1,236 Answered Questions for the topic finance

Are there any consequences (direct or indirect) to others when you use or benefit financially from owning a credit card?

Are there any consequences (direct or indirect) to others when you use or benefit financially from owning a credit card? Identify two other individuals or groups and explain how/why for each.Please... more
Finance

06/07/22

Do you see anything wrong with this business and if yes, please specify?

Upon verification of a company you receive information from the applicant regarding the Nature of their business. You understand that the company works in the field of vehicle leasing and that they... more
Finance

06/06/22

Should a company that boast of high profits be given tax incentives that would allow them to not pay corporate taxes?

Enron paid no corporate taxes in four of the last five years even though in March 2000 it was rankedthe sixth largest energy company in the world.
Finance

06/02/22

Annual Interest Rate

What annual interest rate would you need to earn if you wanted a $1,000 per month contribution to grow to $84,500 in six years?
Finance

06/02/22

Future Value of Multiple Cash Flows

Assume that you contribute $180 per month to a retirement plan for 15 years. Then you are able to increase the contribution to $380 per month for the next 25 years. Given a 9.0 percent interest... more
Finance

06/02/22

Compounding and Future Value

A deposit of $270 earns the following interest rates: 8 percent in the first year.6 percent in the second year.5 percent in the third year. What would be the third-year future value?
Finance Math Mathematics

05/31/22

Daniel received a loan of $51,000, 7 years ago.

Daniel received a loan of $51,000, 7 years ago. The interest rate charged on the loan was 4.68% compounded quarterly for the first 6 months, 5.55% compounded semi-annually for the next 2 years, and... more
Finance Math Mathematics

05/31/22

The maturity value of a savings account that belonged to Peach Company was $50,033.50.

The maturity value of a savings account that belonged to Peach Company was $50,033.50. The interest charged for the first 5 years was 5% compounded semi-annually, and 3% compounded quarterly for... more
Finance

05/19/22

Money apps for education

If two billion people give five hundred dollars to every one of nine million people? How much is that total?

05/07/22

How to figure out bond yields

What would the yield be on a 1.75 percent, $1,000, 10-year Treasury bond if the market price of the bond was $950?

05/05/22

Research mcdonalds online and determine if/how they automate and/or outsource their labour. List a few bullet-points with your findings below:

Research your company online and determine if/how they automate and/or outsource their labour. List a few bullet-points with your findings below:

05/04/22

How long it will take to double an investment if rate of return is 10% compounded monthly?

 How long it will take to double an investment if rate of return is 10% compounded monthly?

05/04/22

Find the Principal Value of an Investment

  An investment sum up to $10,000 in 6 months, which pays 5% compounded semi-annually. What is the principal value?

04/30/22

How the money multiplier changes the M1 and M2

Hello,I would like to know if my answer to the question below is correct:Question: How much does M1 and M2 change in the following situations?$500 is transferred from a checking to a savings... more
Finance Algebra

04/28/22

How much will Kimberly's minimum monthly payment increase if she still wants to pay off her credit card in 16 months?

Kimberly has a credit card with a 19% APR and a balance of $4,350. With her current monthly payment, Kimberly will be able to pay off the credit card in a mere 16 months. But when Kimberly's car... more
Finance Algebra

04/28/22

how much has Jennifer lowered her minimum monthly payment?

Jennifer has a credit card balance of $4,350 that comes with a 19% APR.  She would like to have the balance paid off in the next 8 months, but she is having trouble making the monthly payments... more

04/28/22

How to find the difference between cash and savings

Basically, I am trying to find what percent savings accounts for in this problem. However, I am stuck on what actually constitutes as "savings."Question Image Link: https://ibb.co/kJMtNgLObviously,... more

04/27/22

Assuming annual interest rates of 3.6%

Assuming annual interest rates of 3.6% a) find the present value of a £700,000 payment you would receive in 7 years’ time. b) find the future value in 7 years’ time of £50,000 received now. Round... more

04/26/22

How to find the amount of excess reserves a bank holds

How can I figure out how much excess reserves this bank holds with the given balance sheet? I understand that the you have to subtract the required reserves from the reserves held to get the excess... more
Finance Algebra

04/25/22

how much additional monthly income would he require from his raise to pay off the credit card in 11 months?

Bobby has a credit card with a current balance of $3,200 and a 15% APR. With his current monthly payment, he will be able to pay off this debt in 16 months. But Bobby just learned that he is... more
Finance Math

04/19/22

STRATEGY 1: SAVINGS EARLY PLAN

Assume that you are 22 years old and started saving for retirement on January 1, 2022. You plan to retire on December 31, 2064, when you are 64 years old. There are 43 years from the time you... more

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