Accounting Essay

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6-3
What is the future value of $7,540 at the end of 7 periods at 8% compounded interest?
What is the present value of $7,540 due 9 periods hence, discounted at 11%?
What is the future value of 15 periodic payments of $7,540 each made at the end of each period and compounded at 10%?
What is the present value of $7,540 to be received at the end of each of 18 periods, discounted at 5% compound interest?
6-6
Dwayne Wade Company recently signed a lease for a new office building, for a lease period of 12 years. Under the lease agreement, a security deposit of $14,840 is made, with the deposit to be returned at the expiration of the lease, with interest compounded at 10% per year. What amount will the company receive at the time the lease …show more content…
Fishbone Corporation purchased a special tractor on December 31, 2014. The purchase agreement stipulated that Fishbone should pay $22,660 at the time of purchase and $6,030 at the end of each of the next 11 years. The tractor should be recorded on December 31, 2014, at what amount, assuming an appropriate interest rate of 12%?
Fishbone Corporation wants to withdraw $130,400 (including principal) from an investment fund at the end of each year for 9 years. What should be the required initial investment at the beginning of the first year if the fund earns 11%?

Internet problem 3-1:
Visit the SEC’s websites and review the following information under the link to “description of forms” to find the definition for these forms:

Form 8-K:

Form 8-K - This is the form that must be filed whenever a registrant encounters a significant event (e.g., a change in control of ownership, disposition or acquisition of a significant amount of assets, filing for bankruptcy, change in independent auditors).

Form 10-K:

Form 10-K - This is the annual report that most reporting companies file with the Commission. It provides a comprehensive overview of the registrant's business. The report must be filed within 90 days after the end of the company's fiscal year. The Securities Exchange Act of 1934 requires this form.
Form 10-Q:
The federal securities laws require publicly traded companies to disclose information on an ongoing basis. For example,
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