18.Use the following to answer 19 - 20:You are going to receive a $16,000 scholarship at the end of 3 yearsfor graduate school.19. SHow much must the scholarship fund invest today soit has the money to pay you in 3 years if it can carn 9% compoundedsemi-annually (round to nearest dollar)?20. SHow much must the scholarship fund invest today soit has the money to pay you in 3 years if it can earn 9% compoundedquarterly (round to nearest dollar)?Use the following to answer questions 21-25The company reports the following amounts in its year-end incomestatement:Which of the above is your best investing option?Net salesAdvertising expenseUtilities expenseEffective income tax rate21. S22.23.24.25.SS5910,000 Cost of goods sold 5440,00095,000 Sales discounts15,000180,00016,000decimal place).place).Chapter TVM15.000 Salaries expense18% Interest expenseDetermine gross profitDetermine operating expensesDetermine Income tax expense% Calculate the gross profit ratio (round to one% Calculate the profit margin (round to one decimalPage TVM-I

"As per the Q&A guidelines, if multiple questions are asked at once then the answer for the…

Answered: Use the following to answer 19-20: You…

Financial Accounting Intro Concepts Meth/Uses

14th Edition

ISBN:9781285595047

Author:Weil

Publisher:Weil

ChapterA: Appendix - Time Value Of Cash Flows: Compound Interest Concepts And Applications

Section: Chapter Questions

Problem 23E

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Listen The Chan family would like to establish a bursary at Camosun College. The bursary will pay $2,000 to a deserving finance student each year. Assuming that the payments will never end and that the funds can earn j1=3.5%, how much will it take to establish the bursary? Assume that the payments are at the end of each year. Your Answer:
am. 122.
You want to endow a scholarship that will pay $ 8 comma 000$8,000 per year forever, starting one year from now. If the school's endowment discount rate is 4 %4%, what amount must you donate to endow the scholarship? How would your answer change if you endow it now, but it makes the first award to a student 10 years from today?
You want to endow a scholarship that will pay $9,000 per year forever, starting one year from now. If the school's endowment discount rate is 10%, what amount must you donate to endow the scholarship? The amount you must donate is $ View an example Get more help - .... (Round to the nearest cent.) Clear all
NEED ASAP
4. Suppose you make an annual contribution of BD300 each year to a college education fund for a niece. She is 4 years old now, and you will start next year and make the last deposit when she is 18. The fund is a money market account earning 6.5%/year. What will it be worth immediately after the last deposit? You may also set up spreadsheet solution AGE Beginning Balance Ending Balance Deposit Interest
You wish to establish a permanent scholarship at Bond University providing a worthy student with $1000 annually. If invested monies generate an 8% return, how much is needed in the scholarship fund?
You want to endow a scholarship now that will pay $7,000 per year forever, starting the first award 10 years from now. If the school's endowment discount rate is 6%, what amount must you donate today to endow the scholarship? The amount you must donate today to endow the scholarship is $ (Round to the nearest cent.)
You would like to establish a trust fund that would provide annual scholarships of $100,000 today and then grow at 2.0% forever (i.e. at time 1 there will be a $102,000 scholarship award). How much would you have to deposit today in one lump sum to achieve this goal if you can earn a guaranteed 7.0 percent rate of return? 2,140,000 2,355,556 1,945,455 2,650,000
You've decided to leave a scholarship to Calu's business program in the amount of $3,000 annually. If you can earn 6% on your money annually and inflation is 2%, how much do you need to set aside to ensure the program never runs out of money?
You want to endow a scholarship that will pay $11,000-per year forever, starting one year from now. If the school's endowment discount rate is 9%, what amount must you donate to endow the scholarship? The amount you must donate is $_______. (Round to the nearest cent.)
You want to create an endowment income of $35,000 per year for Oxtordshire Charity, but the Tirst payment will not be made until the 4th year's time. a. If you can earn a return of 8% APR on your investment, and if the payment is made on a monthly basis, calculate how much to invest now? $5,133,086.81 B. $4,133,086.81 $5,233,086.81 $4,233,086.81 $5,250,000.81

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