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1. Tom has just signed a health insurance plan which requires him to pay $280 per month for 6 months. The first payment is due today and the interest rate is 12% per annum. What is the present value of his payments?
2. Calculate the present value of a perpetuity with the first payment made two years from today. Assume the annual amount is $600 and the interest rate is 5% per annum.
Could you please show me how to get the answer both manually and with the financial calculator HP10bll+ use.
If the area under a Gaussian curve is 1, then how can it be concluded that μ ± 1σ = 68.3 %, μ ± 2σ = 95.5%?. The formula for relative standard deviation is s/x * 100% where s= standard deviation
Carmine wishes to save $1,100,000 for retirement, which is 30 years away. How much must be saved at the end of each year to reach this goal, assuming a compound annual return of 7%?
Determine the increase or decrease in cash for Rinky Supply Company for last year, given the following information. (Assume no other changes occurred during the past year.)
You are the mayor of a community of 12,000 people. You are active in virtually all of the civic activities of the town and as such your opinion is solicited on political, economic, sociological, and other factors.
Discuss the differences between static and flexible budgets.- Why are flexible budgets superior to static budgets for performance reporting?
Which one of the following is a capital budgeting decision?
Differentiate between a bank and a credit union. Consider your own financial situation. Explain what financial institution is better suited for your financial position and explain why.
If Holiday decides to forgo discounts, how much additional credit could it obtain? Round your answer to the nearest cent.
Summarize Johnson's arguments against independent chairs in your own words.- Also suggest responses that might be made by a supporter of the SEC regulation.
A Sports sales Corporation, the Eisenhower Company in 1956, invested in the stock market the following, Calculate the Beta of this portfolio
What will Bling Diamond's cash dividend be in seven years? (Do not round intermediate calculations and round your final answer to 2 decimal places (e.g., 32.16).)
del mare inc. earned net income of 210000 during the year ended december 31 2012. on december 15 2012 del mare inc.
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