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Using the information for the Melville CA: At the beginning of the year you deposit...

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Accounting

Using the information for the Melville CA: At the beginning of the year you deposit $6,000 in a savings account. How much will the account be after 3 years if the interest rate is 5% per year? B: You will receive $5,000 three years from now. Using a 7% interest rate, what is the receivable valued at today? C: You just borrowed $25,000 to buy a car. The loan calls for 60 monthly payments (beginning at the end of the first month of the loan) at an annual interest rate of 8%. What is the monthly payment? If all 60 payments are made, what is the total amount of interest paid on the loan?orporation, calculate the cash flow from operating activities. Accounts payable increase $12,000 Accounts receivable increase 4,000 Accrued liabilities decrease 5,000 Amortization expense 7,000 Cash balance, January 1 22,000 Cash balance, December 31 23,000 Cash paid as dividends 31,000 Cash paid to purchase land 90,000 Cash paid to retire bonds payable at par 60,000 Cash received from issuance of common stock 37,000 Cash received from sale of equipment 19,000 Depreciation expense 29,000 Gain on sale of equipment 4,000 Inventory decrease 13,000 Net income 80,000 Prepaid expenses increase 2,000

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