Read the problem carefully and use UPS Check to solve the problem. Show your mathematical thinking and record your final solution. Part of the agreement between your spouse and yourself for purchasing a larger house than you could currently afford was that you would build a garden and sell produce to make some extra money. Your plan is that the garden proceeds will cover 20% of your $1,500 mortgage payment for four months during the year. The Homeowner association has recently reinforced that food-production' space must be in the backyard and may not consume more that 20% of the backyard. If your backyard is 60' x 130', how many dollars per garden square foot will you need to average per production month in order to meet your planned mortgage reduction? Your answer: $1.35 per square foot O $0.96 per square foot $0.38 per square foot $0.19 per square foot

Instructions Sally owns the East End Pizza Shop. She has been so busy and successful; she wants to open a second store called the West End Pizza Shop. She has lined up investors and a bank loan but before she signs on the dotted line, she is going to crunch some numbers. Here is the information that she has compiled: . . . . . The cost of the new store's building is $200,000 The cost of new pizza ovens is $12,000 She will have to spend $50,000 to renovate the new building Sally wants to own the new shop for 5 years at which time she will close up and retire in Florida. In 5 years she expects to sell her business for $215,000 She expects to be able to sell 4,000 pizzas in the first year and 5% more pizzas each subsequent year The price of a pizza is $15.00 and costs $4.50 to make On average she sells 3.2 cans of pop with every pizza The price of a can of pop is $2.00 and costs $0.75 from the supplier Her electricity bill will be $500 per year She will have to pay $20,000 per year for…

You are a young personal financial adviser. Molly, one of your clients approached you for consultation about her plan to save aside $450,000 for her child’s higher education in United States 15 years from now. Molly has a saving of $120,000 and is considering different alternativeoptions:Investment 1: Investing that $120,000 in a saving account for 15 years. There are two banks for her choice. Bank A pays a rate of return of 8.5% annually, compounding semi-annually. Bank B pays a rate of return of 8.45 annually, compounding quarterly.Investment 2: Putting exactly an equal amount of money into ANZ Investment Fund at the end of each month for 15 years to get 330 000 she still shorts of now. The fund is offering a rate of return 7% per year, compounding monthly.Required: d) Calculate the monthly payment Molly needs to contribute to ANZ Investment Fund to get $330,000 after 15 years in Investment 2?

Kaleo has made up his mind—he wants a pool in the family’s backyard! He figures his kids and spouse will be thrilled. However, to cover the cost of the pool, they’ll have to pack up and live away from home for a few weeks during the summer to rent their home to vacationers. He crunched the numbers based on the following estimates. 1. Cost of pool/installation   $50,000 2. Life of the pool (no salvage value)   20 years 3. Annual net cash inflows from renting (net of cash expenses for renting and pool maintenance)   $6,500 4. Tax rate   23% 5. Average rate of return    8% Kaleo’s daughter, Sarah, found the above information written on a sheet of paper in his office, along with the following notes. “This is a no-brainer! We’ll recover the cost of this pool in just 7 years, even though we plan to live here until we’re old and gray, or at least as long as the pool hangs on. If we can rent our house out for just 3 weeks each year, it’ll be almost pure profit that we can put toward paying off…

Please help me.  Thankyou.

I need the answer as soon as possible

Having assessed the changing dietary needs of your town, you are considering investing in a new Italian restaurant which you plan to name Italian Valley Incorporated. The restaurant will feature live musicians, appetizers, and a stocked bar. You are trying to assess the likely profitability of this business venture. Your first step is to prepare a complete capital budgeting analysis for the 5 years you plan to operate the restaurant before you sell it. Having spoken with local vendors, other restaurant owners, bankers, and builders you collected the following data and information about the proposal. You plan to use a building currently owned by your family, however there will be need for some renovation and improvements to the property. Your parents have said that you can use the retail space in any way you wish for free. After checking on local lease rates you determine this space would lease for $75,500 per year. Your family also owns another restaurant downtown. You predict that…

You decide to do some remodeling in the kitchen. Your parents agree to lend you the money, but you insist on paying them interest. The agreement is that they will lend you $8000.00 at a simple interest rate of 2% per year. Once the interest amounts to $480, you agree to pay them back the $8000 plus the $480 interest. After how many months will you have to pay them back? Please answer step by step

In the aftermath of the mortgage crisis, The Johnson family from Old Bight, Cat Island, are considering remodelling their home. They originally wanted to sell their home and move to another area, but news from the Old Bight Sentinal continues to show a decline in real estate values. Their plan now is to improve their home's curb appeal as well as update the interior. They estimate the cost will be $30,000.00. How much must they invest today at 8% interest compounded quarterly in order to have the money they need to remodel in 6 years? 9.

Which of the following sets of Excel entries will correctly solve this problem: Jim paid $138,000 for an old house to renovate. He spent an average of $3,216 per quarter over the next two years as he readied the renovated house for sale. He wants to set the price of the house high enough so that he will earn an annual rate of return of 12% for his investment. Given that information, what price should Jim set on the house?