Financial Planning & Analysis  – provide the class with a vision of what the average students financial future could look like if they incorporated the lessons learned from all of the above projects and all material discussed during the class. Paint a vivid picture of the student’s financial future, providing a detailed 5-year plan for the student post-graduation and a less detailed 10 year plan. Include major life milestones, such as marriage, car purchases, home purchases, student loan payoff timetable, promotions, etc

Q: A parent is now planning a savings program to put a daughter through college. She is 13 and plans to…

A: Present value is the current worth of the expected cash flows that is expected to be spent in some…

Q: After her first finance class in WBS, Samantha started a Twitter campaign to convince Elon Musk to…

A: The internal rate of return can be calculated by dividing the selling price of share with the…

Q: A financial planning service offers a college savings program. The plan calls for you to make six…

A: -16300-163001+R-163001+R2-163001+R3-163001+R4-163001+R5+320001+R6+320001+R7+320001+R8+320001+R9=0

Q: STORY (very similar to what was shown in class): YOU and your BEST FRIEND just graduated from…

A: The future value of the annuity is the future worth of a cash flow series at a certain rate of…

Q: Ali is an intelligent business woman. She makes her investments after a very thoughtful process. In…

A: The Net Present Value (NPV) and Internal Rate of Return (IRR) are capital budgeting techniques.

Q: What is the investment objective for a client who is 57 years old and planning to retire in 5 years?…

A: “Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: Experts agree that the IRR of a college education is about 12%/yr. This results from the increased…

A: IRR means the rate at which the present value of cash inflows and cash outflows are equal. Cash…

Q: Ruth (31) is your new client. She graduated from GBC five years ago. Since then, she has worked hard…

A: Net Worth Calculation of the Net worth is the deduction total assets which are incurred by the…

Q: 6. Calculating Rates of Return Assume the total cost of a college education will be $235,000 when…

A: Annual rate of return = (Future value / Present value)^(1/Time) - 1 where, Future value = $235,000…

Q: Negotiating On College Financial Aid Package As a graduating high school senior, you’ve been…

A: Negotiation is defined as the method or tool, which takes place between two or more parties with an…

Q: You will need to spend money to achieve most of the long-term goals you set in your life. It could…

A: “Since you have posted a question with multiple sub-parts, we will solve the first three sub-parts…

Q: Describe the activities of any small business you know or are familiar with (e.g. physical, online).…

A: Answer: The following are the activities of small business that one should familiar with, they are,…

Q: Tony and Suzie are ready to expand Great Adventures even further in 2022. Tony believes that many…

A: Introduction: Bad debt expenses: Bad debt expenses: Bad debt expenses refer to the loss that arise…

Q: or Formula Approach) You want to begin saving for your daughters college education and you estimate…

A: Given information :

Q: What are the investment plan that are advisable for beginners in a span of 1 year? Give some…

A: Answer:-  Investment meaning:- An item bought or invested in to grow wealth and save money through…

Q: Financial Planning A young couple has $25,000 to invest.As their financial consultant, you recommend…

A: Solution- (A) We assume that the couple invest $xto Treasury bills. $y to corporate bonds,  and $z…

Q: Use the savings plan formula to answer the following question. Your goal is to create a college fund…

A: Payment per period can be calculated using PMT function in excel.   PMT(rate, nper, pv, [fv],…

Q: Business and engineering seniors are comparing methods of financing their college education during…

A: The question is based on the concept loan and interest calculation by use of future value method.

Q: The Millers would like to have a $30,000 education fund for their son Vincent, who is now three…

A: Present Value refers to the discounted value of a single cash flow or multiple cash flows today…

Q: college fund. It the total cost of education will be $325,000 and you want to have this amount when…

A: Information Provided: Present value = $55,000 Future value = $325,000 Term = 16 years Payment = $0

Q: You just started working as a fresh graduate and you have ghc10,000 to invest to enable you  start…

A: Introduction :- From the earnings from the job that is just started and to invest for the buisness…

Q: show working using both a financial calculator and spreadsheet. after, show answer rounded off to…

A: Dear student, this question is asking about the annual contribution, here to calculate the annual…

Q: YOU and your BEST FRIEND just graduated from college. You both went to the same college and majored…

A: According to the question we need to calculate the total amount invested in the account by your own…

Q: A high school student counselor for college education advises a senior that if she attends a private…

A: Internal Rate of return is the discounting rate at which the present value of inflows is equal to…

Q: (Quantitative Question) Suppose that a young couple has just had their first baby and they wish to…

A: A study that proves that the future worth of the money is lower than its current value due to…

Q: Required information [The following information applies to the questions displayed below.] Tony and…

A: Journal Entries - Journal Entries are the recording of transactions of the organization. It is…

Q: QUESTION: You are 20 years old and have completed your BBA and want to pursue further education but…

A: This question have 4 sub-parts, we solve only first 3 parts. If you want answer for remaining part…

Q: Mustafa Kurtulmuş has always been proud of his personal investment strategies and has done very well…

A: Given: The expected return on Certificate of deposit would always remain 9%, no matter whta is the…

Q: One aspect of obtaining an engineering education is the prospect of improved future earnings in…

A: IRR is the rate of return a project generates through its lifetime expressed in annual terms. It is…

Q: Provide at least 10 tips you want to give to college students regarding investments.

A: An investment is the use of capital today in order to grow its worth over time. An investment is…

Q: Studies concluded that college graduation is a very good investment. Suppose a college graduate…

A: Expected value of college graduation can be found using the earnings average and percentage given.…

Q: Calculate net present value (NPV) and internal rate of return (IRR) of both the investments.

A: Net present value (NPV) is the difference between the present value of cash inflows and the present…

Q: Ali is an intelligent business woman. She makes her investments after a very thoughtful process. In…

A: Investments are the methods that are used by individuals and corporations for parking their money…

Q: For the next problem, I am going to explain a scenario and you need to state True OR False. You will…

A: given information initial investment = $7500 two options 1) monthly compounding at 3.5% 2)…

Q: Static Budget Actual Results New loans originated 8,000 11,040 Average amount of loan 2$ 152,000…

A: Budgeting is an important part of the business process. Without budgeting a business cannot track…

Q: STORY (very similar to what was shown in class): YOU and your BEST FRIEND just graduated from…

A: FUTURE VALUE OF ANNUITY FORMULA: FVA=A×1+rn-1r where, A=annuity r=rate of interest n=number of years…

Q: What is the expected cost of college in each of the 4 years?

A: Since there are more than one ques in a single it is possible to do one part.

Q: Divide your class into groups of three to four persons and spend 10 minutes on the following…

A: Payback period determines the time period which a project will take to recover its cost.

Q: CASE STUDY: Tanya wants to open her own pet grooming business after she graduates from high school.…

A: Future value of saving includes the deposit being made but also compound interest being accumulated…

Q: After completing successfully your FIN203 course, you have been asked by many of your family and…

A: Future value is the value an investor is estimated on the basis of change in the market rate of…

Q: E2. A 41-year-old consulting engineer wants to set up a retirement fund to be used starting at age…

A: Amount deposited now (D) = $20000 n = 65 years - 41 years = 24 years r = 6%

Q: A college savings education plan claims that had you invested $375 per month in the plan for the…

A: The accumulated value at the end of 16 year consist accumulated value of all individual monthly…

Q: Complete the investment chart based on the facts given for each situation. Assume each person is…

A: Here discuss about the details of share of annual income to retirement benefit plan either for…

Q: if you were to picture yourself 10 years from now in a profession of your own choice how would you…

A: Personal finance involves financial management on a personal level and will include different…

Q: Determining future value David is entering high school and is determined to save money for college.…

A: Future value is the amount of money you will have in the future if the money is invested at r% rate…