1,261 Answered Questions for the topic finance

01/17/20

accounting question
Which of the following pairs of accounts could not appear in the same adjusting entry? a. Service Revenue and Unearned Revenue b. Interest Income and Interest Expense c. Rent Expense and... more
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Finance Math

01/16/20

Regular payments of $405 every 6 months for the next 12 years. The annuity earns 3.75%/a compounded semi-annually, and the first payment will be in 6 months.
Determine the current value of the investment.
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01/10/20

Averaging percentages

How do you find the average for 3 percentages?
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01/09/20

Rank in order (Highest to Lowest) change in operating expenses from year 1 to year 2
Question: Rank in order from highest (1) to lowest (5) in terms of the change in operating expensesKey: m = millionoperating expenses:A - year1=12.8m & year2=9.9mB - year1=25.1m &... more
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01/09/20

Rank in order (Highest to Lowest) change in operating expenses from year 1 to year 2
Question: Rank in order from highest (1) to lowest (5) in terms of the change in operating expensesKey: m = millionoperating expenses:A - year1=12.8m & year2=9.9mB - year1=25.1m &... more
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Finance

12/20/19

Laura works at Pizza-getti. Last month she received an average tip of $8 from her 75 tables. She gets paid $5.25 an hour and worked 150 hours last month. How much was her gross pay for the month
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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
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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?
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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?
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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
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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
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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
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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
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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
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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?
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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
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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?
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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
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Finance Find The Rate

11/12/19

Find the rate of change of the linear function from the point ​(0​,14​) to the point ​(18​,8​).
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Finance

11/12/19

Suppose that 4000$ is invested at 6% compounded weekly. How much money will be in the account in a year?

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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
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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
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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
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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.
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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
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