1,250 Answered Questions for the topic finance

Finance

03/22/15

Mr. Lim is 25 years old today; he is beginning to plan for his retirement as he intends to set up an account and make regular payments into it
Mr. Lim is 25 years old today; he is beginning to plan for his retirement as he intends to set up an account and make regular payments into it. Hence, He intends to set aside an equal amount at the... more
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Finance

03/22/15

Tong Ah Khau deposited RM10, 000 today into an account that pays 8 percent interest for five years.
Tong Ah Khau deposited RM10, 000 today into an account that pays 8 percent interest for five years. You would like to have same amount of money at the end of the next five years as him, but you can... more
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Finance

03/21/15

Assume you are the owner of 10% shares of a firm. The firm pays $2,000,000
Assume you are the owner of 10% shares of a firm. The firm pays $2,000,000 total dividend today out of its total fund of $7,000,000 and invest the remaining fund at 20%. Market rate of return is... more
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03/19/15

Calculate the cost of both options
josh needs $320 to pay off his cell phone. He can use his credit card, but the $320 payment will put him at his card limit. His other option is to take a payday loan. His credit card has an annual... more
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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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