please all parts  Find the following accumulated values on December 31, 2020 a) $6000 invested on May 1, 2020 at 3.6% interest. b) $20,000 invested on January 1, 2018 if &t = 0.025 + 0.02t. (c) $15,000 invested at ireal=3.25% on January 1, 2020 if inflation in 2020 is 1.75% d) Payments of $5,000 made every December 31 from 2014 to 2020 at 5% interest.

Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
ChapterM: Time Value Of Money Module
Section: Chapter Questions
Problem 5MC: On May 1, 2019, a company purchased a new machine that it does not have to pay for until May 1,...
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Find the following accumulated values on December 31, 2020

a) $6000 invested on May 1, 2020 at 3.6% interest.

b) $20,000 invested on January 1, 2018 if &t = 0.025 + 0.02t.

(c) $15,000 invested at ireal=3.25% on January 1, 2020 if inflation in 2020 is 1.75%

d) Payments of $5,000 made every December 31 from 2014 to 2020 at 5% interest.

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