please answer within the format by providing formula the detailed workingPlease provide answer in text (Without image)Please provide answer in text (Without image)Please provide answer in text (Without image) The following table shows the annual earnings of a graduate from The-School-That-Must-Not-Be-Named for a period where inflation is 9% each year.YearAnnual earnings2020575,000Decrease in 2021 and increase in 2022Decreased in both 2021 and 2022.Increase in 2021 and decrease in 20222021Using the year 2020 as the base year, compute for the real peso values in 2020 pesos of thatperson's earnings for 2021 and 2022, and determine whether his purchasing power from his salaryhas increased for 2021 and 2022 relative to the base year 2006.Increased in both 2021 and 2022625,7502022Cannot be determined from the given data.689,450

Inflation is the increase in prices of goods and services and value of purchasing power depends on…

The following table shows the annual earnings of a graduate from The-School-That-Must-Not Hamed for a period where inflation is 9% each year. Year Annual earnings 2020 575,000 2021 625,750 2022 689,450 Using the year 2020 as the base year, compute for the real peso values in 2020 pesos of that person's earnings for 2021 and 2022, and determine whether his purchasing power from his s

The following table shows the annual earnings of a graduate from The-School-That-Must-Not Hamed for a period where inflation is 9% each year. Year Annual earnings 2020 575,000 2021 625,750 2022 689,450 Using the year 2020 as the base year, compute for the real peso values in 2020 pesos of that person's earnings for 2021 and 2022, and determine whether his purchasing power from his s

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

ChapterA3: Time Value Of Money

Section: Chapter Questions

Problem 3CE

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please all parts Find the following accumulated values on December 31, 2020 a) $6000 invested on May 1, 2020 at 3.6% interest. b) $20,000 invested on January 1, 2018 if &t = 0.025 + 0.02t. (c) $15,000 invested at ireal=3.25% on January 1, 2020 if inflation in 2020 is 1.75% d) Payments of $5,000 made every December 31 from 2014 to 2020 at 5% interest.
On November 17, 2020 a sum of $42,200 was deposited into an account. What would be the future value of this sum of money on March 18, 2024, if the interest rate is 3.15% compounded semiannually. Round the value for FV to two decimal places. P/Y = C/Y = DBD = days I/Y = % PV = $ PMT = $ FV = $
Marigold Advertising was founded in January 2013. Presented below are adjusted and unadjusted trial balances as of December 31, 2020. Cash Accounts Receivable Supplies Prepaid Insurance Equipment Accumulated Depreciation-Equipment Accounts Payable Interest Payable Notes Payable Unearned Service Revenue Salaries and Wages Payable Common Stock MARIGOLD ADVERTISING TRIAL BALANCE DECEMBER 31, 2020 Unadjusted Retained Earnings Service Revenue Salaries and Wages Expense Insurance Expense Interest Expense Depreciation Expense Supplies Expense Rent Expense Dr. $18,810 22,900 8,710 3,730 63,430 11,720 370 4,500 $134,170 Cr. $30,670 14,467 -0- 4,700 6,590 -0- 10,580 3,750 63,413 $134,170 Dr. Adjusted $18,810 26,011 2,795 2,949 63,430 12,961 781 511 4,700 5,915 4,500 $143,363 Cr. $35,370 14,467 141 4,700 5,142 1,241 10,580 3,750 67,972 $143,363
What is the exact simple interest earned on P 35, 000 for the period from April 3, 2020 to October 14, 2020, if the interest rate is 18%?
Suppose this information is available for PepsiCo, Inc. for 2020, 2021, and 2022. (in millions) 2020 2021 2022 Beginning inventory $1,900 $2,200 $2,400 Ending inventory 2,200 2,400 2,500 Cost of goods sold 18,040 20,010 19,600 Sales revenue 41,000 42,300 42,240
For the case shown in the following table, determine the amount of the equal, end of year deposits necesssary to accumulate the given sum at the end of teh specified period, assuming the stated annual interest rate. Sum to be accumulated Accumulation Period (Years) Interest Rate $124,600 20 11%
Determine the combined present value as of December 31, 2016, of the following four payments to be received at the end of each of the designated years, assuming an annual interest rate of 8%. Payment Year Received $5,000 2017 6,000 2018 8,000 2020 9,000 2022
On May 1, 2021, Nees Manufacturing lends $10,000 to Roberson Supply using a 9% note due in 12 months. Nees has a December 31 year-end. Calculate the amount of interest revenue Nees will report in its 2021 and 2022 income statements. a. 2021 = $300; 2022 = $600.b. 2021 = $600; 2022 = $300.c. 2021 = $900; 2022 = $0.d. 2021 = $0; 2022 = $900.
Compute the amount of interest on $835 at 7.5% p.a. from October 8, 2019, to August 4, 2020.
An investor invests the following amounts of money in banks account R18850 on 1 September 2019,R15575on 31 May 2021 and R19465 ON 1 FEBRUARY 2023.From 1 October 2021 up to 30 April 2023 an amount of R980 invested at the start of every month. From 1 July 2020 up to 31 March 2022 an amount of RX is invested at the end of each quarter. On 1 January 2019 the total present value of all the investments is R75998,34.If the interest rate is 8,75% per year, Calculate the value of X?
1) If P175,000 is due on November 25,2019, find the proceeds on August 15, 2020, if the discount rate was 18 %? 2) If the discount rate is 17 2%, find the amount due on P90,500 at the end of one and a half years. 3) Find the discount rate if P10,000 is the present value of P10,500 which is due at the end of 4 months.
On July 1, 2020 Walker Inc. signed a $600,000, 15 month, 10% note payable. At due date, the principal and interest will be paid. Calculate the amount of interest expense that Walker Inc. should report on its income statement for the year ended December 31, 2021. (round to the nearest dollar)