1,246 Answered Questions for the topic finance

Finance

03/19/15

Calculate how much Jovin and Simrin inherited
Jovin and Simrin each received a different inherited from their families. Jovin invested his inheritance that earned an annual rate of interest of 5.25% compounded quarterly for 20 years and now... more
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Finance

03/19/15

What is the rate of annual interest?
If John inherited $200000 and wanted it to grow into &500000 in 25 years, what rate of annual interest compounded monthly would he need to earn to reach his goal? Solve this problem... more
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Finance

03/19/15

Find the rate
When Josh was 10 years old, his godfather bought him a $5000 CSB that earned simple interest. When josh turned 20 years old the CSB was worth $9000. At what rate did the CSB earn annual... more
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Finance

03/19/15

How much would I have to deposit
Determine how much you would have to deposit into a CD that was paying 2.75% simple interest annually if you wanted to have $10980 in the account after 8 years.    B) calculate the rate of return... more
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Finance

03/19/15

Which one of the following bonds has the greatest reinvestment risks?
a. 3-year; 0 percent couponb. 3-year; 6 percent couponc. 10-year; 0 percent coupond. 10-year; 6 percent coupon
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Finance

03/18/15

How long does it take an investment to quadruple in value of it earns 5% simple interest per year?
The awnser is 60
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Finance

03/17/15

Billy’s Exterminators, Inc., has sales of $734,000, costs of $315,000, depreciation expense of $48,000, interest expense of $35,000, a tax rate of 35 percent...
Billy’s Exterminators, Inc., has sales of $734,000, costs of $315,000, depreciation expense of $48,000, interest expense of $35,000, a tax rate of 35 percent and paid out $85,000 in cash... more
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Finance

03/17/15

Earnhardt Driving School’s 2010 balance sheet showed net fixed assets of $2.8 million, and the 2011 balance sheet showed net fixed assets of $3.6 million...
Earnhardt Driving School’s 2010 balance sheet showed net fixed assets of $2.8 million, and the 2011 balance sheet showed net fixed assets of $3.6 million. The company’s 2011 income statement showed... more
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Finance

03/14/15

auditing question
Consider the implication of online banking with respect to control over banking transaction
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03/08/15

Personal Finance Situation
Life Situation:            Financial Data: Single                      Monthly Income $1,750 Age 21                     Living Expenses $1,210 No dependents         Personal property $7,300... more
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Finance Word Problem

02/24/15

The yearly cost for residents to attend a state university has increased exponentially from $5200 to $9000 in the last 5 years
a) To the nearest percent, what has been the average annual growth rate in cost? b) If this growth rate continues, what will the cost be in 5 more years?
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Finance Word Problem

02/24/15

You buy a new mountain bike for $300. The value of the bike decreases by 25% each year.
a) Wrtie a model giving the mountain bike's value V (in dollars) after t years. b) Use the model to determine the value of the bike after 3 years/ c) How long will it take for the value of the... more
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Finance

02/24/15

You deposit $800 in an account that pays 2.65% annual interest compounded continuously. What is the balance after 12.5 years?
Please help with this question I have a test tomorrow on equation. Plz help. Thanks
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Finance

02/13/15

Kevin makes an investment of $ 10,000 in a bank for a period of 5 years.
The bank pays an annual interest rate of 6%.How much will he receive at the end of the term if interest is compounded half-yearly.   Round off your answer to the nearest dollar.
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Finance

02/06/15

Financial lit help please!
Wally runs a gardening business. He sells vegetable seedlings to his customers. He buys the seeds at the wholesaler for $10 a pack of 1000. He grows the seedlings in cardboard containers that he... more
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Finance Interest

01/30/15

Interest on a reducing balance loan
For a reducing balance loan of $180000 at 9% p.a. over 12 years with fortnightly repayments of $932.75 what is the total interest payable? 
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Finance

01/28/15

How does securtie laws protect against IPO risks?
Im trying to figure out topic points to add to a power point for this. I did one slide of IPO risks now I need one slide of how securities laws deal with them.  
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Finance

01/21/15

What is the formulas to find the correct answers
Abe makes a one-time deposit of $7,500 in a savings account at 3.3% annual interest compounded monthly. Bess deposits $120 into a savings account at the end of every month for 6 years at 3.3%... more
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Finance

01/20/15

Marilyn purchased 2000 shares of stock for $35.43 per share. She sold them for $44.10per share.
express her capital gain to the nearest tenth of a percent. 
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Finance

01/20/15

Tom purchased shares of DuPoint for $47.65 per share. He plans to sell the shares when the stock prices rises 20%.
At what price will he sell his shares? 
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Finance

01/20/15

Nick and Matt are he partners in a local health food store. They needed $73,000 to start the business. They invested in the ratio 3:7, Nick to Matt.
How much money did they each invest ?
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Finance Interest

01/13/15

the annual interest rate on a credit card is 24.99% if a payment of $100.00 is made each month, how long will it take to pay off an unpaid balance of $2,487.56?
present value of an annuity? 
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Finance

01/12/15

How much money do i needto invest in orderto become a millionaire
You have just won $110,000 from a lottery. If you invest all this amount in a tax-free money market fund earning 8% compounded weekly, how long do you have to wait to become a millionaire? (Round... more
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Finance

01/12/15

Find the unpaid balance on the debt. (Round your answer to the nearest cent.) After 5 years of monthly payments on $160,000 at 3% for 25 years.
 Please solve and show work.Thanks in advance for your help with this
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Finance

01/12/15

Determine the payment to amortize the debt. (Round your answer to the nearest cent.) Quarterly payments on $12,500 at 3.5% for 6 years.
Please solve and show work. thanks in advance for your help
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