Suppose you want to have \( \$ 300,000 \) for retirement in 25 years. Your account earns \( 7 \% \) interest. Round your answers to the nearest cent. a) How much would you need to deposit in the account each month? b) How much interest will you earn?

- Prepare for a Quarterly Sales Budget for Company LFM. The required production of LFM Corporation in the first quarter is 350,000 units. The units increased by 10\% per quarter. The selling price per unit is Php 8.00.

Using examples, discuss the main users of financial statements?

Fantasy Suppliers anticipates annual sales of 60000 units at R40 per unit, a purchase price of R30 per unit, an ordering cost of R2 per order, and a carrying cost of 10 percent of the purchase price.

George invests R 800 at \( 10 \% \) p.a. simple interest. After 2 years the interest rate changes to \( 12 \% \) p.a. Determine the final amount which he will receive after 5 years.

Sharapova Wholesalers offers Umhlanga Traders credit terms of 30 days but the wholesaler will allow a discount of \( 2 \% \) if the account is settled in full within 12 days Use the information given above to determine the cost to Umhlanga Traders (as a percentage) of