In: Finance

Amount worth at the end of 3 years= $728.65 Calculations as below. ## Related Solutions ##### True or False? 16 Year-end #1: Sales 200 with Cash 100 = + long-term debt 100... True or False? 16 Year-end #1: Sales 200 with Cash 100 = + long-term debt 100 + capital stock 100 + opening retained earnings 0 + net income 50 + accounts payable 100 – accounts receivable 100 – inventory 50 - fixed assets 100. Year-end #2: Sales 400 with Cash 100 = + long-term debt 200 + capital stock 100 + opening retained earnings 50 + net income 50 + accounts payable 200 – accounts receivable 100 – inventory 100... ##### 1. What is the future value at the end of year 18 of$10,000deposited today...
1. What is the future value at the end of year 18 of $10,000 deposited today into an account that pays interest of 4.5% p.a., but with daily compounding (assume 365 days per year)? 2. Ellie is evaluating an investment that will provide the following returns at the end of each of the following years: year 1,$11,500; year 2, $10,000; year 3,$7,500; year 4, $5,000; year 5,$2,500; year 6, $0; and year 7,$12,500. Ellie believes that...