Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
1) Simon recently received a credit card with an 16% nominal interest rate. With the card, he purchased an Apple iPhone 5 for $400. The minimum payment on the card is only $20 per month.
If Simon makes the minimum monthly payment and makes no other charges, how many months will it be before he pays off the card? Do not round intermediate calculations. Round your answer to the nearest whole.
month(s)
If Simon makes monthly payments of $60, how many months will it be before he pays off the debt? Do not round intermediate calculations. Round your answer to the nearest whole.
How much more in total payments will Simon make under the $20-a-month plan than under the $60-a-month plan. Do not round intermediate calculations. Round your answer to the nearest cent.
$
2. Future value for various compounding periods
Find the amount to which $200 will grow under each of these conditions:
11% compounded annually for 4 years. Do not round intermediate calculations. Round your answer to the nearest cent.
Assuming the number of shares outstanding remains constant, an increase in dividends per share will reduce the:
Genetic Insights Co. purchases an asset for $15,884. This asset qualifies as a seven-year recovery asset under MACRS. The seven-year fixed depreciation percentages for years 1, 2, 3, 4, 5, and 6 are 14.29%, 24.49%, 17.49%, 12.49%, 8.93%, and 8.93%, r..
The Electrotech Corporation manufactures two industrial-sized electrical devices: generators and alternators. Both of these products require wiring and testing during the assembly process. Each generator requires 2 hours of wiring and 1 hour of testi..
The Florida Investment Fund buys 58 bonds of the Gator Corporation through a broker. Compute the price of a bond.
After spending $10,000 on client development, you have just been offered a big production contract by a new client. The contract will add $200,000 to your revenues for each of the next 5 years and it will cost you $100,000 per year to make the additi..
You agreed to provide consulting services to ABC Corporation. The agreed price to be paid to you for these services is $90,000. You have performed the service, have requested payment, and ABC Corporation has refused payment disputing the value and th..
Ethan sells his car to Seamus. Seamus promises to pay Ethan $950 at the end of each year for 10 years. What is the present value of Seamus's promised payments if the interest rate is 8 %? What is the present value of Seamus's promised payments?
Joe owns and operates Socccer Stores of America. He has $400000 of his own money in the business as equity capital, but because of the use of debt, the total value of his stores is $800000. Calculate the percentage of debt in the corporation, and the..
Lynn Ally, owner of a local Subway shop, loaned $61,000 to Pete Hall to help him open a Subway franchise.
Use decision-tree analysis to calculate the expected NPV of this project, including the option to continue for an additional 2 years.
Please define the following key terms. casual research, secondary data, commercial online databases.
Which of the following statements regarding operating and cash cycles is true?
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd