1,236 Answered Questions for the topic finance

Finance

03/14/15

auditing question

Consider the implication of online banking with respect to control over banking transaction
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?
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
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
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.
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
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? 
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
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. 
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? 
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
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
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
Finance

01/12/15

How long will it take to have enough for a 20% down payment on a $175,000 condo in the city? (Round your answer to two decimal places.)

Here is the rest of the information for the problem   Please solve: In the following ordinary annuity, the interest is compounded with each payment, and the payment is made at the end of the... more
Finance

01/12/15

Calculate the present value of the annuity. (Round your answer to the nearest cent.) $1500 monthly at 6.1% for 30 years.

Please hlep i havedonethis aevery way but sideways and am still not getting it
Finance

01/09/15

mark owns 153 share of stock selling for $14.75. How many more shares can he purchase after receiving a dividend of $0.80 per share?

Compute the number of shares that can be purchased in each case.
Finance

01/08/15

Future Valuation formula for customer base projections

In order to estimate customer growth, I think the right track is to use the formula FV (future value) = n(1+r)t   I'm trying to project how many customers I will have in 4 cycles from now, so I... more
Finance

12/17/14

ITEM RUG, LIST $1400, CHAIN DISCOUNT 18/12, NET PRICE EQ RATE ____, SINGLE EQ RATE ____, AMOUNT OF TRADE DISCOUNT _____, NET PRICE _____?

ITEM-RUG, LIST-$1400, CHAIN DISCOUNT-18/12, NET PRICE EQ RATE ____, SINGLE EQ RATE ____, AMOUNT OF TRADE DISCOUNT _____, NET PRICE _____?
Finance

12/13/14

Considering buying a company using leveraged buyout. The company is projected to have sales of 500 million each year in the three years after buyout.

The cost of sales and other administrative expenses are 60% of the sale. Depreciation and amortization are 5% of the sale. Tax rate is 40%. If you borrow 1.5 billion at interest rate of 8% per... more
Finance

12/04/14

NEED HELP ASAP

Which retirement option is more favorable to you if you retire at age 65? Which retirement option is more favorable to you if you retire at age 55?At age 18 you start to work for a company and are... more
Finance

12/03/14

find the doubling time of an investment earning 7% interest if interest is compounded continuously

round to the nearest tenth of a year
Finance

12/03/14

How long will it take money to triple if it is invested at 7% compounded semiannually?

must be answered in years 

12/02/14

Economics Question: Finding Marginal Costs and Benefits

You are selling your 1996 Mustang. You have already spent $1000 on repairs. At the last minute, the transmission dies. You can pay $600 to have it repaired, or sell the car “as is.” A.) What is... more

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