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What is the future value of 24 periodic payments of $4,890 each made at the beginning of each period and compounded at 8%? Factors: FV

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What is the future value of 24 periodic payments of $4,890 each made at the beginning of each period and compounded at 8%? Factors: FV of ordinary annuity for n=24 and i=8% is 66.76476; PV of ordinary annuity for n=24 and i=8% is 10.52876. a. $326,480 O b. $51.486 c. $352,598 d. $55,604 Which statement is true about the perpetual inventory system? a. Purchases of inventory are debited to the "inventory" account. O b. Purchases of inventory are credited to the "inventory" account. O c. Purchases of inventory are debited to the "purchases" account. O d. Purchases of inventory are credited to the "purchases" account

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