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## Finance Resources

The price of an equipment is \$63,170. It can be paid by equal end-of-week payments in 3 years. If the annual interest rate is 8.3 per cent, find the amount of each end-of-week payment.

A winning prize of a lottery is offered in following options. If the market rate of return is 11%, which option would be the best?

A charity foundation needs \$28,734 to start a project in coming years. From donation revenue, it plans to deposit \$1,542 at the beginning of each quarter into a bank account that will pay 10.2 per...

A firm expects to recover a bad debt of \$21,978 soon. This collection will improve the liquidity position of the firm. The firm is planning to repay its short-term borrowing of \$69,333 just after...

A bank is offering you to pay \$6,800 after 3 years if you follow a deposit plan. As per plan, you need to deposit \$500 today and \$155 at end of each month. What is the interest rate offered by the...

Jose has determined that he needs to have \$800,000 for retirement in 30 years. His account earns 6% interest. How much will he need to deposit in the account each month?

last year the company paid a dividend of \$ 3.40. it expects zero growth in the next year. in year 2, 5% growth is expected, in year 3 and 4 company is not paying any dividend. in year 5 company is...

How do I solve this problem? Please help/advise. Thank you! You are a mutual fund manager. You are interested in company FAB. Company FAB is an all equity company with 1M shares outstanding. Your...

Company ABC imports product from China and is worried about the impact a potential upward revaluation of the Chinese yuan may have on its import costs. As a result ABC enters into a non deliverable...

165,000,000 Taiwan dollars are the equivalent of € 4,650,330. \$61,200,000 is the equivalent of € 39,276,000. Provide the (1) direct quotation and the (2) indirect quotation for the currency pair Taiwan...

Mr. Lim is 25 years old today; he is beginning to plan for his retirement as he intends to set up an account and make regular payments into it. Hence, He intends to set aside an equal amount at the...

ABC Company purchased a building for \$2,850,000.00   At closing the following took place: Mortgage Loan Payable of \$2,796,400.50 Security deposit from tenant \$11,121.26 Real...

Mr. Lim is 25 years old today; he is beginning to plan for his retirement as he intends to set up an account and make regular payments into it. Hence, He intends to set aside an equal amount at the...

Assume you are the owner of 10% shares of a firm. The firm pays \$2,000,000 total dividend today out of its total fund of \$7,000,000 and invest the remaining fund at 20%. Market rate of return is 10%...

In Accounting there are plenty of formulas, theories, and equations, but by far the most important is the following: Assets = Liabilities + Equity First, I will describe in layman’s terms the three variables within the equation above. An asset is a resource that will be used to operate a business (e.g. inventory, plant, machinery). A liability is a creditors right to the... read more