Personal Finance (8th Edition) (What's ...8th EditionArthur J. Keown Publisher: PEARSONISBN: 9780134730363
Personal Finance (8th Edition) (What's ...
Solutions for Personal Finance (8th Edition) (What's New in Finance)
Browse All Chapters of This Textbook
Chapter 1 - The Financial Planning ProcessChapter 2 - Measuring Your Financial Health And Making A PlanChapter 3 - Understanding And Appreciating The Time Value Of MoneyChapter 4 - Tax Planning And StrategiesChapter 5 - Cash Or Liquid Asset ManagementChapter 6 - Using Credit Cards: The Role Of Open CreditChapter 7 - Student And Consumer Loans: The Role Of Planned BorrowingChapter 8 - The Home And Automobile DecisionChapter 9 - Life And Health InsuranceChapter 10 - Property And Liability Insurance
Chapter 11 - Investment BasicsChapter 12 - Investing In StocksChapter 13 - Investing In Bonds And Other AlternativesChapter 14 - Mutual Funds: An Easy Way To DiversifyChapter 15 - Retirement PlanningChapter 16 - Estate Planning: Saving Your Heirs Money And HeadachesChapter 17 - Financial Life Events—fitting The Pieces Together
Sample Solutions for this Textbook
We offer sample solutions for Personal Finance (8th Edition) (What's New in Finance) homework problems. See examples below:
The following financial strategies should be adopted for sound financial planning: Minimize your...Personal balance sheet of L: Assets (What You Own) Particulars Amount ($) A House 90,000 B...Personal balance sheet of F: Balance Sheet of F Assets (What You Own) Particulars Amount ($) A...Given, Investment in the diversified equity portfolio is $250,000. Return on investment is 8%....Standard deduction from the income would be 12,700 for tax payable in 2017 for married filing...Characteristics of liquid assets are as follows: These assets can be quickly converted into cash...Features and fees, Annual percentage rate (APR): APR is the actual simple interest paid over the...Bank loan: Monthly payment: Given, PV is $1,500. i is 14%. n is 1 years. m is 12. The formula to...Given, Total repayment in one year is $4,281.12. Property taxes are $300. Sales taxes are $450....
Monthly local real estate tax: Given, Real estate tax rate is 0.91%. Number of months is 12....According to 28%: Total interest paid: Given, Total repayment is $644,400. PVis $374,935.62. Formula...The major provisions of the act are, Wide coverageIncreased quality of health careNone...HO-3 is a homeowner’s insurance in which the coverage included are, Part A is related with dwelling...a. Certificate of deposit certificates of deposit are the deposits that are purchased by large...Given, Number of shares purchased is 250. Price per share is $40 Margin is 505. Formula to calculate...Given, Money invested is $2,000 per year. Number of years is 40. Tax rate is 15% The average rate of...Given, Number of shares is 200 shares. Price per share is $90. Formula to calculate value of...Given, Earnings/revenue is $1,500,000. Value of assets is $7,000,000. Value of liabilities is...Given, Change in S&P 500 index is 15 percent. Beta of stock of S. Corp. is 0.70. Formula to...Given, Rate is 88.375%. Par value is $1,000. Formula to calculate purchase price, Purchase...Formula to calculate value of bond is, P=[∑t=1nCt(1+i)t]+FV(1+i)n……..(1) Where, P is value of bond.C...The foremost advantage of mutual funds is that they diversify the money of the investors to buy...Purchase of electronic trade funds (ETF) is relatively cheaper as compared to the regular mutual...Initial commission for class A Given, Front end load is 5.5, Worth of the asset is $2,500 Formula to...Given, Shares worth is $10,000. Return before fee is 12%. Class A Initial commission paid to A is...Given, Initial purchase amount is $10,000. Initial purchase date is 1stJanuary. Initial purchase...If a person is an employee and not self employed, then the employee and the employer make a...Given, Current salary is $50,000. The formula to calculate annual needs is, Annual needs=Current...Given, The amount of current expenditure is $67,000. The formula to calculate annual need is, Annual...K is a recent college graduate, who owns few assets that too in joint ownership with her parents, so...Given, Value of assess at the time of M’s death is $8,600,000. Cost of her funeral is $18,000....Given, Value of gift is $24,000. A sum of $24,000 is gifted to grandchild by his grandparents for...Given, For the maturity period of 40 years the value can be calculated using the following values:...
More Editions of This Book
Corresponding editions of this textbook are also available below:
PERSONAL FINANCE-MYFINANCELAB W/ETXT
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