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If you deposit $2,000 into an account at the end of each of the next 40 years, at 4.5% interest, how much will you have
If you deposit $2,000 into an account at the end of each of the next 40 years, at 4.5% interest, how much will you have in the account, to the nearest $1,000, in 40 years? $184,000 O $214,000 0 $63,000 $122,000 $196,000 Your company had net sales of $100,000 over the past year. One quarter of the sales were credit sales. During that time, average receivables were $5,000. The accounts receivable balance at the end of the year was $5,000. What was the average collection period? What is the average age of receivables (same answer!)? (Assume a 360-day year) O 18 days o 27 days 0 36 days O 72 days o 60 days
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