1,236 Answered Questions for the topic finance
Financing Word Problem - HELP!
Mario neglected to pay a credit card bill of $1550 at 17%/a, compounded daily, for 2 weeks after it was due. What is the amount he must pay to settle the bill at the end of 2 weeks?
Finance Math Help
06/08/14
Financing Word Problem - HELP
Gordon has a Canada Savings Bond that pays $150 in simple interest each year. The annual interest rate is 4.75%. What principal did Gordon invest in the bond?
06/08/14
Financing Word Problem - HELP!
an investment of $1500 earned $35.20 at a simple-interest rate of 5.5% per year. How long was the investment held?
Finance
05/29/14
The following describes the conditions of an ordinary annuity, with interest compounded with each payment and payments made at the end of the compounding period
The following describes the conditions of an ordinary annuity, with interest compounded with each payment and payments made at the end of the compounding period. Find the accumulated amount of the...
more
Finance
05/29/14
A retirement account has $10,000 in it and earns 10% interest per year compounded monthly. At the end of every month for the next 5 years you will deposit $200
A retirement account has $10,000 in it and earns 10% interest per year compounded monthly. At the end of every month for the next 5 years you will deposit $200 into this account. How much will be...
more
Finance Algebra 2
05/29/14
How much should we deposit now into an account earning 9% interest per year, compounded monthly so that starting one month from now the bank will send us monthl
How much should we deposit now into an account earning 9% interest per year, compounded monthly so that starting one month from now the bank will send us monthly payments of $375 for 5 years? At...
more
Finance
05/28/14
How much would need to be invested at 5.25% annual simple interest to amount to $7,520 in 6 years?
How much would need to be invested at 5.25% annual simple interest to amount to $7,520 in 6 years?
Finance
05/28/14
Find the required payment for the sinking fund: Quarterly deposits earning 7.4% to accumulate $66,000 after 30 years.
Find the required payment for the sinking fund: Quarterly deposits earning 7.4% to accumulate $66,000 after 30 years.
Finance
05/28/14
You are offered three investments. The first ensures you will earn 19% annually, the second will earn 18.5% compounded quarterly, and the third will earn 17% co
You are offered three investments. The first ensures you will earn 19% annually, the second will earn 18.5% compounded quarterly, and the third will earn 17% compounded weekly. Which would be the...
more
Finance
05/11/14
I am trying to figure out the Weight average cost of capital and need some assistance with the below question
A firm borrows money at 8% with effective tax rate of 25%. The firm estimates that its cost of equity (expected return from shareholders) is 9%. The firm’s optimal capital structure is 70% debt/30%...
more
05/09/14
word problems
1)Donut Delights, Inc. has determined that when x donuts are made daily, the profit P is given by
P(x)=-0.002x2+4.3x-130
a) How is the company's profit if 700 donuts are mad daily?
b) How...
more
Finance
05/04/14
do you have to pay of your mortgage and your debt before you move out of state
My family wants to move to California and my parents are saying we have to pay our debt and mortgage first and i dont know if you have to
Finance Word Problem
04/27/14
Please help with 3000.00 *190.00,
Car payment balance. We owe three thousand dollars and the payment is 190.00 . I have tried going through the steps it has been years since I was in school as I am 65 years old. I would like to...
more
Finance
04/26/14
Capital Budgeting: NPV & IRR project analysis
A firm has the following investment opportunities: Investment NPV IRRProject A $150,000 $30,000 14%Project B $125,000 $20,000 11%Project C $100,000 $25,000 13%If the cost of capital is 10% and the...
more
03/17/14
In need of Statistic Tutor San Jose
Hello I am in need of a statistic tutor in San Jose. I am currently attending San Jose State struggling to find an available tutor for tomorrow. Please get back to me asap. Thank you!!
Finance Business
03/05/14
__________ is considered a variable operating expense of an automobile.?
__________ is considered a variable operating expense of an automobile.A. Maintenance B. Depreciation C. Interest on auto loan D. Insurance
Most consumer complaints are resolved by:A. legal...
more
Finance
01/31/14
On Banking 2
Find the amount of the balance forward that would result following these transactions:a. Starting balance: $1,432.54b. October 4; check #914; to Cook Security Systems; amount of $93.27c. Deposit:...
more
Finance Net Investment
01/26/14
Can you help with an Investment class (FINC 3231) question?
I am taking my last class for college graduation and am in need of help with this homework problem. I have done the first paragraph but I am baffled by the second paragraph. Please help if you can....
more
Finance Math
01/26/14
Find the savings plan balance after 15 months with an APR of 11% and monthly payments of $250
Find the savings plan balance after 15 months with an APR of 11% and monthly payments of $250.
Finance
12/19/13
Answer can be short and vague
Now that you have a full time job you are ready to start investing for retirement. Your corporation will match 50 cents of each dollar that you put in your 401K account up to the first $7,000. You...
more
npv and irr
An electric utility is considering a new power plant in northern Arizona. Power from the plant would be sold in the Phoenix area, where it is badly needed. Because the firm has received a permit,...
more
Finance Payback
11/30/13
Project payback
Project K costs $55,000, its expected cash inflows are $12,000 per year for 11 years, and its WACC is 12%. What is the project's payback? Round your answer to two decimal places
Finance Mirr
11/30/13
Modified internal rate of return
Project X costs $1,000, and its cash flows are the same in Years 1 through 10. Its IRR is 18%, and its WACC is 12%. What is the project's MIRR? Round your answer to two decimal places
Finance Discounted Payback
11/30/13
Discounted payback
Project K costs $55,000, its expected cash inflows are $13,000 per year for 8 years, and its WACC is 7%. What is the project's discounted payback? Round your answer to two decimal places.
Finance
11/10/13
The formula for calculating the amount of money returned for an initial deposit into a bank account or CD (certificate of deposit) is given b
A is the amount of the return.P is the principal amount initially deposited.r is the annual interest rate (expressed as a decimal).n is the number of compound periods in one year.t is the number...
more
Still looking for help? Get the right answer, fast.
Ask a question for free
Get a free answer to a quick problem.
Most questions answered within 4 hours.
OR
Find an Online Tutor Now
Choose an expert and meet online. No packages or subscriptions, pay only for the time you need.