1,261 Answered Questions for the topic finance

Finance

08/24/17

How do I calculate the future value of this account?
Suppose I'm earning 2.5%/week on my account whose principal value is $500. Every two weeks I add $150 to the account. What will the value of the account be after 1 year? What is the formula (Pe^Rt... more
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08/20/17

just a simple clarifying question! Urgent!
If a trial balance on 30 April 2017 shows:                                  Debit ($) MAINTENANCE            2800     With the additional info that: The company is billed for maintenance... more
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Finance

08/09/17

Corporate Finance
The Cambridge Opera Association has come up with a unique door prize for its December 2019 fund-raising ball: Twenty door prizes will be distributed, each one a ticket entitling the bearer to... more
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Finance

06/24/17

You are given a choice of taking the simple interest on $ 100,000
You are given a choice of taking the simple interest on $ 100,000 invested for 3 years at a rate of 4% or the interest on $100 comma 000100,000 invested for 3 years at an interest rate of 44%... more
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Finance

06/24/17

You are given a choice of taking the simple interest on $100,000 invested for 2 years at a rate of 5%
6) You are given a choice of taking the simple interest on $100,000 invested for 2 years at a rate of 5%or the interest on 100,000 invested for 2 years at an interest rate 5% compound monthly.Which... more
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Finance

06/24/17

2) A recent high school graduate received $ 700 ​
2) A recent high school graduate received $ 700in gifts of cash from friends and relatives. In addition,sheshereceived three scholarships in the amounts of $ 350,$ 500 and $1000if she takes her... more
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Finance

06/22/17

a zero -coupon bond that will pay $1,000 in 12 years is selling today for $355.53. What interest rate does the bond offer?
Can someone please help me answer this question I've been working on it for a while and I am stuck 
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Finance

06/09/17

Inflation and Nominal Returns
Suppose the real rate on your investment is 5.5 percent and the inflation rate is 1.6 percent. What nominal rate would you expect to see on your investment? Use the Fisher Effect... more
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Finance

06/09/17

I need help finding a coupon rate
Ashes Divide Corporation has bonds on the market with 19 years to maturity, a YTM of 10.0 percent (APR), and a current price of $1,236.50. The bonds make semiannual payments. What must the coupon... more
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Finance

06/09/17

I need help finding the YTM of a bond
Ngata Corp. issued 12-year bonds 2 years ago at a coupon rate of 9.6 percent (APR). The bonds make semiannual payments. If these bonds currently sell for 99 percent of par value, what is the YTM... more
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05/24/17

What is the maximum price per share that Newman should pay for Grips if it has a required return of 13​% on investments with risk characteristics similar to tho
Newman manufacturing is considering a cash purchase of the stock of Grips Tool. During the year just completed, Grips earned $3.43 per share and paid cash dividends of $1.73 per share (D0=$1.73). ... more
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Finance

04/20/17

Tyler & Megan have a combined income of $105,000 per year. Neither Tyler's or Megan's employers have a matching plan.
Tyler & Megan have a combined income of $105,000 per year. Neither Tyler's or Megan's employers have a matching plan.   Each person will invest 15% of his/her income If the person has a... more
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04/15/17

Using present value and future value to determine repay
Farnaz must repay her $17000 student loan. She can afford to make monthly payments of $325. The bank's interest rate is 7.2% compounded monthly. Determine how long it will take Farnaz to repay her... more
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04/15/17

Present Value and Future Value word problem
Wolverine deposits $1500 in a retirement savings plan at the end of every 6 months for 20 years. The money earns 11% per year compounded semi-annually. After 20 years, Wolverine coverts the... more
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03/25/17

Which type of formula would you use?
You deposit $4,000 in a savings account at a bank that has a rate of 4% compounded quarterly. Find the amount of money in the account after 5 years.
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Finance Annuity Mat142

03/24/17

I'm confused with these type of problems
Deep's property tax is $626.78 and is due April 15. He does not pay until July 6. The county adds a penalty of 7.3% simple interest on unpaid tax. Find the penalty Deep will pay. (Assume there are... more
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03/24/17

Help, How would you set this up?
Hector and Yolanda want to establish a fund for their grandson's college education. What lump sum must they deposit at a 6.7% annual interest rate, compounded monthly, in order to have $30,000 in... more
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03/24/17

How would you do this problem?
Matt is saving to buy a new motorcycle. If he deposits $40 at the end of each month in an account that pays an annual interest rate of 4.5%, how much will he have in 30 months? Assume that the... more
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03/19/17

Need help w/ equation
Hi, I have the following homework problem:"Here are a new company’s Revenues and Expenses for its first six months of operations Revenues ExpensesMonth 1 $9,000 $18,000Month 2 $12,000 $18,000Month... more
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Finance

03/12/17

Finance question
If some spends 2,852 on metal roofing and 1,800 on labor and took out a loan to cover the cost at 8.75 percent for 6 months how much was the loan
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Finance

03/10/17

What is the present value of an asset that yields $1,500 in 5 years & $3,000 in 10 years if the discount rate is 8%?
What is the present value of an asset that yields $1,500 in 5 years & $3,000 in 10 years if the discount rate is 8%?
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03/04/17

The p-value for the two-sided hypothesis test is 0.04. How would you interpret the p-value?
The owner of an ice cream shop wants to determine whether there is a relationship between ice cream sales and temperature. The owner collects data on temperature and sales for a random sample of 30... more
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Finance

02/14/17

Finance question
Use the information below for the Greek Corporation to answer the following questions.Balance Sheet Accounts of Greek CorporationAccountBalance 12/31/2014Accumulated depreciation$3,060Accounts... more
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Finance

01/30/17

finance question
Assume that you want to retire in 30 years. You intend to invest $200 per month into a mutual fund that you expect to return 12% per year (1% monthly). If you continue making these monthly... more
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01/28/17

I need to create a furmela for a business commission
 Dear heros,   i would like to create a exel formula for commercial commissions which will start from 5% if the deal is =<500,000  then it would be decreased till reach to 2.5% when it equals... more
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