How much money does she have in each account

Assignment Help Financial Management
Reference no: EM131317163

A student has money in three accounts that pay 5%, 7%, and 8%, in annual interest. She has three times as much invested at 8% as she does at 5%. If the total amount she has invested is $1600 and her interest for the year comes to $115, how much money does she have in each account?

Reference no: EM131317163

Questions Cloud

Which will be financed with accounts payable : A proposed project requires an initial investment of $8,500 in current assets, 75% of which will be financed with accounts payable. The project will have:
Define your concepts and understanding of the issue : Introduction: set out your aim and outline of discussion,Clearly define your concepts and understanding of the issue,Discuss it in depth from a variety of viewpoints with reference to the literature, the materials covered in class and other sources ..
What is the present value if the discount rate : The chief financial officer of a home health agency needs to determine the present value of a 120000 investment received at the end of year 5. What is the present value if the discount rate is 3 %?
Expected npv of glow in the dark hamburgers : If each outcome is equally likely (50%), what is expected NPV of "glow in the dark hamburgers"? Will the firm accept the project?
How much money does she have in each account : A student has money in three accounts that pay 5%, 7%, and 8%, in annual interest. She has three times as much invested at 8% as she does at 5%. If the total amount she has invested is $1600 and her interest for the year comes to $115, how much money..
Calculate lissa total dividends : Calculate Lissa's total dividends for 2014 if its dividend payment is set to force dividends to grow at the long-run growth rate in earnings.
Build a debug version of the executable randomprime : SOFT20111 - Software Engineering - Your task is to develop alternative programs with different functionality and to modify the makefile to add new targets for these (debug versions with the exception of release).
Treasury strips matures : A Treasury STRIPS matures in 8 years and has a yield to maturity of 5.4 percent. Assume the par value is $100,000. a. What is the price of the STRIPS?
How leaders sustain the culture in that organization : Explain and give two examples how leaders sustain the culture in that organization, good or bad. Note: When incorporating information from the workplace, be sure to remove all identifying information such as the name of the organization.

Reviews

Write a Review

Financial Management Questions & Answers

  Foreign company acquisition

Acquisition by a foreign company and the effects of that decision and the results of foreign exchange in Euro and the exchange rate differences.

  Financial management for profit and non profit organizations

In this essay, we are going to discuss the issues of financial management in a non-profit organisation.

  Method for estimating a venture''s value

Evaluate venture's present value, cash and surplus cash and basic venture capital.

  Replacement analysis

This document show the Replacement Analysis of modling machine. Is replacement give profit to company or not?

  Business finance task - capital budgeting

Your company is considering using the payback period for capital-budgeting. Discuss the advantages and disadvantages of this technique.

  Analysis of the investment

In this project, you will focus on one of these: the additional cost resulting from the purchase of an apple press (a piece of equipment required to manufacture apple juice).

  Conduct a what-if analysis

Review the readings and media for this unit, including the Anthony's Orchard case study media. Familiarise yourself with the Anthony's Orchard company and its current situation.

  Determine operational expenditures

Organisations' behaviour is guided by financial data. In the short term, such data will help determine operational expenditures; in the long term, historical data may help generate forecasts aimed at determining strategic plans. In both instances.

  Personal financial management

How much will you have left over each half year if you adopt the latter course of action?

  Sources of finance for expansion into new foreign markets

A quoted company is considering several long-term sources of finance for expansion into new foreign markets.

  Long term financial planning

This assignment is designed for analyze Long term financial planning begins with the sales forecast and the key input in the long term fincial planning.

  Explain the role of fincial manager

This assignment explain the role of fincial manager, function of manger. And what are the motives of financial manager.

Free Assignment Quote

Assured A++ Grade

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd