Each of the Independent Problems (Show Computations)

Short Answer

each of the independent problems (show computations):
A.Company A deposited $20,000 in a savings account on January 1, 2009, that will accumulate 6% interest each December 31.
1.What will be the fund balance as of December 31, 2013?
2.How much interest will be earned as of December 31, 2013?
B.Company B needs to accumulate a $50,000 fund by making five equal annual deposits.Assuming a 7% interest accumulation, how much must be deposited at the end of each year?
C.Company C has a new machine that has an estimated life of five years and a $5,000 residual value.Assuming an 8% interest rate, what is the present value of the estimated residual value?
D.Company D owes a $50,000 debt that is now due (January 1, 2011).Arrangements have been made to pay it off in five equal annual installments starting December 31, 2011 (an ordinary annuity situation).