1,236 Answered Questions for the topic finance

12/14/20

Jacob deposited a total of $2000 with two different savings institutions.

Jacob deposited a total of $2000 with two different savings institutions. One pays interest at a rate of 4% per year, whereas the other pays interest at a rate of 10% per year. If Jacob earned a... more
Follows • 1
Expert Answers •1

12/13/20

Financial management
Susanna wants to purchase a house costing $203,346. She plans to put $49,498 toward a down payment and finance the rest at 3.2% payable monthly for 30 years. If she stays with this payment schedule... more
Follows • 0
Expert Answers •1

12/13/20

What is the present worth of the depreciation tax held?
Company A purchases $200,000 of equipment in year zero. It decides to use straight-line depreciation over the expected 20 years life of the equipment. The interest rate is 14%. If its average tax... more
Follows • 1
Expert Answers •1
Finance Math

12/08/20

Help me solve this problem
Jasmine wants to go to a university to complete a course in four years’ time. She estimates that she needs $40,000 to finish the course. How much must she invested in a bank every month for the... more
Follows • 1
Expert Answers •1
Finance

11/25/20

How long does it take for my money to triple itself at 9.5% compounded semi-annually?
Follows • 1
Expert Answers •1
Finance Math Mathematics

11/25/20

Suppose you want to have the equivalent of $45,000 in today’s dollars in the year you retire(2062). How much is this? Assume the annual inflation rate is 3.2% between now and the year you retire.
Please show the steps so I can use the example for other questions !
Follows • 1
Expert Answers •1
Finance

11/20/20

If your check "bounces," that means there wasn't enough money in your account to pay the check.

It's about financial and I'm trying to figure out the question because it is true or false
Follows • 1
Expert Answers •1
Finance

11/19/20

How to solve: You paid 1,178 for a corporate bond that has a 10.79% coupon rate. What is the bonds current yield?
Follows • 1
Expert Answers •1

11/19/20

determine how much Larry should deposit each month into his account so that both men will have the same amount of money in their accounts at age 65
Since he was 23 years old, Ben has been depositing $200 at the end of each month into a tax-free retirement account earning interest at the rate of 3.5%/year compounded monthly. Larry, who is the... more
Follows • 2
Expert Answers •1

11/18/20

How many calendars would the company need to sell if the total profits from each option are to be equal?
"After exploring both options, we have determined that the quality and deliverability time will be identical in each case. Calendars will sell for €15 each. Printing calenders though a... more
Follows • 1
Expert Answers •1

11/16/20

Find the amount (future value) of the ordinary annuity. (Round your answer to the nearest cent.) $900/semiannual period for 15 years at 4%/year compounded semiannually
1) Find the amount (future value) of the ordinary annuity. (Round your answer to the nearest cent.)$900/semiannual period for 15 years at 4%/year compounded semiannually2) Find the amount (future... more
Follows • 1
Expert Answers •1
Finance Algebra

11/13/20

Use the future value formula to find the indicated value. n=20;i=0.03;PMT=$80;FV=?
Follows • 1
Expert Answers •1
Finance

11/03/20

What are the attributes of a financial System and what are the characteristics of an efficient financial system?

It should be in detail.
Follows • 1
Expert Answers •1
Finance

10/29/20

Finance Question
You are given the following information for ABC Inc.:(1)  The risk free rate is 5%.(2)  The rate of return on the market is 8%.(3)  The expected growth rate in dividends is 4%.(4)  The last... more
Follows • 1
Expert Answers •1
Finance

10/29/20

Finance Question
If $100 is placed in an account that earns 3%, compounded monthly for 6 years, what will it be worth in 6 years?
Follows • 1
Expert Answers •1
Finance Math

10/27/20

Maximum Revenue
The manager of a large apartment complex knows from experience that 120 units will be occupied if the rent is 496 dollars per month. A market survey suggests that, on the average, one additional... more
Follows • 1
Expert Answers •1
Finance

10/23/20

How to calculate retirement investment
Part 1: Sarah Wiggum would like to make a single investment and have $2 million at the time of her retirement in 35 years. She has found a mutual fund that will earn 4% annually. How... more
Follows • 1
Expert Answers •1
Finance

10/21/20

finance question

Assume that you contribute $250 per month to a retirement plan for 25 years. Then you are able to increase the contribution to $500 per month for another 25 years. Given a 9.0 percent interest... more
Follows • 1
Expert Answers •1

10/21/20

A total of 8000 was invested into accounts at 5 percent and 3 point 5 percent. How much was invested into each account if the total interest for the year was $327.50.
A total of 8000 was invested into accounts at 5 percent and 3 point 5 percent. How muchwas invested into each account if the total interest for the year was $327.50.
Follows • 1
Expert Answers •1

10/16/20

Breakeven Question
Sally’s Skate Company offers roller skating lessons. Her facility is her only fixed cost, at $800/month. Her instructor rate (a variable cost) is $60 per hour. She has no other costs. If each... more
Follows • 1
Expert Answers •2
Finance

10/16/20

Finance invested amount for each

Monico invests a total of $25,000 in two accounts paying 8% and 14% annual interest, respectively. How much was invested in each account if, after one year, the total interest was $2,780.00. Find... more
Follows • 1
Expert Answers •1
Finance

10/12/20

Answer with working

Weedon Ltd is trying to do some financial planning for the coming year. Weedon Ltd plans to raise $10,000 in new equity this year and wants to pay a dividend to shareholders of $39,000 in total.... more
Follows • 1
Expert Answers •1

10/11/20

Best Buy buys an iPod from a wholesaler with a $300 list price and a 5% trade discount. What is the dollar amount of the discount and the Net Price of the iPod?
Follows • 0
Expert Answers •1
Finance

10/11/20

What Is the tax owed for a married couple filing jointly with a taxable income of $312,000?
Follows • 1
Expert Answers •1

10/10/20

Ordinary Annuity
A man bought a car in installment basis. If he pays P10,000 per month at a rate of 15% compounded monthly for 3 years, find the cash price and the accumulated amount of money for the car.
Follows • 3
Expert Answers •1

Still looking for help? Get the right answer, fast.

Ask a question for free

Get a free answer to a quick problem.
Most questions answered within 4 hours.

OR

Find an Online Tutor Now

Choose an expert and meet online. No packages or subscriptions, pay only for the time you need.