1,261 Answered Questions for the topic finance

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?
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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
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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
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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
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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.
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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
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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
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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
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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?
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Finance

10/11/20

What Is the tax owed for a married couple filing jointly with a taxable income of $312,000?
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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.
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Finance Math

09/30/20

Karla washes windows for sparkle cleaners. She gets paid $1.39 per window. Last week she cleaned 284 windows. What was her total pay?
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09/29/20

What is the difference between multiplying and dividing percentages with 1 added to the percentages and not
rlocal currency = (1 + rforeign currency) x (1 + Expected inflationlocal currency ⁄ 1 + Expected inflationforeign currency) - 1vs.Country risk premium = Country default spread x (σequity ⁄... more
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Finance Math Economics

09/29/20

economics problem help thanksss

The following schedule of funds is available to form a sinking fund. Current year (n). $50,000n+ 1 $40,000n+2. $30,000 n+3 $20,000At the end of the fourth year, equipment costing $250,000. 00... more
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Finance

09/29/20

finance algebra

Aileen is a sales person at Lopez sporting goods, she is paid monthly commissions on all little league outfits she receives 10% of her first $2,000 in sales and 12% of her balance in sales. Last... more
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Finance Algebra

09/28/20

Part of the proceeds from the garage sale was $350 worth of $10 and $20 bills if there were two more $10 bills than $20 bills find the number of each denomination
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Finance

09/25/20

what equivalent amount can be invested at the beginning of each month instead of at the end of each month if interest is 12% per year compounded monthly
what equivalent amount can be invested at the beginning of each month instead of at the end of each month if interest is 12% per year compounded monthly
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Finance

09/25/20

Roster question please help

If A club roster of 16 members, how many different arrangements of president, Vice President and secretary are possible?
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Finance

09/25/20

Please help combo question

A small combination lock on a suitcase has 4 wheels, each labeled with the 10 digits from 0 to 9. If an opening combination is a particular sequence of 4 digits with no repeats what is the... more
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Finance

09/24/20

Target debt ratio & Target payout ratio in Capital Budget
Assume that a firm has a number of positive NPV projects available but does not want to issue any new stock. The projected net income is $150 MM with a target capital structure of 25% debt and 75%... more
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Finance

09/22/20

Three years ago, you deposited some money in your bank account.
Two years from today you will withdraw $3,000 from your bank account. You will withdraw a further $6,000 three years from today after which you will have nothing left over in your account. These... more
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Finance

09/22/20

Congratulations! You just won a lottery. You have two options to collect your winnings:
Option (1): collect a lump-sum of $100,000 six years from now, or • Option (2): collect a lump-sum of $147,000 ten years from now. a) If your bank offers a rate of 10% per year on any deposit,... more
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Finance

09/20/20

NPV Calculation
Assume that an investment has a total cost of $574,382. The four-year projected cash flows are $203,584; $247,318; $195,674; and $163,313. At what discount rate is the NPV equal to zero?
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Finance

09/19/20

401k conversion to Roth
Am I able to rollover a 401k into a Roth and then withdraw the money since taxes have already been paid after the conversion?
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Finance

09/09/20

Exponential Finance Word Problem
A person wishes to have $27,500 cash for a new car 7 years from now. How much should be placed in an account​ now, if the account pays 4.1% annual interest​ rate, compounded​ weekly?
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