This topic contains a solution. Click here to go to the answer

Author Question: William Weston received 25,00 . as manager of an apartment building, 50,00 . as beneficiary of his ... (Read 113 times)

maychende

  • Hero Member
  • *****
  • Posts: 556
William Weston received 25,00 . as manager of an apartment building, 50,00 . as beneficiary of his late wife's insurance policy, 5,400 in interest on tax-exempt state bonds, and a gift of 900 . Compute William's gross income.

Question 2

625 is invested each month for 2 years. Compute the future value if interest is 9 compounded monthly. Use Tables 23-1A and 23-1B or a calculator.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

dawsa925

  • Sr. Member
  • ****
  • Posts: 326
Answer to Question 1

81,300

Answer to Question 2

625  26.18847 = 16,367.79 future value




maychende

  • Member
  • Posts: 556
Reply 2 on: Jun 24, 2018
Thanks for the timely response, appreciate it


rachel

  • Member
  • Posts: 323
Reply 3 on: Yesterday
Excellent

 

Did you know?

About 80% of major fungal systemic infections are due to Candida albicans. Another form, Candida peritonitis, occurs most often in postoperative patients. A rare disease, Candida meningitis, may follow leukemia, kidney transplant, other immunosuppressed factors, or when suffering from Candida septicemia.

Did you know?

Acute bronchitis is an inflammation of the breathing tubes (bronchi), which causes increased mucus production and other changes. It is usually caused by bacteria or viruses, can be serious in people who have pulmonary or cardiac diseases, and can lead to pneumonia.

Did you know?

As many as 20% of Americans have been infected by the fungus known as Histoplasmosis. While most people are asymptomatic or only have slight symptoms, infection can progress to a rapid and potentially fatal superinfection.

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

Did you know?

Recent studies have shown that the number of medication errors increases in relation to the number of orders that are verified per pharmacist, per work shift.

For a complete list of videos, visit our video library