Friday
May 22, 2015

Homework Help: Business: Finance

Recent Homework Questions About Finance

finance
You decide to buy a new home for $101000.00 at 7.5% interest rate. You feel that you can afford $800.00 for a mortgage payment. You make a down payment of $10000.00 How much will you still owe after making payments for one year. Show the mortgage payment schedule with the ...
Thursday, May 21, 2015 at 12:07pm

Finance, Math
You take a short position in one European put option contract, with strike price 100 and maturity six months, on a stock that is trading at 100. The annual volatility of the stock is constant and equal to 25%. The dividend rate is zero. The annual (continuously compounded) ...
Thursday, May 21, 2015 at 10:18am

Finance, Math
The one-year and two-year risk-free rates (yields) are 1% and 1.025%, respectively. Our model of the term structure says that one year from now the one-year interest rate will be one of the following two values: 0.01 or 0.01*u, where u is the up factor. Here, the rates are the...
Thursday, May 21, 2015 at 10:17am

liberal arts math
I have to figure the finance charge per $ 100.00 for a loan of $4500.00 with a finance charge of $1080.00 I don't know what formula to use
Tuesday, May 19, 2015 at 12:33pm

English
1.Which of the following is used when political candidate highlights his or her experience in finance as the basis of a plan for economic recovery? A.Ethos B.Pathos C.Logo***** 2. Identify the sentence that most strongly relies on emotional language. A. It took a lot of work, ...
Tuesday, May 19, 2015 at 10:11am

finance
You buy one share of stock at $30.00, hold it for one year and sell it for $40. IF you receive $2.50 in dividends, what is your return on investment?
Sunday, May 17, 2015 at 1:22pm

Personal Finance
The Hernandez family is experiencing some financial pressures, even though the couple has a combined income of $66,000. Also, their eldest son, Joseph, will start college in only three years. Maria is contemplating going to work full time to add about $25,000 to the family'...
Thursday, May 14, 2015 at 10:26am

algebra - please help!
Dexter purchased a flat screen TV for $3,300. With a down payment of $900,he was able to finance the balance at 8% for 5 years. Find the quarterly payments. A. $601.10 B. $201.83 C. $146.78 D. $826.52
Wednesday, May 13, 2015 at 7:30pm

Honor's Personal Finance
What is the difference between the cost of attending a particular school and the expected family contribution, minus any other financial aid?
Wednesday, May 13, 2015 at 1:40pm

finance
Calculating break-even. Jasmine Gonzales, administrative director of Small Imaging Center, has been asked by the practice members to see if it is feasible to add more staff to support the practice’s mammography service, which currently has 2 analogue film or screen units ...
Wednesday, May 13, 2015 at 7:04am

American Goverment
The nature of campaign finance tends to favor incumbency because (Points : 1) members of Congress can use unlimited amounts of money from the U.S. Treasury for their campaigns. political action committees prefer to give to members who support their interests. members need to ...
Saturday, May 9, 2015 at 11:04pm

finance math
A single person earns a gross biweekly salary of $780 and claims 6 exemptions. What is the person's net pay? a. It is the same as the gross pay. b. It is $11 more than the gross pay. c. It is $11 less than the gross pay. d. It is $13 less than the gross pay.
Wednesday, May 6, 2015 at 11:07am

American Goverment
The British kept imposing new taxes on the colonists because (Points : 1) they wanted to show who was boss. they wanted to oppress the colonies. they needed to finance wars in Europe and provide defenses of the colonies. they wanted the colonists to learn proper respect for ...
Monday, May 4, 2015 at 4:19pm

Global finance
What moves an exhange cross rate in forex?
Sunday, May 3, 2015 at 1:21pm

personal finance
Which of the following is a true statement? A. The dividends-earnings ratio is a key factor that serious investors use to evaluate stock investments. B. The price-earnings ratio for a corporation must be studied for one period only. C. The price-earnings ratio is based on the ...
Thursday, April 23, 2015 at 1:18am

Personal Finance
Most consumer complaints are resolved by: A. legal action. B. assistance from a government agency. C. contacting a company's headquarters. D. returning to the place of purchase. I believe it's C
Tuesday, April 21, 2015 at 8:26pm

Personal Finance
If a person deposited $50 a month for 6 years earning 8%, this would involve what type of computation? A. Present value of a series of deposits B. Future value of a single amount C. Future value of a series of deposits D. Present value of a single amount I believe it's C
Tuesday, April 21, 2015 at 7:27pm

Personal Finance
One aspect of financial planning is to make sure you maintain adequate insurance coverage for your needs. Which aspect of financial planning does this deal with? A. Retirement and Estate Planning B. Spending C. Managing Risk D. Investing I can't decided between A and D
Tuesday, April 21, 2015 at 7:09pm

Personal Finance
The financial planning process concludes with efforts to: A. review and revise your actions. B. create a financial plan of action. C. analyze your current personal and financial situation. D. review the financial plan. I believe its A
Tuesday, April 21, 2015 at 6:49pm

Personal Finance
Blake Williams has done some research and has discovered that economists believe interest rates will rise significantly over the next two years. Blake believes that this will lead to fewer homes being sold and fewer jobs in the banking and mortgage industries. What type of ...
Tuesday, April 21, 2015 at 6:29pm

Finance
Eric Jones develops computer software for a major company. Eric's salary and bonuses total $82,000, but he pays $29,233 in income and social security taxes. If Eric's annual debt repayments are $33,620, what is his debt service-to-income ratio?
Tuesday, April 21, 2015 at 3:01pm

MATH
Really need help with this: You purchase a computer for $875.00 plus 5% sales tax. You decide to finance it through the store's 0% program for 12 months. The terms state that you must pay $100.00/month and that if you miss a payment, you will be assessed a late fee of $39....
Tuesday, April 21, 2015 at 1:21pm

Math
Really need help with this: You purchase a computer for $875.00 plus 5% sales tax. You decide to finance it through the store's 0% program for 12 months. The terms state that you must pay $100.00/month and that if you miss a payment, you will be assessed a late fee of $39....
Monday, April 20, 2015 at 8:09pm

MATH
You purchase a computer for $875.00 plus 5% sales tax. You decide to finance it through the store's 0% program for 12 months. The terms state that you must pay $100.00/month and that if you miss a payment, you will be assessed a late fee of $39.00 plus the interest accrued...
Monday, April 20, 2015 at 12:04pm

Math
You purchase a computer for $875.00 plus 5% sales tax. You decide to finance it through the store's 0% program for 12 months. The terms state that you must pay $100.00/month and that if you miss a payment, you will be assessed a late fee of $39.00 plus the interest accrued...
Sunday, April 19, 2015 at 7:26pm

Finance
how long will it take $3,500 to double when it is invested at 3.8%
Sunday, April 19, 2015 at 2:46pm

business finance
a coy invests 250000 which is expected 2 generate d following cash flow 80000,60000;45000;20000;10000: for 5yrs.wot is d payback period ?
Friday, April 17, 2015 at 3:06pm

Accounting/Finance
Temte Corporation is authorized to issue 1,000,000 shares of no-par common stock and 250,000 shares of 6 percent, $25 par value, cumulative preferred stock. These events affected stockholders’ equity during the first year of operations: 1. 125,000 shares of common stock ...
Friday, April 17, 2015 at 1:03pm

finance
Assume you just deposited ksh 100,000 into a bank account. The current real interest rate is 2%, and inflation is expected to be 6% over the next year. What nominal rate would you require from the bank over the next year? How much money will you have at the end of one year? If...
Wednesday, April 15, 2015 at 5:22am

Corporate Finance
If PV is $45,000 and the Average Rate of Inflation is 3% with 4 years until Retirement, what is the FV?
Monday, April 13, 2015 at 1:36pm

History
As a result of the Industrial Revolution, British and French financiers built up enormous reserves of capital. Seeking to earn high rates of return on their investments, they helped to finance all of the following except: (choose one) a. The Suez Canal in Egypt, which ...
Monday, April 13, 2015 at 7:51am

Finance
Patricia and Joe Payne are divorced. The divorce settlement stipulated that Joe pay $520 a month for their daughter Suzanne until she turns 18 in 3 years. Interest is 18% a year. How much must Joe set aside today to meet the settlement?
Sunday, April 12, 2015 at 9:33pm

business math
Jen purchased a condo in Naples Florida for $699,000. She put 20% down and financed the rest at 5% for 35years. What are Jens total finance charge?
Sunday, April 12, 2015 at 3:39pm

Finance
A bank is willing to give you a Rs1,000,000 home mortgage at 12% interest, compounded semiannually. The loan will be amortised over 25 years, but the interest rate is fixed for only the first 5 years. What is the monthly mortgage payment for the first five years? Rs 1000,000...
Friday, April 10, 2015 at 12:59pm

Finance
A caller informs you that it will take a $70,000 down payment and the investelemt will return $10,000 a year for the next 10 years. He tells you that you that the investment will return 14 percent. If current interest rates are 8 percent, what is the present value of this ...
Thursday, April 9, 2015 at 1:49pm

Finance
P4.3 Assuming you purchased a share of stock for $50 one year ago, sold it today for $60, and during the year received 3 dividend payments totaling $2.70, calculate the following. a. Income b. Capital gain (or loss) c. Total return (1) In dollars (2) As a percentage of the ...
Saturday, April 4, 2015 at 8:47pm

finance
The bonds we discussed in class have positive convexity. What does a bond need to have in order for convexity to be negative? Do you know of such instruments?
Saturday, April 4, 2015 at 1:57pm

finance
You are a risk manager that needs to hedge the IR risk on a portfolio of bonds. Your hedging instruments are futures and swaps. Discuss how you would go about mitigating sensitivity to changes in the interest rates. You may consider either bucketing the risk or using a ...
Saturday, April 4, 2015 at 1:57pm

finance
I give you a flat yield curve from 0 to 4 years: 2%. You have a five year swap contract that pays annually and want to use it to extend the curve to 5 years. How low can the swap par rate go before forward between 4 and 5 years goes negative?
Saturday, April 4, 2015 at 1:56pm

finance
Two bonds A and B have the same yield to maturity. A prices at 90 while B prices at 110. Which one has the higher coupon?
Saturday, April 4, 2015 at 1:56pm

finance
You have a discount bond with a time to maturity of one year. The market price of this instrument is 97%. You want the model price to match it while you build you yield curve with ED futures; the contracts price as follows: 1st = 99, 2nd = 98, 4th =97. What is the price of the...
Saturday, April 4, 2015 at 1:55pm

Finance
The following balance sheet extract relates to the Allied Insurance Company Bonds Payable $1,000,000 Preferred Stock $2,000,000 Common Stock $3,000,000 Additional Information: 1. The bonds are 8%, annual coupon bonds, with 9 years to maturity and are currently selling for 90% ...
Saturday, April 4, 2015 at 11:26am

personal finance
Future value calculations are also referred to as: A. discounting. B. add-on interest. C. compounding. D. simple interest. D?
Friday, April 3, 2015 at 8:14pm

personal finance
PSI, a financial services consultant, estimates that over _____ million U.S. households have a net worth in excess of $1 million. A. 4 B. 5 C. 10 D. 20 D ?
Friday, April 3, 2015 at 7:48pm

personal finance
Money market funds usually offer all the following advantages except: A. higher returns than savings or checking accounts. B. deposit insurance. C. wire transfer privileges. D. check writing privileges. B?
Friday, April 3, 2015 at 7:39pm

personal finance
Which one of the following is not a financial intermediary? A. Security dealers B. Insurance companies C. Real estate investment trusts D. Pension funds D?
Friday, April 3, 2015 at 7:22pm

Please Help me with a Finance - Loan problem
A company borrows $170000, which will be paid back to the lender in one payment at the end of 5 years. The company agrees to pay monthly interest payments at the nominal annual rate of 7% compounded monthly. At the same time the company sets up a sinking fund in order to repay...
Wednesday, April 1, 2015 at 5:00pm

Finance - Loans problem please help
A company borrows $170000, which will be paid back to the lender in one payment at the end of 5 years. The company agrees to pay monthly interest payments at the nominal annual rate of 7% compounded monthly. At the same time the company sets up a sinking fund in order to repay...
Wednesday, April 1, 2015 at 11:44am

Finance - Loans problem
Reiny the answer 307.33 you posted at the bottom is coming up incorrect. please if you can help i would be very grateful. A company borrows $170000, which will be paid back to the lender in one payment at the end of 5 years. The company agrees to pay monthly interest payments ...
Wednesday, April 1, 2015 at 12:12am

Finance - Loans problem
Can someone please explain how this problem is laid out to solve.A company borrows $170000, which will be paid back to the lender in one payment at the end of 5 years. The company agrees to pay monthly interest payments at the nominal annual rate of 7% compounded monthly. At ...
Tuesday, March 31, 2015 at 8:28pm

Finance - Loans problem
A company borrows $170000, which will be paid back to the lender in one payment at the end of 5 years. The company agrees to pay monthly interest payments at the nominal annual rate of 7% compounded monthly. At the same time the company sets up a sinking fund in order to repay...
Tuesday, March 31, 2015 at 8:15pm

math
1. Macon Steinberg purchased a motor scooter with an installment loan that has an APR of 16 percent. The scooter sells for $1,687.00 The store financing required a 20 percent down payment and 30 monthly payments. What was the finance charge? Answer: $69.19 2. Round and ...
Sunday, March 29, 2015 at 4:53pm

math
1. Shawn Fitzgerald finds a suitable property and agrees upon a selling price of $137,900. The mortgage company requires a 20% down payment and Shawn chooses to finance the property for 30 years at 8%. What is the total amount of interest charged, rounded to the nearest whole ...
Sunday, March 29, 2015 at 4:46pm

Math questions
1. Shawn Fitzgerald finds a suitable property and agrees upon a selling price of $137,900. The mortgage company requires a 20% down payment and Shawn chooses to finance the property for 30 years at 8%. What is the total amount of interest charged, rounded to the nearest whole ...
Saturday, March 28, 2015 at 2:03pm

Personal Finance
The global economy seems to be in a debt crisis. The National Debt (what we owe) of the United States is now over $18 Trillion dollars and growing every day. Our Gross Domestic Product (our income) is around $16 Trillion. That means our debt is more than our income. Does this ...
Friday, March 27, 2015 at 2:35pm

Co-operate Finance
As the investment analyst for King breweries you are required to analyze the automated loom system in the Castle larger production line. The old system was purchased 5 years ago for $200,000. It falls in the accelerated cost recovery 5 year class and it has 5 years of ...
Tuesday, March 24, 2015 at 12:00pm

finance
investment requires an initial oulay of 105,000 and will generate cash inflow of 20000 for 11 years. What is the NPV using discount rate of 8%
Monday, March 23, 2015 at 10:35pm

finance
Earnings are expected to grow at 11 percent for the next year. Using the company’s historical average PE as a benchmark, what is the target stock price in one year?
Wednesday, March 18, 2015 at 7:00pm

FINANCE
Below is a list of account balances for Currie Hospital as of December 31, 2013. Prepare a balance sheet as of December 31, 2013, in proper form. (Hint: You will need to compute the net assets account. Assume that all net assets at the beginning of the year are unrestricted...
Sunday, March 15, 2015 at 6:18pm

finance
You want to have $2 million in real dollars in an account when you retire in 30 years. The nominal return on your investment is 8 percent and the inflation rate is 5.3 percent. What real amount must you deposit each year to achieve your goal? (Do not round intermediate ...
Saturday, March 14, 2015 at 4:10pm

Finance
A firm's bond's have a maturity of 10 years with a $1,000 face value, an 8 percent semiannual coupon, are callable in 5 years at $1,050, and currently sell at a price of $1,100. What are their yield to maturity and their yield to call? What return should investors ...
Saturday, March 14, 2015 at 3:08pm

Corporate Finance
Suppose you have been hired as a financial consultant to Defense Electronics, Inc. (DEI), a large, publicly traded firm that is the market share leader in radar detection systems (RDSs). The company is looking at setting up a manufacturing plant overseas to produce a new line ...
Saturday, March 14, 2015 at 10:55am

Finance
Antiques ‘R’ Us is a mature manufacturing firm. The company just paid a dividend of $11.45, but management expects to reduce the payout by 4.5 percent per year, indefinitely. Required: If you require a return of 11 percent return on this stock, what will you pay for...
Wednesday, March 11, 2015 at 5:07pm

Finance
As an investor, you are considering an investment in the bonds of the Conifer Coal Company. The bonds, which pay interest semiannually, will mature in 8 years, have a coupon rate of 9.5% on a face value of $1,000. Currently, the bonds are selling for $872. a. If you required ...
Tuesday, March 10, 2015 at 5:44pm

Finance
The manager for a growing firm is considering the launch of a new product. If the product goes directly to market, there is a 40 percent chance of success. For $171,000, the manager can conduct a focus group that will increase the product’s chance of success to 55 percent...
Sunday, March 8, 2015 at 1:49pm

Finance
We are evaluating a project that costs $670,000, has a five-year life, and has no salvage value. Assume that depreciation is straight-line to zero over the life of the project. Sales are projected at 59,000 units per year. Price per unit is $44, variable cost per unit is $24, ...
Sunday, March 8, 2015 at 1:48pm

Finance
We are evaluating a project that costs $1,120,000, has a ten-year life, and has no salvage value. Assume that depreciation is straight-line to zero over the life of the project. Sales are projected at 64,000 units per year. Price per unit is $50, variable cost per unit is $25...
Sunday, March 8, 2015 at 1:48pm

Finance
You have been hired as a consultant for Pristine Urban-Tech Zither, Inc. (PUTZ), manufacturers of fine zithers. The market for zithers is growing quickly. The company bought some land three years ago for $1.42 million in anticipation of using it as a toxic waste dump site but ...
Sunday, March 8, 2015 at 1:42pm

Finance
Aria Acoustics, Inc. (AAI), projects unit sales for a new seven-octave voice emulation implant as follows: Year Unit Sales 1 87,000 2 100,000 3 114,000 4 109,000 5 90,000 Production of the implants will require $1,660,000 in net working capital to start and additional net ...
Sunday, March 8, 2015 at 1:40pm

Finance
you have to replace a copy machine and you have 2 offers. both offers 3 year leases. offer 1 requires an up-front payment of $1700 with additional payments of $1200 at the beginning of years 2 and 3. The firm is also charged one-half of 1 cent, ($0.005), for each sheet printed...
Saturday, February 28, 2015 at 7:38am

finance
Below are three different pairs of bonds and their recent yields. Pick one pair (pairs are labebed 1, 2 and 3 below) and 1) explain the primary factors that contribute to making the yields of the two bonds in your pair differ. While there may be a single factor, there will be ...
Wednesday, February 25, 2015 at 2:32pm

Finance
Calculate, to the nearest cent, the future value FV of an investment of $10,000 at the stated interest rate after the stated amount of time. HINT [See Example 1.] 5% per year, compounded daily (assume 365 days/year), after 11 years work:10,000(1+0.05/365)^(365)(11)=17331.&#...
Tuesday, February 24, 2015 at 4:21pm

Finance
the existing or current (spot) 1-, 2-, 3-, and 4-year zero coupon Treasury security rates were as follows: 1R1 = 0.30%, 1R2 = 0.90%, 1R3 = 1.30%, 1R4 = 1.45% Using the unbiased expectations theory, calculate the 1-year forward rates on zero coupon Treasury bonds for years 2, 3...
Monday, February 23, 2015 at 3:39pm

Finance
Silva Motors just paid a dividend of $2, i.e., D0 = $2.00. The dividend is expected to grow by 100% during Year 1, by 50% during Year 2, and then at a constant rate of 5% thereafter. If Silva's required rate of return is rs = 12%, what is the value of the stock today?
Sunday, February 22, 2015 at 2:25pm

Finance
You have been living in the house you bought 6 years ago for $250,000. At that time, you took out a loan for 80% of the house at a fixed rate 25-year loan at an annual stated rate of 9.5%. You have just paid off the 72th monthly payment. Interest rates have meanwhile dropped ...
Thursday, February 19, 2015 at 9:24pm

Finance
You are interested in a new Ford Taurus. After visiting your Ford dealer, doing your research on the best leases available, you have three options. (i) Purchase the car for cash and receive a $1,900 cash rebate from Dealer A. The price of the car is $19,000. (ii) Lease the car...
Thursday, February 19, 2015 at 9:09pm

Finance
You are interested in a new Ford Taurus. After visiting your Ford dealer, doing your research on the best leases available, you have three options. (i) Purchase the car for cash and receive a $1,900 cash rebate from Dealer A. The price of the car is $19,000. (ii) Lease the car...
Thursday, February 19, 2015 at 8:32pm

Finance
You have been living in the house you bought 6 years ago for $250,000. At that time, you took out a loan for 80% of the house at a fixed rate 25-year loan at an annual stated rate of 9.5%. You have just paid off the 72th monthly payment. Interest rates have meanwhile dropped ...
Thursday, February 19, 2015 at 8:25pm

Finance
You have been living in the house you bought 5 years ago for $300,000. At that time, you took out a loan for 80% of the house at a fixed rate 20-year loan at an annual stated rate of 9.0%. You have just paid off the 60th monthly payment. Interest rates have meanwhile dropped ...
Thursday, February 19, 2015 at 5:34pm

Finance
Bob bought an 8.5% annual coupon bond at par. One year later, he sold the bond at a quoted price of 98. During the year, market interest rates rose and inflation was 3%. What real rate of return did Bob earn on this investment?
Thursday, February 19, 2015 at 2:32am

Math
Frank paid very well finance rate of 1.5% on the first $500 and 1% at any amount above $500 how much did he pay at the unpaid balance was $741.23
Tuesday, February 17, 2015 at 1:26am

Finance
After deciding to buy a new car, you can either lease the car or purchase it on a 3-year loan. The car costs $32,000. The lease offer is for $450/month for 36 months, with only $99 due up front. If you buy the car with a 3-year loan, the APR is 7% with monthly compounding. You...
Sunday, February 15, 2015 at 9:19am

Finance
If the APR is 7% with monthly compounding, compute the quarterly rate
Saturday, February 14, 2015 at 1:51pm

Finance
You have an investment with 10 semi-annual cash flows of $1000. The first payment is 6 months from today. If the EAR is 11% what is the present value of this investment?
Saturday, February 14, 2015 at 1:46pm

Finance
Gene's Art Gallery is notoriously known as a slow-payer. The firm currently needs to borrow $27,500 and only one company will deal with them. The terms of the loan call for daily payments of $100. The first payment is due today. The interest rate is 21.9%, compounded daily...
Saturday, February 14, 2015 at 1:45pm

Finance
You just acquired a mortgage in the amount of $249,000 at 6.75% interest, compounded monthly. Equal payments are to be made at the end of each month for 30 years. How much of the first loan payment is interest? (Assume each month is equal to 1/12 of a year)
Saturday, February 14, 2015 at 1:42pm

Finance
You are planning to save for retirement over the next 15 years. To do this, you will invest $1,100 a month in a stock account and $500 a month in a bond account. The return on the stock account is expected to be 7%, and the bond account will pay 4%. When you retire, you will ...
Saturday, February 14, 2015 at 1:40pm

Finance
The Joseph Company has a stock issue that pays a fixed dividend of $3.00 per share annually. Investors believe the nominal risk-free rate is 4 percent and that this stock should have a risk premium of 6 percent. What should be the value of this stock? TO compute, use the ...
Monday, February 9, 2015 at 4:49pm

Corporate Finance
Newcastle auto plc has a current cash flow of 4.4 million and pays no dividends. The Present value of the company ´s future cash flows is 74 million. The company is entirely financed with equity and has 800.000 shares outstanding. Assume the dividend tax is zero. ...
Monday, February 9, 2015 at 4:08pm

personal finance
Hal Thomas wants to establish a savings fund from which a community organization could draw $800 a year for 20 years. If the account earns 3 percent, what amount would he have to deposit now to achieve this goal? (Round time value factors to 3 decimal places and final answer ...
Friday, February 6, 2015 at 5:15pm

Finance
Monthly fee $5, check-processing fee of 20 cents, average of 32 checks written per month. Round the answer to the nearest cent.
Friday, February 6, 2015 at 4:00pm

Finance
If you put $10,000 at the end of each year into a savings account that pays interest at the rate of 5 percent a year, how much would you have after 4 years? Use the Appendix B. Round the answer to the nearest cent. Round FV-factor to three decimal places.
Friday, February 6, 2015 at 3:43pm

Finance
Determine the annual net cost of these checking accounts: a. Monthly fee $4, check-processing fee of 20 cents, average of 23 checks written per month
Thursday, February 5, 2015 at 12:00pm

Finance
Your parents are retired and have expressed concern about the really low interest rates they’re earning on their savings. They’ve been approached by an advisor who says he has a “sure-fire” way to get them higher returns. What would you tell your parents ...
Thursday, February 5, 2015 at 11:48am

Finance
Given an interest rate of 6.25% compounded annually, how much would you accumulate if you started with $3,250 and then contributed $1,950 per year (at the end of each year) for 13 years? Is this correct? Calculate each FV and sum? PV1 = 3,250 i = 6.25% N = 13 FV = PV2 = 1,950 ...
Tuesday, February 3, 2015 at 9:59pm

Finance
Given an interest rate of 6.25% compounded annually, how much would you accumulate if you started with $3,250 and then contributed $1,950 per year (at the end of each year) for 13 years?
Tuesday, February 3, 2015 at 9:00pm

Healthcare finance
You are considering starting a walk-in clinic. Your financial projections for the first year of operations are as follows: Revenues (10,000 visits) $400,000 Wages and benefits 220,000 Rent 5,000 Depreciation 30,000 Utilities 2,500 Medical Supplies 50,000 Administrative ...
Sunday, February 1, 2015 at 6:41pm

Healthcare finance
You are considering starting a walk-in clinic. Your financial projections for the first year of operations are as follows: Revenues (10,000 visits) $400,000 Wages and benefits 220,000 Rent 5,000 Depreciation 30,000 Utilities 2,500 Medical Supplies 50,000 Administrative ...
Sunday, February 1, 2015 at 6:39pm

Healthcare Finance
You are considering starting a walk-in clinic. Your financial projections for the first year of operations are as follows: Revenues (10,000 visits) $400,000 Wages and benefits 220,000 Rent 5,000 Depreciation 30,000 Utilities 2,500 Medical Supplies 50,000 Administrative ...
Sunday, February 1, 2015 at 6:38pm

personal finance
As a college senior, Jessica was offered a new credit card that allowed her to take a 10% discount on the first month's purchases. She accepted the offer and made purchases that totaled $156.19. How much did she owe after the discount was deducted from the $156.19?
Thursday, January 29, 2015 at 3:43pm

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