Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 12, 2024

in sinking fund method, how do you get the 30.32428304? thanks! C0=P2,858,000+P55,500=P2,913,500 CL=P2,913,500[0.08]=P233,080 d=(F/A,8%,5C0CL) =(30.32428304P2,913,500P233,080)

in sinking fund method, how do you get the 30.32428304? thanks!

C0=P2,858,000+P55,500=P2,913,500 CL=P2,913,500[0.08]=P233,080 d=(F/A,8%,5C0CL) =(30.32428304P2,913,500P233,080)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Literacy And Money Script A Caribbean Perspective

Authors: Christine Sahadeo

1st Edition

3319770748, 978-3319770741

More Books

Students also viewed these Finance questions

Question

★★★★★

The empirical rule indicates that we can expect to find what proportion of the sample included between the following: a. s and T + s b. T 2s and 2s c. x-3s and x + 3s

Answered: 1 week ago

Question

★★★★★

Local Bank Merger: Is the Acquiring Entity Better Off? The merger between CIMB (previously known as Bumiputera Bank Berhad) and Southern Bank Berhad (SBB). CIMB Group and Southern Bank, being the...

Answered: 1 week ago

Question

★★★★★

3. Does the entertainment industry seem like a stable option for aspiring entrepreneurs to pursue?

Answered: 1 week ago

Question

★★★★★

At December 31, 2018, Landy Products has cash of $24,000, receivables of $18,000, and inventory of $80,000. The companys equipment totals $182,000. Landy owes accounts payable of $22,000 and...

Answered: 1 week ago

Question

★★★★★

in sinking fund method, how do you get the 30.32428304? thanks! C0=P2,858,000+P55,500=P2,913,500 CL=P2,913,500[0.08]=P233,080 d=(F/A,8%,5C0CL) =(30.32428304P2,913,500P233,080)

Answered: 1 week ago

Question

★★★★★

Logistics Solutions provides order fuifiliment services for dot com merchants. The company maintains warehouses that stock items carried by its dot com clients. When a client recerves an order from a...

Answered: 1 week ago

Question

★★★★★

Two Registered Nurses (RNs) are available to triage and enter any pre-existing medical conditions that must be noted for vaccination. The first RN is using a faster laptop and completes screening in...

Answered: 1 week ago

Question

★★★★★

Fresh Bites manufactures Caesar salads. In January, the company initially budgeted to purchase and use 20,000 kilograms of lettuce at $1.18 per kilogram, with a budgeted A output of 70,000 salads....

Answered: 1 week ago

Question

★★★★★

Basic exception handling is required. It's your responsibility to ensure that any thrown exceptions are handled gracefully and do not crash the program. Any program you write should be thoroughly...

Answered: 1 week ago

Question

★★★★★

Oil at 24 gpm and 1200 psi enters the low-pressure inlet of a 4:1 Racine pressure intensifier. Find the discharge flow rate and pressure. Problem 5 Oil at 155F and 2250 psi is flowing through a...

Answered: 1 week ago

Question

★★★★★

What causes noise: Environment and people; body language; language (generations, style, slang); Regional, National, International; gender; access to information (myopic); levels of experience; number...

Answered: 1 week ago

Question

★★★★★

Read the article summarised in focus on research 11.7 and suggest other HRM actions that the organisation could have taken after the strike to meet the employees aims.

Answered: 1 week ago

Question

★★★★★

Role- play the situation of an interview with an employee coming back to work in an engineering environment after an extended period of absence through having a bad back.

Answered: 1 week ago

Question

★★★★★

What types of specific skills (such as knowledge of financial accounting methods) do you think HR professionals will need to have the business, professional-technical, change management, and...

Answered: 1 week ago

Previous Question Next Question