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D) common stock 11. Choose the following that appears on the asset side of a balance sheet A) depreciation B) accounts payable (AP) C) inventory

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D) common stock 11. Choose the following that appears on the asset side of a balance sheet A) depreciation B) accounts payable (AP) C) inventory D) notes payable 12. Firm A invested 56,200 in an account is interest rate is 5%. By the end of the 10 year, the value would be? A) 58,720 B) 59,050 C) 59,330 D) 59.658 E) S10,099 13. The car's present price $82.500. You expect the price to increase by 4.8% / year for the next 4 years. Four years later, the price of the car ? A) 598,342.37 B) 598,609.64 C) 599.517.41 D) $99.808.68 E) S100.103.43 14. Your grandpa invested some money 26 years ago @ 4.25% of interest. Today, the account value $51,480.79. What is the amount that was invested 26 years ago? A) $15.929.67 B) S16,512.83 C) $17,444.86 D) $17,503.06 E) $17,991.15 15. A trip will cost you $10,000 three years from now. You have deposited $5,000 @ 6% interest annually. Your aunt will pay for the rest. Your aunt's account offers 10% of interest. How much shall your aunt deposit now, so that you can make the trip happen? A) SS, 703 B) $3,651 C) $3,039D ) $3,347

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