Time Value of Money : Interest Rate, Amount paid to retire debt, monthly interest rate

1. What interest rate would allow you to accumulate $10,000 in 8 years if you saved $60 per month and earned compounded interest monthly? 2. What amount of money should you pay each month to retire a $12,000 debt in five years if the interest rate on money owed is 10%? 3. If the equivalent annual interest rate is 15% what is the monthly rate that would be compounded to achieve this?

Several Accounting Problems

Question 1 Which of the following is shown on both a multiple-step and a single-step income statement? a. Gross profit. b. Net sales. c. Income from operations. d. Other expenses and losses. e. None of the above Save answer Question 2 The records for Uptown Pet Shop showed the following:Sales $225,000 Beginning merchandise inventory $ 30,000 Purchases 135,000 Cost of goods sold 150,000 What was the ending merchandise inventory? a. $120,000 b. $ 75,000 c. $ 45,000 d. $ 15,000 e. None of the above Question 3 Under a perpetual inventory system merchandise is purchased for cash. Which is the correct ... click for more

Please help me with an amortizing Loan- Loan amortization schedule

Consider a 4-year amortizing loan. You borrow $10,000 initially, and repay it in four equal annual year-end payments. a. Fill in the following Loan amortization schedule b. Why does the amount of interest decline as the loan ages?

Pegged currencies and the Asia crisis - how do they relate?

I want to present this topic within 10 min. on a power point presentation (maximum 7 slides) and please do a page with key points. Ideas and suggestions please?

NPV and IRR for Mutually Exclusive Projects

a. Calculate the NPV and IRR for each project. The company's WACC is 10%. b. Assume only one percent can be undertakeen. Which project would you recommend and why would you?