Clear and Easy explanation needed!

SOULTION by EXCEL AND FINANCIAL CALCULATOR!

Show Hint Derek currently has $10,333.00 in an account that pays 4.00%. He will withdraw $5,935.00 every other year beginning next year until he has taken 4.00 withdrawals. He will deposit $10333.0 every other year beginning two years from today until he has made 4.0 deposits. How much will be in the account 29.00 years from today? Submit Answer format: Currency: Round to: 2 decimal places. 14 Derek can deposit $207.00 per month for the next 10 years into an account at Bank A. The first deposit will be made next month. Bank A pays 12.00% and compounds interest monthly. Derek can deposit $2,464.00 per year for the next 10 years into an account at Bank B. The first deposit will be made next year. Bank B compounds interest annually What rate must Bank B pay for Derek to have the same amount in both accounts after 10 years? Submit 14% mmnle 92434% % sian required. Category Prior year Current year 10 Accounts payable 41,400 45,000 Accounts receivable 115,200 122,400 Accruals 16,200 13,500 Additional paid in capital 200,000 216,660 Cash ??? ??? Common Stock @ par value 37,600 42,000 COGS 131,400 175,113.00 Depreciation expense 21,600 23,051.00 Interest expense 16,200 16,174.00 Inventories 111,600 115,200 Long-term debt 135,000 138,098.00 Net fixed assets 375,708.00 399,600 59,400 64,800 Notes payable 50,400 68,311.00 Operating expenses (excl. depr.) 122,400 136,800 Retained earnings Depreciation expense 21,600 23,051.00 Interest expense 16,200 16,174.00 Inventories 111,600 115,200 Long-term debt 135,000 138,098.00 Net fixed assets 375,708.00 399,600 Notes payable 59,400 64,800 Operating expenses (excl. depr.) 50,400 68,311.00 Retained earnings 122,400 136,800 Sales 255,600 339,450.00 Taxes 9,900 18,542.00 What is the firm's current year operating profit margin? Submit Answer format: Percentage Round to: 2 decimal places (Example: 9.24%, % sign requ accept decimal format rounded to 4 decimal places (ex: 0.0924) 35 Category Prior year Current year Accounts payable 41,400 45,000