q: no entry is required, select "No Entry for the account titles and enter O for the amounts. Credit…

A: Perpetual inventory system is used for recording the transactions related to the purchase and sale…

Effective Interest Rate

The term interest rate can be defined as the amount that is charged by the lender as a percentage on the principal amount. Interest rate which is charged annually is known as annual percentage rate.