932 Answered Questions for the topic finance

Finance

10/13/15

#### present value of the annuity

Suppose that an annuity will provide 20 annual payments of 1220 dollars, with the first payment coming 12 years from now. If the nominal rate of interest is 11.6 percent convertible monthly, what... more
Finance

10/12/15

#### Finance worded question

Food cost for a banquet of 100 covers is estimated to be 205.05 and labour cost 141.45. Overheads are to be allowed for at 20% of sale, and is desired to make net profit of 10%. Find out the charge... more

10/09/15

Finance

09/27/15

Finance

09/12/15

#### You wish to borrow $18,000 to buy a new automobile. The rate is 8.6% over four years with monthly payments. Find the monthly payment. (Answer:$444.52)

I have to show the work to the answer, when the answer is given.Been working on it for several hours

08/12/15

Finance

08/10/15

Finance

07/19/15

Finance

06/27/15

#### Calculate the cash balance.

Company is preparing its cash budget for the 3rd quarter of 2015. All sales are made on credit and expenses equal 60% of sales. All expenses are paid off in the same quarter except income tax.... more
Finance

06/27/15

#### Finance homework problem

Company has a target capital structure as follows: 60% debt and 40% from common equity. There is no preferred stock. Company is planning to make and sell a new product and this operation needs a... more
Finance

06/14/15

#### finance homework question Interest Rate Sensitivity

A bond trader purchased each of the following bonds at a yield to maturity of 10%. Immediately after she purchased the bonds, interest rates fell to 7%. What is the percentage change in the price... more

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