This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The New York Soccer Association would like to accumulate 10,000 by the end of 4 years from now to ... (Read 79 times)

Pea0909berry

  • Hero Member
  • *****
  • Posts: 573
on: Jul 10, 2018
The New York Soccer Association would like to accumulate 10,000 by the end of 4 years from now to finance a big soccer weekend for its members.
 
  The Association currently has 2,500 and wishes to raise the balance by arranging annual fund-raising events. How much money should they raise at each annual fund-raising event assuming 8 percent rate of interest?

Question 2

The Sarbanes-Oxley Act of 2002 resulted in ________.
 
  A) tightened audit regulations and controls
  B) toughened penalties against overcompensated executives
  C) lenient penalties against executives who commit corporate fraud
  D) delayed disclosure of stock sales by corporate executives


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Tonyam972

  • Sr. Member
  • ****
  • Posts: 342
Reply #1 on: Jul 10, 2018
Answer to Question 1

Using Financial Calculator: PV= -2500, FV=10000, N=4, I=8, CPT PMT: 1464.41

Answer to Question 2

A


Pea0909berry

  • Member
  • Posts: 573
Reply 2 on: Jul 10, 2018
YES! Correct, THANKS for helping me on my review

connor417

  • Member
  • Posts: 329
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Bisphosphonates were first developed in the nineteenth century. They were first investigated for use in disorders of bone metabolism in the 1960s. They are now used clinically for the treatment of osteoporosis, Paget's disease, bone metastasis, multiple myeloma, and other conditions that feature bone fragility.

Did you know?

Drug-induced pharmacodynamic effects manifested in older adults include drug-induced renal toxicity, which can be a major factor when these adults are experiencing other kidney problems.

Did you know?

Many people have small pouches in their colons that bulge outward through weak spots. Each pouch is called a diverticulum. About 10% of Americans older than age 40 years have diverticulosis, which, when the pouches become infected or inflamed, is called diverticulitis. The main cause of diverticular disease is a low-fiber diet.

Did you know?

The Romans did not use numerals to indicate fractions but instead used words to indicate parts of a whole.

Did you know?

About 3.2 billion people, nearly half the world population, are at risk for malaria. In 2015, there are about 214 million malaria cases and an estimated 438,000 malaria deaths.

Defying thousands of years of conventional wisdom, scientists are reporting that it is possible for Defying thousands of years of conventional wisdom, scientists are reporting that it is possible for
A Golden Retriever at 12 years old A Golden Retriever at 12 years old
A levallois core from Kapedo Tuffs, Kenya dates about 130,000 years ago. A levallois core from Kapedo Tuffs, Kenya dates about 130,000 years ago.
Results from sequential study of two cohorts tested at three ages and at three different points in t Results from sequential study of two cohorts tested at three ages and at three different points in t
Parenting Tips for Teen Years Parenting Tips for Teen Years
Review Cognitive Changes over the Adult Years Review Cognitive Changes over the Adult Years
Video: How to make cDNA Animation

For a complete list of videos, visit our video library