Amar deposited \( \$ 400 \) iniban account with \( 2.9 \% \) interest, compounded semiannually. Assuming that ho witharawals are mode, how much will he have in the occount after 8 years? Do not round any intermediatecomparon, round nearest cent.

A car was valued at \( \$ 42,000 \) in the year 1991. The value depreciated to \( \$ 12,000 \) by the year 2004. A) What was the annual rate of change between 1991 and 2004 ? \( r= \) B) What is the correct answer to part A written in percentage form? \( r= \) C) Assume that the car value continues to drop by the same percentage. What will the value be in the year 2007? value \( =\$ 9000 \) Question Help: Video Submit Question Jump to Answer

• Used vehicle - means a vehicle that is not covered under the definition of new vehicle Proup Work-II. Choose the Best Answer from the Given Alternatives 1. Statement 1: All VAT-exempt taxpayers shall be subject to other percentage taxes. Statement 2: A taxpayer who is subject to percentage tax on his gross receipt will also be subject to income tax on his net income. B. Only statement 1 is correct C. Both statements are correct D. Both statements are incorrect

An amount of R 500 is invested at \( i \% \) per annum compound interest. After 6 years it has grown to \( \mathrm{R} 1126,10 \). Calculate the value of \( i \), round off to a whole number and give your answer as a percentage.

QUESTION 8 A new cell phone was purchased for R 7 200. Determine the value of the cell-phone after 3 years if it depreciates at \( 25 \% \) per annum on Reducing Balance scale. \( A=P(1-i)^{n} \)

E5-32B. (Learning Objective 5: Apply GAAP for uncollectible receivables) At December 31, 2024, Concord Travel Agency has an Accounts Receivable balance of \( \$ 87,000 \). Its net accounts receivable is \( \$ 86,120 \) before the year-end adjustment. Service revenue (all on account) for 2024 was \( \$ 800,000 \). Concord estimates that its bad debt expense for the year is \( 3 \% \) of service revenue. Requirêments 1. Calculate Concord's bad debt expense for 2024 . 2. How are Concord's balance sheet and income statement impacted by the adjustment to recognize bad debt expense for the year? 3. Calculate the net realizable value of accounts receivable as of December 31,2024 .