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Jason Allen will deposit $26700 into an account today that earns 13% per year compounded annually. Using the following factors, what is the amount that
Jason Allen will deposit $26700 into an account today that earns 13% per year compounded annually. Using the following factors, what is the amount that will be in the account at the end of the 5 years? Periods 5 5 Type of Cash Flow PV of $1 FV of $1 PV ordinary annuity FV ordinary annuity PV annuity due Interest Rate 13% 13% 13% 13% 13% Factor 0.5428 1.8424 3.5172 6.4803 3.9744 5 5 5 O $28986 O $14493 O $49192 O $24596 Sheridan Corporation's Small Craft division reported a net operating loss of $2316000 in the most recent reporting period. The division absorbed common fixed corporate expenses of $2516000. The division's segment margin is O $(2516000). $4832000. O $200000. O $(2316000). Windsor's World Toy Shop is an on-line toy store specializing in hand-made stuffed animals. Windsor's World sold 4000 Donny the Dragon stuffed toys during April and 6000 during May. Shipping costs for the two months were $13200 and $18200 respectively. Using these two months' data, the shipping cost function is best estimated as O $0.50 x number of toys sold) + $11200. O ($3.30 number of toys sold) + $3140. O ($2.20 x number of toys sold) + $77200. O ($2.50 number of toys sold) + $3200
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