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__________ is considered a variable operating expense of an automobile.?

__________ is considered a variable operating expense of an automobile. A. Maintenance B. Depreciation C. Interest on auto loan D. Insurance     Most...

On Banking 2

Find the amount of the balance forward that would result following these transactions: a. Starting balance: \$1,432.54 b. October 4; check #914; to Cook Security Systems; amount of \$93.27 c...

Find the savings plan balance after 15 months with an APR of 11% and monthly payments of \$250

Find the savings plan balance after 15 months with an APR of 11% and monthly payments of \$250.

Can you help with an Investment class (FINC 3231) question?

I am taking my last class for college graduation and am in need of help with this homework problem. I have done the first paragraph but I am baffled by the second paragraph. Please help if you can...

Answer can be short and vague

Now that you have a full time job you are ready to start investing for retirement. Your corporation will match 50 cents of each dollar that you put in your 401K account up to the first \$7,000. You...

npv and irr

An electric utility is considering a new power plant in northern Arizona. Power from the plant would be sold in the Phoenix area, where it is badly needed. Because the firm has received a permit,...

Discounted payback

Project K costs \$55,000, its expected cash inflows are \$13,000 per year for 8 years, and its WACC is 7%. What is the project's discounted payback? Round your answer to two decimal places.

Modified internal rate of return

Project X costs \$1,000, and its cash flows are the same in Years 1 through 10. Its IRR is 18%, and its WACC is 12%. What is the project's MIRR? Round your answer to two decimal places

Project payback

Project K costs \$55,000, its expected cash inflows are \$12,000 per year for 11 years, and its WACC is 12%. What is the project's payback? Round your answer to two decimal places

The formula for calculating the amount of money returned for an initial deposit into a bank account or CD (certificate of deposit) is given b

A is the amount of the return. P is the principal amount initially deposited. r is the annual interest rate (expressed as a decimal). n is the number of compound periods in one...

Capital Budgeting

1. A startup landscaping company has to determine the most prudent investment in new trucks and mowers. They narrow their choice to two sets. Which set will be better given that money is worth 7.25%...

Help me with practice test questions

1. A project proposal stated that it would provide at least \$20,000 in annual returns for the next 3 years but requires an initial investment of \$50,000. Will its approval be worthwhile if the cost...

Formula and table methods

A condominium is purchased for \$80,000 with a down payment of \$12,000 at an annual interest rate of 11% for 15 years. Calculate the unpaid balance after 12 years of making payments.   Use...

Micheal wants his \$3,200 to grow to \$4,500 in 3 years. He has a saving account paying simple interest on savings.

Micheal wants his \$3,200 to grow to \$4,500 in 3 years. He has a saving account paying simple interest on savings. What rate of interest would help him achieve his goal?I am confused as to what formula...

How much would your friend receive from the sale of the promissory note?

You borrow \$5,000 at a simple 15% interest rate from your friend for 18 months in order to purchase new furniture and sign on a promissory note on your borrowing. 5 months later, your friend sells...

Assume that each deposit is made at the end of every year.

You plan to retire in 30 years and decide to save \$10,000 per year. If the interest rate is 6% compounded monthly, how much will you have in 30 years? Assume that each deposit is made at the end of...

calculate the expected return

1. Calculate the expected return on an asset that has the following probable returns: Order Return (%) Probability 1 634 .39 2 814 .27 3 912 .19 4 7% . 09 5 4% . 06 2...

Calculate debt limits

Calculate the debt limit for the Mitchell family if their financial statement reads as follows: total assets, including their home value of \$380,000: \$478,700 short-term liabilities: \$6,700 long-term...

Help with Credit and Loans Practice test questions

1. Lynn had a \$2,000 personal loan at 9.5 % for 18 months. Suppose that she is given the choice between the level method and the rule of 78 method and that she wants to pay off the remaining balance...

detail explanation

Find the monthly payment of a \$4,000 loan for 48 months at an add-on 9%annual interest. Also, find the final balance if this loan is to be paid off atthe 30th payment (assuming that 29 payments have...