1,260 Answered Questions for the topic finance

Finance

04/10/15

A bank is offering you to pay $6,800 after 3 years if you follow a deposit plan.
A bank is offering you to pay $6,800 after 3 years if you follow a deposit plan. As per plan, you need to deposit $500 today and $155 at end of each month. What is the interest rate offered by the... more
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Finance

04/09/15

You deposit $200 each month into an account earning 3% interest compounded monthly.
You deposit $200 each month into an account earning 3% interest compounded monthly. How much will you have in the account in 30 years?
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Finance

04/09/15

Stock valuation
last year the company paid a dividend of $ 3.40. it expects zero growth in the next year. in year 2, 5% growth is expected, in year 3 and 4 company is not paying any dividend. in year 5 company is... more
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04/01/15

How do I solve for the fair price of shares?
How do I solve this problem? Please help/advise. Thank you!You are a mutual fund manager. You are interested in company FAB. Company FAB is an all equity company with 1M shares outstanding. Your... more
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Finance Economics

03/31/15

Currency Question about Yuan
Company ABC imports product from China and is worried about the impact a potential upward revaluation of the Chinese yuan mayhave on its import costs. As a result ABC enters into a non deliverable... more
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03/31/15

Direct and Indirect Quotes
165,000,000 Taiwan dollars are the equivalent of € 4,650,330. $61,200,000 is the equivalent of € 39,276,000. Provide the (1) direct quotation and the (2) indirect quotation for the currency... more
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03/29/15

future value calculation
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

03/25/15

How much are we spending on a single serving of 3 cups of popped popcorn?
Okay so my friend and I are running a business to sell popcorn. In order to find out how much to sell our popcorn for we need to figure out how much we're spending making just one serving. We are... more
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Finance Assets

03/24/15

Journal Entry for purchasing an asset
ABC Company purchased a building for $2,850,000.00   At closing the following took place: Mortgage Loan Payable of $2,796,400.50 Security deposit from tenant $11,121.26 Real Estate Tax Credit... more
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03/24/15

Walter's savings account has a balance of $273. After 5 years, what will the amount of interest be at 5% compounded quarterly?
HELP! Need ASAP!!!!!!!!!!!!!!!!!!!!!!!!!!!
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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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