Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. you received says 572,555h in the account as of to

you received says 572,555h in the account as of today. A. What real interest rate...

80.2K

Verified Solution

Question

Accounting

image
you received says 572,555h in the account as of today. A. What real interest rate did the account eqpetience? B. How much money was deposited 28 yeas ago? C. How much is in the account in terms of the purchasing power of 28 years ago? As your answer, submit the value you get from (BC)A For example, if you found A=2.43k,0=4,613, and C=9,356, your answer should be (46139356)2.43=11,525,49 Nore: You may need the flP of Ply formulas for this probilem. Type vour antwer- you received says 572,555h in the account as of today. A. What real interest rate did the account eqpetience? B. How much money was deposited 28 yeas ago? C. How much is in the account in terms of the purchasing power of 28 years ago? As your answer, submit the value you get from (BC)A For example, if you found A=2.43k,0=4,613, and C=9,356, your answer should be (46139356)2.43=11,525,49 Nore: You may need the flP of Ply formulas for this probilem. Type vour antwer

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Accounting
1.2K views

PLEASE USE THE CHARTS I PROVIDED!Equipment acquired on January 6 at a cost of...

Psychology
1.2K views

What does Howard Gardner’s theory of multiple intelligences imply about how we might better teach and...

Biology
1.2K views

Neurons can potentially live and function optimally for 100 years or more True False

Basic Math
1.2K views

J F nds where F x y i y z j xy y k Use...

Basic Math
1.2K views

A 20% acid solution is mixed with a 70% acid solution to get 50 liters...

Basic Math
1.2K views

How many different committees can be formed from 9 teachers and 46 students if the...

Accounting
1.2K views

Use Apple's financial statements in...

Accounting
1.2K views

You have just been hired as a new management trainee by Earrings Unlimited, a distributor...

Accounting
1.2K views

Please read Case Study 2-63 on page 2-43 of the textbook. As Sue's tax professional...

Accounting
1.2K views

Gray Corp sold a piece of equipment for $1,800,000 that had a book value of...

Accounting
1.2K views

Alpaca Corporation had revenues of 20,000 in its first year of operations. The company had...

Accounting
1.2K views

Purchased used heavy-duty dump truck with plow for snow plowing from PP Equipment for $20,000,...