May you please help me with this, thank you John Smith...
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Accounting
May you please help me with this, thank you
John Smith wants to retire in 15 years. He anticipates he will need $2,000,000 to retire. John has an account that currently pays 5% compounded annually. If John has $750,000 in his account today how much additional money must he deposit in the account today to have $2,000,000 when he retires (use the appropriate factor table(s) to answer the question and round the the nearest dollar). $962,000 $212.040 $1,250,000 $601,250 None of the above. Question 24 4 pts Hunter Corporation had accounts receivable of $200,000 at the beginning the year and $160,000 at the end of the year and accounts payable at the beginning of the year of $100,000 and $90,000 at the end of the year. If the total cash collected from customers was $850,000, what was total sales revenue for the period? Answer: \$

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