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ASAP for both Today. King deposited $500,000 in an investment account that is expected to return 8%, compounded semiannually. What amount is expected to be
ASAP for both
Today. King deposited $500,000 in an investment account that is expected to return 8%, compounded semiannually. What amount is expected to be in the account in four years? Note: Use tables, Excel, or a financial calculator. Round your final answer to the nearest whole dollat. (EV of S1, PV of S1, EVA , of S3, and EVA of S7). Multiple Choice $680,245 $668,352 $684,285 3687.129 Chez Fred Bakery estimates the allowance for uncollectible accounts at 2% of the ending balance of accounts receivable. During 2024, Chez Freds credit sales and collections were $123,000 and $139,000, respectively. What was the balance of accounts recelvable on January 1,2024 , if $130 in accounts recelvable were written off during 2024 and if the allowance account had a balance of $840 on December 31,2024 ? Multiple Choice $39,000 $450 558,130 None of these answer chaices are correct Step by Step Solution
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