1,249 Answered Questions for the topic finance

12/19/19

Whats the purpose of S&P 500 futures?

If the S&P 500 is at a level of 2500 then the market value of a futures contract is 2,500 x $250 or $625000. So whats the point of buying a contract if as of December 12/18/2019 the total share... more
Finance Annuities

12/19/19

How do you solve this annuities problem?

Question: Kenny wants to invest $250 every 3 months at 5.2%/a compounded quarterly. He would like to have at last $6500 at the end of his investment. How long will he need to make regular payments?
Finance

12/17/19

Compound Interest: A calculated depletion of one's retirement account

If my savings account has P dollars gaining r percent each year and I want to withdraw D dollars monthly until zero dollars remain after N years, how much do I withdraw each month?

12/09/19

accumulated value

.Find the accumulated value at the end of 10 years of 4 payments of £200 each payable half yearly in advance, if the interest rate is:(a) 3% per annum effective. (b) 5% per annum convertible monthly. more
Finance

12/07/19

precalculus finance

Lupé made a down payment of $9000 toward the purchase of a new car. To pay the balance of the purchase price, she has secured a loan from her bank at the rate of 7%/year compounded monthly. Under... more
Finance Statistics

11/27/19

How do I measure the risk of a stock?

In finance, there are two primary measures of risk:1) Total Risk (σ) which includes both market risk and firm specific risk2) Systematic Risk (β) which is the risk relative to the marketIn... more
Finance Math Sat Math

11/25/19

A little help here?

A woman earned wages of $53300​, received $2700 in interest from a savings​ account, and contributed ​$2500 to a​ tax-deferred retirement plan. She was entitled to a personal exemption of $3000... more
Finance Math

11/25/19

Finance Calculation Help

Suppose you invested $1000 to invest in two different compounding investment instruments that both earn 6% APR. But one has one compounding period per year and the other compounds monthly (i.e. 12... more
Finance Math

11/25/19

APR Question Help

Suppose you borrowed $500 dollars and after 2 months you paid the money back plus $25 dollars. What was the APR for this load?
Finance

11/21/19

What is the probability of six or more loans default?

A bank has 100 one-year loans, each with a 1% probability of default. Assume that the probability of default applicable to all loans is uncertain. It is equally likely to be 0.5% or 1.5%. What is... more
Finance

11/13/19

how many years will it take for annes 200,000 to become 1,000,000 if the money is subjected to 7.5% simple interest rate?

how many years will it take for annes 200,000 to become 1,000,000 if the money is subjected to 7.5% simple interest rate?
Finance

11/13/19

Direct variation

Assume that y varies directly with x, then solve If y=8 when x=4, find y when x=5

11/06/19

Prepare the journal entries for December 31, 2021 and 2022.

Charger Battery issued $200,000 of 11%, 7-year bonds on January 1, 2020, for $220,132. Interest is paid annually on December 31. The market rate of interest is 9%.Prepare the journal entries for... more

11/06/19

Prepare the journal entry for December 31, 2020 and 2021.

Crafty Corporation issued $475,000 of 5%, 7-year bonds on January 1, 2020, for $448,484. Interest is paid annually on December 31. The market rate of interest is 6%.Prepare the journal entry for... more
Finance

11/03/19

Question is below V (Math) (Finance)

Hannibal opens a savings account on January 1, 1984 with a deposit of 330 dollars, and continues to make deposits of the same amount at the beginning of each month until January 1, 1990, when he... more
Finance Math Algebra 2

11/01/19

What are the decimal multipliers for these changes: a) value increasing by 4% for one year b) value increasing by 4% for four years c) value depreciating by 8% for six years

Please can this be explained in a way that I can understand the method.
Finance

10/31/19

Who wants to be a millionaire?

Who Wants to Be a Millionaire?  You just won $1 million dollars in the lottery! They offer you two options for your winnings: a lump sum payment right now, or $100,000 a year over the next 10... more

accounting question

On January 1st, 2018, Dr. Marcie Cousins established Health-Wise Medical, a medical practice organized as a proprietorship. The following conversation occurred the following August between Dr.... more

10/24/19

create (A) an income statement for march (b)A statement of owner's equity for March. and (c) A balance sheet as of March 31.

On March 1, the amount of Richard Cook's capital in Richard's Catering Company was $150,000. During March, he withdrew $31,000 from the business. The amounts of the various assets, liabilities,... more

10/24/19

accounting//statement

The assets and liabilities of Rocky's Day Spa at December 31 and its expenses for the year are listed below. The capital of the owner was $68,000 at January 1. The owner invested an additional... more

10/22/19

Could you tell me which ones are revenues and which ones is expenses?

Accounts payable $1,200   Miscellaneous expense $490 Accounts receivable 10,340   Office expense 380 Cash 32,320   Supplies 1,670 Fees earned 75,630   Wages... more
Finance

10/22/19

White-collar be Financial crime

What are the differences between white-collar crime and financial crime?

Could you tell me which ones are revenues and which ones is expenses?

Accounts payable $1,200   Miscellaneous expense $490 Accounts receivable 10,340   Office expense 380 Cash 32,320   Supplies 1,670 Fees earned 75,630   Wages... more

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