Funds are deposited in a savings account at an interest rate of 8% per annum. if the interest is compounded semi-annually, what is most nearly the initial amount that must be deposited to yield a total of $10,000 in 1?

Initial amount will be $9238.454

Explanation:

We have given amount after 1 year A = $10000

Rate of interest r = 8%

Time t = 1 year

Interest is compounded quarterly

So time period = 4

And rate of interest %

We have to find the initial amount P

Final amount is given by

P = $9238.454

both are integral parts of a corporate balance sheet. the cash flow statement, or statement of cash flows, measures the sources of a company's cash and its uses of cash over a specific time period. the income statement measures a company's financial performance, such as revenues, expenses, profits or losses over a specific time period (in fact, it's sometimes called a statement of financial performance).

a cash flow statement shows exactly how much money a company has received and how much it has spent, traditionally over a period of one month. it captures the current operating results and changes on the balance sheet, such as increases or decreases in accounts receivable or accounts payable, and does not include noncash accounting items such as depreciation and amortization. the cash flow generally comes from revenue received as a result of business activity, but it may be augmented by funds available as a result of credit. a cash flow statement is used to determine the short-term viability and liquidity of a company, specifically how well it is positioned to pay its bills and vendors.