Reference no: EM133010207
Question - This module related to the analysis of financial statements through indicators, solves the following problems. Use a financial calculator to solve the problems. It is important that you include the procedure and briefly explain how you obtained each result. Keep in mind that the rubric also includes criteria to evaluate the correct use of language, grammar, spelling and syntax.
Required - Present value, future value and interest rate
José López has $ 15,000 in a 6-year certificate of deposit (CD) that pays a guaranteed annual rate of 4%. Make a timeline showing when the cash flows will occur.
Oliver López deposits $ 12,000 in a bank account that pays 7% annual interest. Calculate the account balance after 5 years.
Carmen Hernández has saved $ 8,000 for a car deposit. The highest monthly payment you can afford is $ 455. The loan will have an 11% APR due at the end of each month. Determine what is the most expensive car you can buy if you buy it on credit payable in 60 months.
Determine the present value of a financial instrument that pays $ 18,500 in 10 years if instruments of similar risk pay 6% per year.
Calculate the future value (FV) of a $ 5,000 investment at an interest rate of 10% over 7 years.
Determine the interest rate you will pay, if you are approved for a loan for $ 112,000 with annual payments of $ 15,000 over 8 years.
Calculate the ending balance of allowance for bad debts
: Calculate the ending balance of Allowance for Bad Debts, after the adjustment for bad debts expense, at December 31, 2025
|
How to record and report this investment
: MLC advanced $1,000,000 to BU for a one-third interest in BU. The accountant at MLC is considering how to record and report this investment
|
What is the conversion factor for this bond
: If your required rate of return is 8% and the bonds pay interest semiannually, what is the value of these bonds? What is the conversion factor for this bond
|
What was the annual compound rate of growth
: In October 2017 a pound of apples cost $1.60, while oranges cost $1.24. What was the annual compound rate of growth in the price of apples
|
Determine the interest rate you will pay
: Determine the interest rate you will pay, if you are approved for a loan for $ 112,000 with annual payments of $ 15,000 over 8 years
|
What is the price of a bond
: What is the price of a bond with a coupon rate of 4%, payable semi-annually, a face value of $1000, 10 years to maturity, and a yield to maturity of 4.2%
|
What is the purpose of the data integrity check feature
: What is the purpose of the data integrity check feature? How often should a data iintegrity check be performed
|
Should hossain make or buy the subassemblies
: The outside supplier has offered to provide the subassemblies for $20.00 each under a five-year contract. Should Hossain make or buy the subassemblies
|
What is the payback period
: The cost of the new machine is $60,000. What is the net present value (NPV) if the company's cost of capital is 12%? What is the payback period
|