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Phil can afford $200 a month for 5 years for a car loan. If the annual interest rate is 7.5 percent, how much can he afford to borrow to purchase a car?
Dixie Medical Center estimates that a cpitated population of 50,000 would utilize 450 inpatient days per 1000 enrollees at an average cost of $1,200 per day.
Crypton Electronics has a capital structure consisting of 44% common stock and 56% debt. A debt issue of $1000 par value, 5.6% bonds that mature in 15 years and pay annual interest will sell for $979.
ou want to buy a new sports car from Muscle Motors for $73,000. The contract is in the form of a 60-month annuity due at a 7.00 percent APR. What will your monthly payment be
What is the present value of a security that will pay $12,000 in 20 years if securities of equal risk pay 5% annually
You take a $5,000 loan with an interest rate of 10% and pay off a constant principal portion of $200 every year. Use the arithmetic progression.
The CEO of Easy Home Sales Inc. would like to grow the company to $952,000 in sales for next year. The finance officer has compiled the data below for the current year.
Perry Edwards is 25 years old. He and his wife Anita have two children, Shane and Lisa, ages 1 and 3 respectively. Perry wants to retire in 40 years and refurbish old cars.
When a deposit matures, Smith's policy is to relodge the whole sum (principle & interest) immediately for further period. He chooses the term of each deposit according to his assessment of the interest rates available at that time.
A large networking company wants to incorporate your software into their systems and is offering to pay you $511,000 today, plus $511,000 at the end of each of the following six years for permission to do this.
What are mergers and acquisitions, why do companies merge and how can a merger occur
two recent articles on accounting for multinational operations. You can use one that focuses on IFRS requirements and one that focuses on GAAP. Or you can use two articles that compare the two sets of requirements.
Jack Robbins is saving for a new car. He needs to have $ 21,000 for the car in three years. How much will he have to invest today in an account paying 8 percent annually to achieve his target
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