2 pts Your bank pays 3% per year with annual compounding. You plan to deposit...
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Accounting
2 pts Your bank pays 3% per year with annual compounding. You plan to deposit $4.000 every year into the account starting TODAY and continuing for the next nine years. How much will you have at the END of year 9? (Round your answer to the nearest dollar.) $41,856 $40,636 O $36.000 O $36,900 Question 52 2 pts What will be a firm's equity multiplier given a debt ratio of .45? Round your answer to two decimal places. (Hint, use the accounting identity and use proportions.) O 1.82 O 2.22 O 1.45 O 1.28
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