Jacob has a debit balance on his suspense account of \( \$ 3,720 \). The following errors are subsequently found: (1) Opening inventory of \( \$ 1,980 \) is omitted from the trial balance (2) Bank overdraft of \( \$ 630 \) has been included in the trial balance as a positive cash balance (3) Receivables have been understated by \( \$ 3,000 \) After adjusting for these errors what is the remaining balance on the suspense account? \( \$ 3,960 \mathrm{Dr} \) Nil \( \$ 630 \mathrm{Cr} \) \( \mathrm{S} 6,000 \mathrm{Dr} \)

Find the effective yield of an investment that earns \( 5.25 \% \) compounded quarterly. round to the nearest hundredth of a percent

Michelle invests in a savings account that pays \( 8 \% \) interest compounded monthly. What is the APY for this account? \( \square \) Round to the nearest \( 0.00 \% \)

How much money must you invest now at \( 4.6 \% \) interest compounded continuously in order to have \( \$ 10,000 \) at the end of 6 years?

21.- Un fabricante vende un producto a \( \$ 5,00 \) por unidad, vendiendo todo lo que produce, el costo fijo es \( \$ 3.000 \) y el variable por unidad es de \( 15 / 4 \) de q. La producción y el ingreso total en el punto de equilibrio es: a. 200 unidades y \( \$ 1.000 \) b. Ninguna es correcta (demostrar) I. c. 2.400 unidades y \( \$ 12.000 \) d. 500 unidades y \( \$ 2.000 \)

Find the time required for an investment of 3,000 dollars to grow to 12,000 dollars at an interest rate of \( 7 \% \) per year, compounded monthly. Give your answer accurate to 2 decimal places. \( \square \) years.