Ethan has a total college account of $175,000. He is going to split this into two different funds, one which pays 6.5% and the other that pays 8%. How much should he put in each account so that he...

Ethan has a total college account of $175,000. He is going to split this into two different funds, one which pays 6.5% and the other that pays 8%. How much should he put in each account so that he...

Sally has $160,000 invested in an account that pays 5.5% interest. How much would she need to invest in an account that pays 6.7% interest to raise her combined yield to 6.2%?

Lisa has a total college account of $120,000. $50,000 of this is an account that pays 3.35% interest. What interest rate would she need on the rest in order to get $6,000 per year in interest all...

Suzanne and Brian have $1,000.00 to invest. They found a CD paying 1.85% compounded semi-annually. Assuming the rates will not change, how much will their investment be worth in four years?

How to calculate the yield on a 3-mth US Treasury Bill, face-value $100,000, with 67 days to maturity, currently trading at a market price of $91,000. Assume a 360 day count applies.

Joe secured a loan of $14,000 four years ago from a bank for use toward his college expenses. The bank charges interest at the rate of 4%/year compounded monthly on his loan. Now that he has graduated...

Your company has been doing well, reaching $1.06 million in annual earnings, and is considering launching a new product. Designing the new product has already cost $478,000. The company estimates...

Ima Hogg wants to determine the quantity of ingredients to use in making each pound of sausage at a minimum cost. The available ingredients and their relevant data are: Hog bellies cost $.30, and...

I need help really bad so if any one can help that will be fine. Please and thank you have a awesome day

On January 1, Pete Rowe bought a ski chalet for $51,500. Pete is renting the chalet for $56 per night. He estimates he can rent the chalet for 200 nights. Pete’s mortgage for principal and interest...

Simple Interest: You borrow $2,000 for car repairs. The interest rate is 5%, and you will pay it in full one year later

Suzanne opens a line of credit at a local bank, and immediately borrows 1870 dollars. 6 months later, she repays 1060 dollars. 5 months after the repayment, she borrows 570 more dollars. 6 months...

Find the rate of markup on selling price (the gross profit margin) if the selling price is $47.91, the unit cost is $24.98. Give your answer as a percentage rounded to 2 decimal places.

If a painting at Arts R Us is marked up from $43.00 to $75.00, what is the rate of markup?

A manufacturing company is thinking of launching a new product. The company expects to sell $950,000 of the new product in the first year and $1,500,000 each year thereafter. Direct costs including...

A new lawnmower cost $350, less 30%, 20%, and 10%, and sells to allow for overhead expenses of 30% of the selling price and a profit of 20% of the selling price. During a sale, the lawnmower is marked...

Assume a company pays out $100 in dividends in Year 1. Dividends increase by 10% a year for 4 years and thereafter stay constant. What is the total amount of dividends paid out (rounded to the nearest...

A) How much to repay over the life of the loan? B) How much to pay in interest over the course of the loan?

Question: Say you travel an average of 150km per week at the average fuel for November. Use the cars fuel efficiency to calculate how much it will cost you per week to put petrol in...

You are 60 year old, currently, you have $10,000 invested in a lump-sum distribution of $50,000 from a pension plan, which you roll over into an IRA, you continue to make $2,000 annual payments to...

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