Chapter 09 Homework 2

Chapter 09 Homework 2 - c) $10,401.63 2) a) $10,208.75 b)...

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Professor Smith ACCT151 13 November 2008 Chapter 9 Homework 2 E12,E15,E17,E21,P11 E12) Note Simple Annual Compound Semi Annual Compound 1 $24,800.00 $25,306.38 $25,364.84 2 $24,800.00 $25,249.54 $25,335.40 3 $24,800.00 $25,194.24 $25,306.38 E15) 1) a) $10,285.30 b) $10,361.71
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Unformatted text preview: c) $10,401.63 2) a) $10,208.75 b) $10,133.46 c) $10,094.57 E17) $40,048.00 E21) 1) $53,300 / $13,000 = 4.1 on 5 years = 7% 2) 15.026*$13,300.00 = $199,845.80 no P11) 1) $57,477.15 2) 7% 3) $8752.36 4) 10 years...
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