If you put $510 in a savings account at the beginning of each year for 30 years, how much money will be in the account at the end of the 30th year? Assume that the account earns 5%, and round to the nearest $100

Dent Corporation received a loan from Jardine Finance Company. As part of the signed written agreement, Jardine required that one of the members of the board of directors of Dent Corporation act as a surety for the entire loan. The loan agreement also called for some of Dent's real estate to be used as collateral for 50% of the loan. Which of the following is correct?

A. When the loan is due, Jardine must first seek collection of the loan from Dent before resorting to the surety or the collateral. B. Jardine may choose to proceed against the surety for the entire loan when the loan is due. C. When the loan is due, Jardine needs to exhaust the collateral before resorting to the surety or the debtor. D. Jardine may only resort to the collateral if neither the surety nor the debtor can repay the loan in full.

Impairment of an intangible asset occurs when the book value of an asset is less than the fair value

Indicate whether the statement is true or false