Q: You want to purchase a new car in 7 years and expect the car to cost $68.000. Your bank offers a pla...
A: Payment per period can be calculated using PMT function in excel. PMT(rate, nper, pv, [fv], [type]...
Q: Calculate the length of time that $500 monthly payments pays off a loan of $100,000 at i=.002/month....
A: Monthly payment (P) = $500 Loan amount (PV) = $100,000 Monthly interest rate (r) = 0.002 Number of m...
Q: How can effective APR differ from nominal interest? A. Effective APR takes loan fees into account, w...
A: Nominal interest rate is the stated interest rate on a loan. It is the interest rate which does not ...
Q: A $10000 15-year bond is priced to yield at 12% compounded quarterly. It has quarterly coupons of $2...
A: Face Value = $10,000 Time Period = 15 Years Yield = 12% compounded quarterly
Q: Jungkook purchased a new car under these terms: 800,000 php downpayment and 17,500 php each month fo...
A: Cash price is the price that will include the downpayment plus the present value of the loan.
Q: What amount is needed to invest today by a man if he wants to receive quarterly cash out of Php 4962...
A: Formula Present value = P*(1-1/(1+i)n)/i Where P = Quarterly cash out i.e. Php 49623 i = Quarterly i...
Q: Brandon purchased a car using a 5-year car lease at 5.80% compounded quarterly that required her to ...
A: The cost of the car can be calculated by adding the downpayment and present value of the loan paymen...
Q: Cheese factory is paying a regular cash dividend of $5.04 per share each year. The company has outst...
A: Total amount available for paying cash dividend = Outstanding shares x Cash dividend per share ...
Q: You are considering two ways of financing a spring break vacation. You could put it on your credit c...
A: Given: Particulars Rate Credit card rate 14.000% Interest rate 10.00%
Q: O Preferred equity is a separate component of WACC. O There is a tax shield on the equity dividends ...
A: There is debt used in the capital structure of company debt have advantages of interest tax sheild d...
Q: Which of the following procedure is designed to prevent the company from ordering unnecessary items?...
A: D) Approval of purchase requisitions is the procedure designed to prevent the company from ordering ...
Q: Based on SME’s financial statements, what is its current ratio? [Calculate to 2 decimal points XX.XX...
A: Since you have posted a multiple question so we will be solving the first question only. However if ...
Q: sub=26(Determine the promissory note to amortize (pay off) a $150,000 mortgage at 5.99% APR compound...
A: Given: Particulars Amount Mortgage amount(PV) 150000 APR 5.99% Year 15
Q: Pina Co. has the following defıned benefit pension plan balances on January 1, 2020. Projected benef...
A: Given information is represented in the form of a table below,
Q: Assets (in KD) Liabilities (in KD) 20000 Accounts Cash 80000 payable Accrued Accounts receivable Inv...
A: The question is related to Ratio Analysis. The Average Collection Period is calculated with the help...
Q: why is knowledge of the money market important for carrying out value maximizing working capital sho...
A: The money market is important for the organizations and the government to keep a smooth cash flow op...
Q: You borrow $5000 now and agree to pay this whole amount back in three payments: Payment 1. $X in 3 m...
A: Amount borrowed (B) = $5000 P1 = X in 3 months P2 = 2X in 7 months P3 = 2X in 12 months
Q: A pair of scissors is originally priced at P55 is marked 25% off. What is the sale price?
A: To increase the sales of companies provide discount to the sales prices and these discounts increase...
Q: The following alternatives are mutually exclusive.Which one should be selected if MARR is 12% per ye...
A: MARR = 12% Time Period = 5 Years
Q: Calculate the amount of money Dylan had to deposit in an investment fund growing at an interest rate...
A: Interest rate = 2% Annuity amount = $11,000 Time period = 2 years
Q: You just leased a Honda Civic that sells for $25,350. The terms of your lease you to make 60 payment...
A: The payment are done monthly that includes the interest and payment of the loan.
Q: Regarding the trade-off theory, a firm would reach its optimal capital structure if the tax savings ...
A: Capital Structure is the break-up of total amount of funds raised by entity to finance its operation...
Q: Regarding the trade-off theory, capital structure is a trade-off between: O tangible and intangible ...
A: The capital structure refers to the mix of various available sources of capital which is used by a f...
Q: How much interest is earned in 4 years on P12,000 deposited in an account paying 4% compounded semi-...
A: Interest earned = Future value - Present value
Q: You decided to purchase a new appliance by borrowing $1,500 using Home Credit Product Loan which cha...
A: Loan amount (PV) = $1500 Interest rate = 18% Monthly interest rate (r) = 18%/12 = 1.50% Period = 3 Y...
Q: Select one:
A: Commissions are an important part of sales compensation.It is the money a seller earns according to ...
Q: John Doe currently has $12,000 and decides to make a 4-year investment, which is compounded semiannu...
A: Concept. Formula of future value F = P ( 1+ i)t Where , F = future value P = principal amount i = i...
Q: In honor of International women's day, How do you feel empowered as a woman in the field of finance?
A: Finance is referred as the process of raising the capital or funds for the different kind of expendi...
Q: Compute the maximum value of the utility function U(x, y, z) = 2xyz, subject to x +4y + 4z = 108. %3...
A: Given , u = x y z subject to x+4y+4z=108 x = 108-4y-4z Then u = 108 - 4y-4zyz= 108yz-4y2z-4yz2Diffe...
Q: Suppose that 6-month, 12-month, 18-month, 24-month, and 30-month aero rates are 4 42 4.4% 4.6, nd 4....
A: Answer - Bond price is the present discounted value of future cash flows i.e. coupon amount and Mat...
Q: What part of P2,000 is P 800?
A: Concept Percentage is number or ratio expressed as fraction of 100. Percentage can be calculated by...
Q: Describe the widely used currency derivatives.
A: Currency Derivatives: These are the contracts that generate their value from their underlying asset...
Q: Paul wants to accumulate P150,000 in order to make the down payment for a new car. He plans to inves...
A: It can be calculated using =NPER(rate,pmt,pv,[fv],[type]) Rate The interest rate for the loan. Npe...
Q: XYZ corporation has never paid dividend but will start paying its first dividend from next year. It ...
A: Dividend in Year -1 is $2 Growth rate in Year -2 is 15% Growth rate in Year -3 is 18% Required rate ...
Q: Katy invests $13,000 at 6% simple interest for 38 years. Round your answers to the nearest cent. How...
A: Principal Amount = $13,000 Interest Rate = 6% Time Period = 38 Years
Q: Sheet 5 Use Sheet 5 to complete the following Date GOOG Return NFLX Return Market Return Risk-Free...
A: Numbers that describe the data: Numbers that describe the data are typically single numbers like av...
Q: Estimate the weighted-average cost of capital for Home Depot (HD), Altria (MO), Caterpillar (CAT), a...
A: Risk Free Rate = 1.94% Stock Market Return = 5.4%
Q: Would be necessary for equipment. The annual revenues and expenses are expected to be $38,000 and $1...
A: B/C ratio is ratio of present value of benefits to initial investment and if B/C B/C ratio is more t...
Q: What does empirical evidence suggest about the distribution of gains from mergers? Shareholders of t...
A: Gain from merger can be calculated by analyzing the change in the total equity value of company betw...
Q: Determine the principal remaining after 36 monthly payments have been made for a 5-year loan of P40,...
A: Loan (L) = P 40000 n = 5 years = 60 months Interest rate = 8% quarterly compounded Let r = Monthly i...
Q: 7. In a small stock market, there are three assets. The corresponding covariance matrix and the expe...
A: Expected return on portfolio With three assets, the expected return on portfolio is calculated as sh...
Q: Describe Schneider and Shiffrin’s experiment that demonstrated automaticprocessing. What are some re...
A: The situation can divide one's attention. The level of attention divided is determined by the tasks ...
Q: Calculate the inventory period of Havells Ltd with an annual cost of goods sold of $8 million, $1.5 ...
A: Inventory days can be said as the number of days an item of inventory is held in a company. It is a ...
Q: 2. A financial manager must choose between three alternative investments. Each asset is expected to ...
A: Wealth maximization is the concept of maximizing the value of the shares held by the shareholder, to...
Q: Sixty monthly deposits are made into an account paying 8% nominal interest compounded monthly. If th...
A: Payment per period can be calculated using PMT function in excel. PMT(rate, nper, pv, [fv], [type]...
Q: younger brother's savings account, with the first deposit being made on your brother's fifth birthda...
A: The present value is the amount without interest and future value is the amount with accumulated int...
Q: A home worth $ 1,000,000.00 will have a 70% loan at an annual mortgage rate of 8%, with the remainin...
A: Concept :- Cash on cash return It is a rate of return which calculates cash income earned on cash in...
Q: Which do you prefer: a bank account that pays 5.3% per year (EAR) for three years or a. An account t...
A: Here, Current EAR is 5.3% per year Time Period is 3 years Case-a: When interest rate is 2.9% every s...
Q: A 5-year project will require an investment of $100 million. This comprises of plant and machinery ...
A: Formula's Calculations: Therefore; WACC is 6.24%
Q: Which alternative offers you the highest effective rate of return?
A: Investment appraisal is the method of evaluating and selecting investments from various investment o...
If i put in $500 a month which pays daily interest rate of 1% p.a., how much will I have at the end of 1 year?
Step by step
Solved in 2 steps with 2 images
- You want to invest $8,000 at an annual Interest rate of 8% that compounds annually for 12 years. Which table will help you determine the value of your account at the end of 12 years? A. future value of one dollar ($1) B. present value of one dollar ($1) C. future value of an ordinary annuity D. present value of an ordinary annuityYou would like to save $250,000 for retirement. If you are planning to retire 30 years from now, how much should you deposit each month into an account that pays 7.2% interest compounded monthly? What is the total interest earned?Suppose you put $ 600 a month for retirement into an annuity earning 7.5% compounded monthly. If you need $ 550000 to retire, in how many years will you be able to retire?
- How much money do I need now if I am going to recieve $5000 every 6 months (starting in 6 months) for 10 years if the interest rates are 4%/a compounded semi-annually?Suppose you want to have $600,000 for retirement in 20 years. Your account earns 5% interest.a) How much would you need to deposit in the account each month? b) How much interest will you earn?If I deposit $1k a year into an account for 10 years @ 2%, what is the future value of that account?
- Suppose you want to have $600,000 for retirement in 20 years. Your account earns 6% interest.a) How much would you need to deposit in the account each month?$b) How much interest will you earnWhat will your monthly payment be if you have a 5% interest rate and a term of 20 years? How much will you pay for your college education? How much of that is interest? If the yearly payment is $17000Suppose your opportunity cost (interest rate/year) is 11% compounded annually. How much must you deposit in an account today if you want to pay yourself $230 at the end of each of the next 15 years? How much must you deposit if you want to pay yourself $230 at the beginning of each of the next 15 years?
- Suppose you want to have 800000 for retirement in 35 years. Your account earns 5% interest. hoe much would you need to deposit each month? how much interest will you earn?How much money will you have available to you after five years if you put aside $100.00 a month in an account that gives you 6.75% interest compounding monthly?You are going to receive a payment of $80 at the end of each year for the next 12 years. If you invest each of those amounts at the same interest rate, then what annual compound interest rate must you earn in th order to have $1,930.65 at the end of the 12 year?