# Heyhi

Popular questions and responses by Heyhi
1. ## Finance Math

Maytag Company earns \$4.80 per share. Today the stock is trading at \$59.25. The company pays an annual dividend of \$1.40. Calculate (a) the price-earnings ratio (round to the nearest whole number) and (b) the yield on the stock (to the nearest tenth

2. ## Finance Math

Maggie Vitteta, single, works 40 hours per week at \$13 an hour. How much is taken out for federal income tax with one withholding exemption? (Assume the overtime for each employee is a time-and-a-half rate after 40 hours.) (Round your answer to the nearest

3. ## Finance Math

Daniel and Jan agreed to pay \$560,000 for a four-bedroom colonial home in Waltham, Mass., with \$60,000 down payment. They have a 30-year mortgage at a fixed rate of 6.00%. (a) How much is their monthly payment? (b) After the first payment, what would be

4. ## Math

Sports Haven keeps an inventory of FITBIT Wearable Technology. Assume an inventory of 35 FitBits at the beginning of the year at a cost of \$44.32 each. Additional FitBits were purchased as follows: 15 at \$45.50 each on March 22, 30 at \$45.80 each on May 2,

5. ## Finance Math

Rhonda Brennan found her first job after graduating from college through the classifieds of the Miami Herald. She was delighted when the offer came through at \$22.00 per hour. She completed her W-4 stating that she is married with a child and claims an

6. ## Math

Assume you own a sporting goods business. Find the selling price for a tent costing \$387, based on a 25% markup on selling price. \$387/75% = \$516 can anyone tell me if this is correct?

7. ## Finance Math

Jennifer just turned 23 and can save \$500 per quarter, starting in three months. If Jennifer can earn 7% compounded quarterly, what age will she be when she accumulates \$1,000,000?

8. ## Math

A property management company furnishes skilled help to maintain apartment complexes. If employees are paid \$16 per hour and the company wishes to maintain a 30% markup based on the employees’ hourly pay, what hourly rate should it bill property owners?

9. ## Math

Tri-Star Airlines intends to pay off a \$20,000,000 bond issue that comes due in 4 years. How much must the company set aside now, at 6 % interest compounded quarterly, to accumulate the required amount of money?

10. ## Math

Country Produce knows that 20% of the strawberries purchased will spoil and must be thrown out. If they buy 200 baskets of strawberries for \$0.24 per basket and want a markup of 50% on the selling price, find the selling price per basket of strawberries.

11. ## Finance Math

Rafael Sandino’s parents are in their retirement years. They just received \$501,000 after taxes from the sale of their vacation home and decided to invest the money in a bond mutual fund. They chose a no-load mutual fund that yields 6%. a) How much will

12. ## Math

Rob Morrisey purchased a \$1,000 bond that was quoted at 102.25 and paying 8 7/8% interest. How much did Rob pay for the bond? How much annual interest will be received?

13. ## Math

Clyde has the chance to buy a piece of old Pennsylvania Dutch pottery that he thinks he can resell for \$500. If Clyde needs a 125% markup on cost, what price should he pay? Is the answer 200 or 222.22? 500/225% = 222.22 Is my method correct or I am missing

14. ## Math

Javier has a worm business in which he buys night crawlers from younger kids for 4 cents each and sells them for \$1.25 per dozen. What is the percent markup on cost, to the nearest tenth of a percent? a. 160.4% b. 61.6% c. 96.8% d. 3.025%

15. ## Finance Math

Miguel purchased a \$51,000 RV for the family. The dealer told Miguel that there is a 30 percent markup on selling price for this type of vehicle. a.) What was the amount of the dealer’s markup? b.) What was the dealer’s original cost?

16. ## Finance Math

You buy furniture for \$700. The retailer finances the entire amount for one year and says you will be charged 9% interest. The retailer uses the add-on method. Assuming your first monthly payment is due in one month, calculate the real annual rate you will

17. ## Math, Finanace

Your annual salary 12 years ago was \$14,500; it is now \$25,000. What is the average annual rate of increase?

18. ## Science

For each of the following situations, explain the most likely cause of the error and error should be corrected. a. After aspirating 300 ul with P1000, a small air space is seen at the end of the tip. b. While aspirating 1 ml with a P1000, a small air

19. ## Math

You own a thriving restaurant but want to change careers. Your brother offers to buy the business with the following monthly payments: \$2,750 at the end of each month for 4 years, followed by \$3,000 at the end of each month for 3 years. Assuming that you

20. ## Math

You took out a loan of \$5,000 on May 2 and went back on June 15 to make a payment of \$1,200. The loan was at 4% for 1 year. What was your remaining balance after making that payment? Assume an exact year.

21. ## Math

Cameron designates 10% of his monthly earnings as charitable contributions. After deducting this amount, he deposits 5% of the remaining amount into a money market account earning 2%. If Cameron’s monthly earnings are \$4,800 what amount interest will he

22. ## Math

Alex needed proceeds of \$12,345. How much does he need to take out at 6% interest for 120 days to receive proceeds of \$12,345?

23. ## Math

Orchard Supply sells lawn fertilizer at a price of \$12.50 per bag. If the markup is 25% of the cost, find the cost.

24. ## Math

A grocer bought 300 pounds of bananas at 30 cents per pound. Experience at this store indicates that, as a result of aging, 30% of the bananas are sold at 80% of cost and another 10% are discarded. At what price per pound must the top-quality bananas be

25. ## Finance Math

Jason Bradley’s uncle, Maurice, is buying a \$248,500 home in Mississippi. His mortgage lender requires a 20% down payment and will finance the remainder for 30 years at 5%. Closing costs will be 1% origination fee, 1 ¼ point, mortgage insurance premium

26. ## Finance Math

Tristan Sandino was given a 20-year bond when he was twelve years old and would like to sell it on his 21st birthday. The bond has a coupon rate of 4.8% and was purchased for \$580. Tristan receives interest checks every six months. If Tristan sells the

27. ## Finance Math

Sweets Bakery makes fat-free cookies that cost \$1.70 each to prepare. Sweets expects 20% of the cookies to be imperfect. Sweets wants a 40% markup on cost and produces 150 cookies. Assume that Sweets can sell the broken cookies for \$1.60 each. What should

28. ## Finance Math

Wholesale Distributors sells to its contractors with a 42% markup on cost. If the selling price for cabinets is \$9,182, what is the cost to contractors based on cost? (Round your answer to the nearest cent.)

29. ## Finance Math

Icelandic skis are marked up 75% on cost. What is the equivalent rate of markup based on selling price?

30. ## Finance Math

Jose’, store manager for SportsHaven, does not know how to price a GE freezer that cost the store \$580. Jose’ knows his boss wants a 25% markup on selling price. How much should Jose’ price the freezer?

31. ## Finance Math

A copy machine cost \$2,990, after a discount of 30/12/5. What was the original list price of this machine?

32. ## Finance Math

A survey was taken asking people which soft drink they preferred…Brite or Fuzz. 326 people reported preferring Fuzz. The people who liked Fuzz represented 23 less than 1/5 of the total people surveyed. How many people were surveyed?

33. ## Finance Math

The Bon Appetit Bakery makes 4 ½ times as much revenue on donuts as muffins. If total sales were \$44,000 for May, what dollar amount of each was sold?

34. ## Finance Math

Yesterday, Castle Mountain Fashions had seven less than three-fourths of its sales transactions paid for by credit cards. If 209 transactions were charged, how many total transactions took place?

35. ## Finance Math

Quicken Loans reports a 30-year fixed rate mortgage at 4.9%, a 20-year mortgage at 4.75% and a and a 15-year mortgage at 4.50%. If you want to finance a \$218,000 home, how much interest will you save if you refinance your loan for 15 years compared to 30

36. ## Finance Math

Mortgage lenders base the mortgage interest rate they offer you on your credit rating. This makes it financially critical to maintain a credit score of 700 or higher. How much more interest would you pay on a \$194,000 home if you put 30% down and financed

37. ## Finance Math

Oprah Winfrey has closed on a 42-acre estate near Santa Barbara, California, for \$50,000,000. If Oprah puts 20% down and finances at 7% for 30 years, what would her monthly payment be?

38. ## Finance Math

Oprah Winfrey has closed on a 42-acre estate near Santa Barbara, California, for \$50,000,000. If Oprah puts 20% down and finances at 7% for 30 years, what would her monthly payment be?

39. ## Finance Math

In 4 years, your son will be entering college and you would like to help financially. You decide to create a college fund and make four annual deposits, starting now. In four years, you would like your son to be able to make four annual withdrawals of

40. ## Finance Math

1. Your average daily balance on your charge card for the month of July is \$855.28. If your card carries an annual interest rate of 15.4%, what will your finance charge be for July? 2. You buy a car from your neighbor at a price of \$9,000. You pay \$500

1. ## Math

I have tried every single problem and got inaccurate answers. Just trying to make sure if they're right or not.

posted on May 9, 2018
2. ## Math

C = 12.50/125% = 10 Is it correct?

posted on May 9, 2018
3. ## Finance Math

1745?

posted on May 8, 2018
4. ## Math

Is it 490.25 or 399.99?

posted on May 6, 2018
5. ## Math

posted on May 6, 2018
6. ## Math

\$20.80

posted on May 6, 2018
7. ## Math

I am not sure what you mean? Is the answer correct?

posted on May 6, 2018
8. ## Math

I am not sure if I should include 35. If I include 35 the answer is 130, if I don't the answer is 95. Could anyone please tell me the correct one?

posted on May 6, 2018
9. ## Finance Math

Thanks. Also, what can we do if they said 25% markup on cost instead of selling price?

posted on April 27, 2018
10. ## Finance Math

Hey for b - the yield on the stock, the answer is 2.4%. I am not sure how to get that.

posted on April 22, 2018
11. ## Finance Math

It was me, I am sorry I did not see what you posted. This problem is related to PMT and then you're supposed to find interest with P1 and P2.

posted on April 15, 2018
12. ## Finance Math

No is asking you to answer, these questions are for those who want to help genuinely.

posted on April 11, 2018