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The statement of cash flows is divided into ?
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- It refers to annuity that doesn’t start until some time in the future. a Late Annuity b Regular Annuity c Deferred Annuity d Gradient AnnuityHow is a Compounding Period determined?You opened a savings yesterday by depositing $10,000. You would like to be able to withdraw $2,000 per year for each of the next 4 years of college and still have $3,000 left in the account when you graduate. What interest rate does this account need to earn? (HARD)
- jerry bought a house for $400,000 and made an $80,000 down payment. the rest of the cost was paid with a 30 year loan. payments were paid monthly. the nominal annual interest rate was 6% after 10 years he sold the house and paid the remainder of the loan balance. A- what was his monthly loan payment? B- what was the loan payoff amount?Josie wants to be able to celebrate her graduation from CSULA in 55 years. She found an annuity that is paying 2%. Her goal is to have $4,500.00. Assume the interest rate remains the same while the account is open. Round all answers to the nearest penny. How much should be deposited each week?Money deposited in a certain account for which the interest is compounded continuously. If the balance doubles in 6 years, what is the annual percentage rate?