# Question & Answer: Kath Secure https//www.mathxl.com/Student aspx homeworkld 434674934iquestionld 28flushed-false&icld 45447…..

Kath Secure https//www.mathxl.com/Student aspx homeworkld 434674934iquestionld 28flushed-false&icld 4544763icento ACC 214S Intermediate Accounting 1 Fall 17 Homework: Chapter 7 Homework Score: 0 of 10 pts P7-10 (book/static) 5016(4 complete) ▼ Carfiy Barbers wantsto have\$20 000in 10 yearstobu da second barbershop 10 years f on today Commencing two years from today Carfly will make eight annual deposits of \$18,000 each year The company can invest in a financial instrument earning 9% compounded annually (Cick the l too of \$1 table) Click the icon to view the Future Value of an Ordinary Annuity table) Read the requement (Use the present value and future value tables, the formula method, a inancial w the Future Value or a spreadsheet for your calculations i using present and future value tables or the form ula five decimal places, X.X00CX Round your final answers to the (Cick the i of an Annuity Due table.) method, use factor amounts rounded to nearest cent SX.XX.) f a. Will Carfly have sufficient funds to pay for the \$200,000 barbershop at the end of the 10-year period the deposits are made at the □Carey will have \$ [ at the end ofthe 10-year period