845 Answered Questions for the topic finance
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 !
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
How to solve: You paid 1,178 for a corporate bond that has a 10.79% coupon rate. What is the bonds current yield?
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
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
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
Use the future value formula to find the indicated value. n=20;i=0.03;PMT=$80;FV=?
What are the attributes of a financial System and what are the characteristics of an efficient financial system?
It should be in detail.
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
If $100 is placed in an account that earns 3%, compounded monthly for 6 years, what will it be worth in 6 years?
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
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
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
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.
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
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
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
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?
What Is the tax owed for a married couple filing jointly with a taxable income of $312,000?
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.
Karla washes windows for sparkle cleaners. She gets paid $1.39 per window. Last week she cleaned 284 windows. What was her total pay?
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
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
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