Matt is saving to buy a new motorcycle. If he deposits $40 at the end of each month in an account that pays an annual interest rate of 4.5%, how much will he have in 30 months? Assume that the compounding...

Matt is saving to buy a new motorcycle. If he deposits $40 at the end of each month in an account that pays an annual interest rate of 4.5%, how much will he have in 30 months? Assume that the compounding...

You deposit $4,000 in a savings account at a bank that has a rate of 4% compounded quarterly. Find the amount of money in the account after 5 years.

Hector and Yolanda want to establish a fund for their grandson's college education. What lump sum must they deposit at a 6.7% annual interest rate, compounded monthly, in order to have $30,000 in...

Deep's property tax is $626.78 and is due April 15. He does not pay until July 6. The county adds a penalty of 7.3% simple interest on unpaid tax. Find the penalty Deep will pay. (Assume there are...

Dear heros, i would like to create a exel formula for commercial commissions which will start from 5% if the deal is =<500,000 then it would be decreased till reach...

Hi, I have the following homework problem: "Here are a new company’s Revenues and Expenses for its first six months of operations Revenues Expenses Month 1 $9,000 $18,000 Month...

If some spends 2,852 on metal roofing and 1,800 on labor and took out a loan to cover the cost at 8.75 percent for 6 months how much was the loan

please show how to get the answer of D) with steps : Consider the following information for three stocks, A, B, and C. The stocks' returns are positively but not perfectly positively...

What is the present value of an asset that yields $1,500 in 5 years & $3,000 in 10 years if the discount rate is 8%?

ABC, Inc. is considering the purchase of new equipment. The annual sales are expected to be $806,929, the annual variable costs are expected to be $145,119, the annual fixed costs are expected to...

I am reading a book by Robert Kioysaki and he explains that during a lifetime, you will face 4 gorillas. One of the gorillas is higher taxes. He breifly says how whenever money is printed, taxes are...

a. What are nominal interest rates in Venezuela? b. What is the expected future spot exchange rate for one year from now? c) What is the expected difference in inflation rates between the...

You are given the following information about the economy at time 1: State Expansion Recession Probability 60% 40% Market Return 25% -8% Risk Free Rate 4% 4% And the following...

I have a test tomorrow and the tutors couldn't even figure it out, so if someone could explain to me, why it is OVERVALUED (Correct answer)... Assume that you can buy Google for $379...

Assume the market has a Treynor Index of 4.00%. What is the Treynor Index of your portfolio consisting of the risk-free asset and the market portfolio if the portfolio weight on the market is 17%...

The state lottery offers to pay winnings in 25 annual payments or one lump sum, sometimes called a cash-out option. This week’s lottery has a jackpot of $30 million and a cash-out value of...

A firm wishes to maintain a growth rate of 12.4 percent and a dividend payout ratio of 28 percent. The ratio of total assets to sales is constant at 0.60 and the profit margin is 7.1 percent. If the...

Advantage First Corporation has sales of $4,716,830; income tax of $323,708; the selling, general and administrative expenses of $201,404; depreciation of $312,788; cost of goods sold of $2,688,410;...

Use the information below for the Greek Corporation to answer the following questions. Balance Sheet Accounts of Greek Corporation Account Balance 12/31/2014 Accumulated depreciation $3,060 Accounts...

Bent Co. has FCF of 5 million per year which should grow 5% per year, the expected return on equity is 12% and r=.06 and the firm has a D/E of .07 with an appropriate tax rate of 37%. With the above...