Your employer pays 70% of your total insurance premium of 8000 per year. How much do you pay as an employee? a. $2,400 b. $6,120 c. $5,600 d. $62 a paycheck
Q: You deposit $100 in an account earning 4% coumpound interest for 5 years. Find the future value and…
A: Future Value: It represents the future worth of a present amount and is estimated by compounding…
Q: For the credit card account, assume one month between billing dates and interest of 1.6% per month…
A: Here, Interest Rate is 1.6% per month on average daily balance
Q: 1. Loan Amount 2. monthly payment on a 30 year loan (use pmt) 3. total interest paid over the life…
A: Loan Payments: These are periodic & regular payments made by the borrower to the lender for…
Q: Explain how and why an increase in each of the following affects the prices of both call and put…
A: The option is a financial instrument based on the value of underlying securities such as stocks and…
Q: A project has annual cash flows of $6,000 for the next 10 years and then $10,500 each year for the…
A: Present value of annuity is the current value of the future payments that are calculated using the…
Q: rs has a target capital structure of 35% debt and 65% common equity, with no preferred stock. The…
A: WACC is weighted cost of capital considering the weighted after tax cost of debt and weighted cost…
Q: Three banks in a town quote the following nominal interest rates: Bank A pays interest on savings…
A: Solution:- Annual Percent Rate (APR) or effective annual rate means the net interest rate for the…
Q: Find the finance charge on June 4 for the data given below. There is a previous balance of $230 (on…
A: Finance charge is an additional amount which is charged on borrowed amount on the basis of time and…
Q: LO3 Explain how to set a bid price for a project. LO4 Evaluate the equivalent annual cost of a…
A: The quoted price of a project is known as the bid price. It is decided by the management on the…
Q: d help with this multiple st
A: Option is in the money only when exercise price is less than current market price.
Q: Libertine Co. issued $10,000,000 of 9%, 10-year, convertible bonds on January 1, 2020. Interest is…
A: No of shares were issued as a result of the conversion: Given, each $1,000 bond is convertible into…
Q: A couple wishes to borrow money using the equity in their home for collateral. A loan company will…
A: Concept. Home equity value = appraised value - balance of mortgage after the…
Q: Debt to Assets ratio? Current assets $22400 Net income $44500 Stockholders' Current liabilities…
A: Debt to assets ratio is computed by dividing the debt amount by the total assets amount. It is a…
Q: The present value of £100 that I receive in three years' time is about £86. Select one: O True O…
A: Present Value refers to the discounted value of a single cash flow or multiple cash flows today…
Q: A piece of equipment has a first cost of $165,000, a maximum useful life of 7 years, and a market…
A: The estimated span of time that an asset will be beneficial to the average owner is referred to as…
Q: If you have $1,000,000 but you have to use it in the next 6 months. SPOT RATE 1S =30.50-31 B 6MTH…
A: Spot and Forward Rates: The spot rate is the exchange rate that is currently prevailing for a…
Q: Consider the 4 investments shown. Which of these are simple investments? Net Cash Flow for Project B…
A: Capital budgeting: Capital budgeting is the technique used for analyzing the investment in long term…
Q: Cost of goods sold :- Sales - gross profit = 1000000 - 400000 = 600000 Calculation of total…
A: Here, To Find: Analysis and Interpretation =?
Q: ali business with 780000 is expected to grow at 10% per year compounded annually for the next 4…
A: Expected future value can be defined as the value of the fund over a future time period with respect…
Q: Finance Suppose Wesley Publishing's stock has a volatility of 55%, while Addison Printing's stock…
A:
Q: The housing market is crazy right now! Sierra bought her condo for $250,000, 5 years ago. She paid a…
A: A mortgage is a loan on a property where the property itself is used as collateral.
Q: The Monetary Base of the Bank of Canada includes
A: In the world of finance and banking monetary base is also known as M0. Bank of Canada is the central…
Q: Stock price can only move up or down until option expiration (two outcomes). Prices of up (down)…
A: Price of the Securities = $1 The payoff with the Up scenario = 4 The payoff with down scenario = 10…
Q: You are evaluating a project that will cost $543,000, but is expected to produce cash flows of…
A: Solution:- Payback period means that time period when the initial investment of the project gets…
Q: Compute the cash payback period for each project. (Round answers to 2 decimal places, e.g. 10.50.)
A: Payback Period: It is the period in which the project returns its initial outlay or cost. A project…
Q: An summary of how you would allocate people and money to the WBS's operations should be provided.
A: Work breakdown structure is referred as the description of the work, which used done regarding the…
Q: Required information The Chapter 14 Form worksheet is to be used to create your own worksheet…
A: Concept. NPV. It is capital budgeting technique used to evaluate performance of projects. If NPV is…
Q: e works in finance for a small manufacturing company and is working on next year’s budget. She has…
A: Company has to make the financial planning for need of funds for the short term and also long term…
Q: Backyard Company is expected to pay a dividend of $1.4 per share in the coming year. The required…
A: The current price of the stock can be calculated as per the dividend discount model
Q: Suppose a company’s equity is currently selling for $37 per share and that there are 2 million…
A: The proportion of weightage obtained from the Equity stock capital source is the weight of Equity…
Q: How much money can he receive on his 18th birthday, if he decided to withdraw all the money at once?
A: Time value of money (TVM) refers to the method used to measure the amount of money at different…
Q: arbitrage profit can an investor earn
A: Spot rate (S) : 1 EUR = 1.3694 CAD 1 year Forward rate (F) : 1 EUR = 1.3335 CAD Interest rate: rEUR…
Q: sales increase from P80,000 per year to P140,000 per year, and if the operating leverage factor is…
A: Percentage increase in net operating income= Percentage increase in sales ×operating leverage…
Q: ie inte ernational Monetary Fun (IMF) and the World Bah (WB) have similarities except: O a. Share…
A: World Bank(WB) and International Monetary fund(IMF) are both international agencies having…
Q: After-tax cost of capital 8% Tax rate 28% Assume depreciation is calculated on a straight-line…
A: Net present value is the difference between Present Value of cash Inflows and Initial Investment…
Q: Cool Runnings Corp. plans to construct a building after 5 years. The Chief Financial Officer…
A: We need to use present value formula to calculate the amount of cash need to invested today. Present…
Q: (a) Evaluate the projects using each of the following criteria, stating which project(s) DEVCON…
A: Payback Period: It is the period in which the project returns its initial cost. Hence, the lower…
Q: CAPITAL BUDGETING AND CASH FLOW ESTIMATION Allied Food Products is considering expanding into the…
A: The internal rate of return (IRR) is the interest rate at which the net present value (NPV) equals…
Q: The nominal yield on 6-month T-bills is 8%, while default-free Japanese bonds that mature in 6…
A: Answer - Forward Rate - A spot rate is the price for an asset that is to be exchanged immediately.…
Q: How long will it take to pay off a loan of $47,000 at an annual rate of 8 percent compounded…
A: Solved using Financial Calculator PV = 47,000 PMT = 650 I/Y = 8/12 = 0.6666666667 CPT N = 99.0104…
Q: What is the unpaid balance after 4 years?
A: The unpaid balance is the remaining principal amount after 4 years. It is the amount remaining to be…
Q: The selection of a right applicant for a vacant position will be an asset to the organization, which…
A: Screening candidates is an important element of a startup's hiring process; it entails going over…
Q: Suppose a businessman is considering the purchase of a business machine that is expected to be…
A: In order to suggest whether machine is profitable or not, we need to calculate NPV of the machine.…
Q: FCOJ, Inc., a prominent consumer products firm, is debating whether or not to convert its all-equity…
A:
Q: A mutual fund has $400 million worth of stock, $500,000 in cash, and $1 million in other assets. The…
A: Mutual funds refer to one type of financial vehicle that pools money from many investors and invests…
Q: A borrower has taken outa 30 year mortgage for $0.000 at an annual rate of 6% a Use the table to…
A: i) Monthly Payment Solved using Financial Calculator PV = -99,000 I/y = 6/12 = 0.5 N = 30 * 12 =…
Q: Venture-capital funding may sometimes be used to fund high-growth small companies. Venture…
A: Venture capitalists can be defined as the investors who tend to invest in high-growth small…
Q: Graphically show a covered call options strategy, including payoff. Explain why an investor may use…
A: A covered call is an option strategy in which an investor have a long position in underlying asset…
Q: What is its cost of common equity? Do not round intermediate calculations. Round your answer to two…
A: In capital budgeting when we are facing two projects and have to decide which of the projects…
Q: A couple buys a $150000 home, making a down payment of 23%. The couple finances the purchase with a…
A: A mortgage is a sum of money acquired from outside sources such as banks for a defined length of…
Your employer pays 70% of your total insurance premium of 8000 per year. How much do you pay as an employee?
a. $2,400
b. $6,120
c. $5,600
d. $62 a paycheck
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
- 1. General Motors offers this employee group term life insurance (GTLI) with a face amount of $100,000, General Motors paid $100 per $10,000 of face amount per year (i.e., $1000) for the GTLI. What will be the yearly personal income tax liability for this employee? a. $0 b. $150 c. $300 d. $15,000 e. $30,000 2. General Motors provides long term disability insurance for this employee. The contract states that this employee will earn $3000 per month ($36,000 per year) if they become disabled. General Motors paid the entire premium cost of $1000 per year. If this employee should become disabled, what would be their yearly personal income tax liability? A. $0 B. $300 C. $900 D. $3600 E. $10,800You have to decide whether or not to participate in the employer match program at your work. If you place 8% of your gross pay into a retirement account, your employer will match it. You plan to retire in 30 years. You expect to earn 6% return on your investment. How much will you have in the account if your average annual gross salary is $50,000? A. $316,232.80 B. $22,973.96 C. $45,947.92 D. $632,465.60 Using the same information as the previous question, assume that you want to increase your portion of the contribution to 10%. The employer will only match up to 8%. How much would you have in this situation? A. $692,523.80 B. $711,523.80 C. $316,232.80 D. $632,465.605. ALGEBRA Ishiro Murakami has $15.60 deducted weekly for family medical insurance. His employer pays 85% of the cost. What is the annual premium?
- 2. David Herbert earns $2,475 a month as a security guard for Baldwin Enterprises. His group medical insurance costs $6,600 a year. The company pays 80% of the cost of group insurance. a. Find the percent paid by David. b. How much is deducted each month from his paycheck for medical insurance? All rights reserved.Assume an employee has a gross pay of $500 and vacation pay is paid out at 4%. How much extra gross pay does the employee receive on their paycheque? Select one: a. $500 O b. $0 c. $20 d. $480Tania's weekly salary is $675.37, pension plan costs her $23.61 and income tax is 15.85% of her pre-pension plan salary. What is her net pay per week (round to the nearest cents)? O a. $544.71 O b. $635.91 O c. $103.30 O d. $548.46 Previous page e Type here to search ASUS
- Q1. Your employer uses a flat benefit formula to determine retirement payments to its employees. The fund pays an annual benefit of $2,500 per year of service. Calculate your annual benefit payment for 25, 28 and 30 years of service.An employee has weekly earnings of $750.00. What is their Canada Pension Plan contribution? O $34.44 O $35.08 O $38.91 O $42.75 Previous Next MarkYou are the wage earner in a "typical family," with $60,000 gross annual income. Use the easy method to determine how much life insurance you should carry. O 60,000 O 120,000 294,000 420,000
- Your gross annual pay is $19 163. Employment insurance premiums are deducted at a rate of 2.25% and Canada Pension Plan premiums are 3.75% based on total earnings. You pay income taxes at a rate of 17% on all amounts over $8131. What is your Net Pay for the year? A) $16 137.78 B) $15 137.78 C) $16 317.78 D) $17 137.78 E) $18 237.78True or False: A SIMPLE IRA allows the employer to contribute up to 25% of earnings into your IRA account. O True O FalseD. benefit ENT OF EDUG ABM BM11SW-lld-2 5. Ms. Ana, a private employee, gets a monthly salary of P25,000.00, rice subsidy of P2,000.00, and a clothing allowance of P1,000.00 per month. How much will be her monthly gross income?