If you made a $ 59,000 deposit in each bank, how much more money would you earn from your Second City Bank account at the end of 9 years?( Do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.)
12299.09
6. What is the future value of $ 3,136 invested for 12 years at 6.50 percent compounded annually?
7. What is the present value of $ 12,750 to be received 3 years from today if the discount rate is 5.50 percent? use this website: http:// www. moneychimp. com / calculator / present _ value _ calculator. htm
8. Six months ago, you purchased 1,200 shares of ABC stock for $ 21.20 a share and have received total dividend payments of $. 60 a share. Today, you sold all of your shares for $ 22.20 a share. What is your total dollar return on this investment?
9. Six months ago, you purchased 100 shares of stock in ABC Co. at a price of $ 43.89 a share. ABC stock pays a quarterly dividend of $. 10 a share. Today, you sold all of your shares for $ 45.13 per share. What is the total amount of your capital gains on this investment?
10. Which one of these accounts is classified as a current asset on the balance sheet?
11. Shelton, Inc., has sales of $ 395,000, costs of $ 183,000, depreciation expense of $ 48,000, interest expense of $ 29,000, and a tax rate of 40 percent.( Do not round intermediate calculations.)
What is the net income for the firm?
12. On a balance sheet, deferred taxes are classified as:
13. Which one of these equations is an accurate expression of the balance sheet?