You are considering making an investment. The initial payment for the investment is $1000. In the second year, you will receive $3500, in the third year you will have to pay $2000, in the fourth year you will receive $6000, and in the fifth year you have to pay $6500. The rate of return is 5%. What is the present value of this investment

The following transactions occur for badger biking company during the month of june: a. provide services to customers on account for $32,000. b. receive cash of $24,000 from customers in (a) above. c. purchase bike equipment by signing a note with the bank for $17,000. d. pay utilities of $3,200 for the current month. analyze each transaction and indicate the amount of increases and decreases in the accounting equation. (decreases to account classifications should be entered as a negative.)