suppose you want to make sure you have 2,000,000 when you retire in 35 years. what even annual payment would you have to make to get to your goal. if you can earn 6% a year

Q: ABD Co. manufactures textiles. ABD's manufacturing costs last year included the following salaries a...

A: Production or services labour that is assigned to a single product, cost centre, or work order is kn...

Q: Assume a selling price of $88,000, a down payment of $24,000, and a mortgage at 13% for 30 years. If...

A: Here selling price is 88,000 and down payment is 24,000 Hence loan amount = selling price - down pay...

Q: What is the clientele effect and how does it impact on dividens policy for the company? If the compa...

A: What is the Clientele Effect? The clientele effect is a theory that states that different policies a...

Q: Question 11 Executing an order. Bid price was Php10.00 9:05am - the price of the stock was Php10.80 ...

A: Solution:- When a limit buy order is placed, the order will get place only when the price reaches th...

Q: 10.) Which one is the contractual equation for buying an FRA? a.) Loan with maturity t2 plus Deposit...

A: Forward rate agreement:  It is a financial contract and a forward contract on the interest rate  in ...

Q: Seven years ago the Templeton Company issued 15-year bonds with an 11% annual coupon rate at their $...

A: The return that investor can gets from keeping a bond in his portfolio till the issuer redeems it be...

Q: If Inflation and the interest rate were both zero, would there still be a time value of money? State...

A: The concept of time value of money says that money today has more worth than the same amount of mone...

Q: You win a lottery that will pay you $120,000 per month for 12 months, starting 1 month from now. Wha...

A: Present value of annuity in form of lottery winnings can be calculated as: = Annuity amount * Presen...

Q: ABC recently completed a 5-for-1 stock split. Prior to the split, its stock sold for P120 per share....

A: Stock split = 5 for 1 Stock price before split = P120 Total market value increased = 15%  

Q: The Aninem family has total assets of Php460,000 and total liabilities of Php186,000. Included in th...

A: Total assets = Php 460,000 Investment assets = Php 253,000

Q: All the following activities are inflows to the company except.. O Decrease in any asset O Decrease ...

A: Note: This post has two distinct questions. The first has been answered below:

Q: There was a bit of concern about one of Big Rock's newer entities - Big Rock Paving Company. Managem...

A: The current ratio is used to calculate a company's ability to pay its short-term liabilities. The re...

Q: you would like to buy shares of Sirius Satellite Radio (SIRI). The current ask and bid quotes are $3...

A: Ask rate is market selling  rate. Bid rate is the rate at which market buys.

Q: 1. Solve for Return of Risk Free Asset and its average Year Risk free rate (%) Inflation (%) Return...

A: Hi, there, Thanks for posting the question. As per our Q&A honour code, we must answer the first...

Q: f. Calculate the crossover rate where the two projects' NPVS are equal. Do not round intermediate ca...

A: Crossover rate is the rate of return at which the Net present value of both projects is the same. It...

Q: An investment is providing a scholarship worth $4720 every year indefinitely. What is money invested...

A: Perpetuity: Perpetuity is the series of fixed payments which is incurred or received for the infinit...

Q: Are deeds the only acceptable way to legally transfers a property? Why or not?

A: The deed is legal document that is valid and is paid value and legally binding documents.

Q: What payment is required at the end of each year for 8 years to repay a loan of $2,580.00 at 5% comp...

A: Payment per period can be calculated using PMT function in excel.   PMT(rate, nper, pv, [fv], [type]...

Q: A construction company agreed to lease payments of $649.32 on construction equipment to be made at t...

A: (Note: Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the questio...

Q: A bank in Toronto charges 3.25% commission to buy and sell currencies. Assume that the current excha...

A: Amount of Canadian Dollars that may be required to be paid for purchasing certain amount of US Dolla...

Q: Find the amount of P18450 after 5 years if it will be considered compounded semi- annually at the ra...

A: Interest is paid on the amount of the deposit. The rate of interest and number of periods depend on ...

Q: What is the future worth of P8500 deposited every 3 months for 3 years if the interest is 10% compou...

A: Quarterly deposit (P) = P8500 Interest rate = 10% Quarterly interest rate (r) = [{1+(0.10/12)}12]1/4...

Q: Big Oil, Inc. has a preferred stock outstanding that pays a $8 annual dividend. If investors’ requir...

A: a. Market value of shares = Annual dividend / Required rate of return Market value of shares = $8 / ...

Q: What form of partnership allows some of the investors to limit their liability?

A:   A limited partnership enables some of the partners to limit their liability. Under this condition...

Q: Year ASX 300 Index ASX 300 Dividend Yield (%) Return_risky portfolio 2010 4760.79 3.76 - 2011 4052.2...

A: Every investor tries to maximise his wealth by seeking for maximum returns. Therefore, asset allocat...

Q: Bob Jones bought a new log cabin for $70,000 at 11% interest for 30 years. Prepare an amortization s...

A: The loan which are paid in installments as annuity follows the amortization process in which the pay...

Q: As part of the crude-oil refining process in a large crude-oil refinery, a certain heat exchanger mu...

A: Present value When there is a series of different future cash flows associated with two options, the...

Q: Hephzibah Limited is just about to buy a new textile machine for GHS100,000. Although its maximum wo...

A: When the assets are replaced in perpetuity, there will be a best replacement cycle that increases th...

Q: complete the following table and indicate whether Heather should invest in each of the investments.

A: Future Value: It represents the future worth of the present sum of the amount. It is computed by th...

Q: A manufacturing company has provided the following cost data for a recent period: Direct materials ...

A: Solution:- We know, prime cost means the total direct cost incurred by the entity during its product...

Q: This plant design, entitled “IIVSDROP: The First Ear Dropper Solution Manufacturing Plant in the Phi...

A: Initial Cost = PHP 550,320,000 Other Cost = PHP 27,000,000 Time Period = 30 Years Rate of return = 2...

Q: What should be the price of each bond if interest rate is 8 percent? Use Appendix B and Appendix D t...

A: Bonds: It represents a debt instrument issued by the company to raise debt capital from investors. ...

Q: A purchased a small condominium. He paid P350,000 as a down payment and agreed to pay P35,000 every ...

A: Down payment = P350,000 Quarterly payment = P35000 Interest rate = 12% Quarterly interest rate = 12%...

Q: Gabe will be receiving continuous payments at a rate of p, 3t from t = 0 to t= 10 years. Paula will ...

A: Continuous payment rate for Gabe (Pt) = 3t from t = 0 to t = 10 Continuous payment rate for Paula (P...

Q: You are required to assess whether the decision to renovate will be profitable by using a BCR.

A: Benefit-cost ratio (BCR) refers to the ratio which shows the relationship between present value of b...

Q: TVM HOMEWORK ASSIGNMENT 1. You have $12,000 to invest. You need the money in 13 years, and you expec...

A: Present value (PV) = $12000 Interest rate (r) = 6% Period (n) = 13 years

Q: A loan of 750000 needs to be paid in annual installments by the end of every year. The interest rate...

A: The periodic payment of a loan or debt is known as installment. The installment includes principal a...

Q: The number of stock exchange/s in the Philippines. Zero O One O Two Five

A: Stock exchange is a market where stock are brought and sold.  

Q: How did the recession of 2007–2009 compare with other recessions since the Great Depression in terms...

A: The recession of 2007-2009 was a long and deepest recession. During this recession, gross domestic p...

Q: broker fairly pricing the bond

A:   A bond is a fixed income instrument that represents the loan given by the investor to the company ...

Q: An $90,000 loan is amortized by payments of $1850 at the end of every six months at a rate of 2% com...

A: Mortgage loan is a type of loan where funds are availed against an asset as collateral to the lender...

Q: Executing an order. Bid price was Php10.00 the price of the stock was Php10.80 9:05am 9.15am -the pr...

A: Solution:- When a limit buy order is placed, the order gets executed only when the market price reac...

Q: MACRS stands for a. Modified Annual Cost Recovery System b. Modified Audited Cost Recovery System c....

A: As per Internal Revenue Service (IRS) depreciation is an income tax deduction which allows businesse...

Q: The rabbit population at the city park increases by 9% per year. If there are intially 276 rabbits i...

A: Initial rabbit population is 276 rabbits Growth rate in population is 9% per year To Find: Model fo...

Q: A $1,000, 9.5% coupon Government of Canada bond has 10 years remaining until its maturity. It is cur...

A: A Bond refers to an instrument that represents the loan being made by the investor to the company an...

Q: Mr. Allen is a 65-year-old Jamaican tax resident. He is the director of a hotel, Allen’s Rest Well R...

A: The government frequently charges its citizens to help create and maintain a country's infrastructur...

Q: Which one is the contractual equation for buying an FRA? a.) Loan with maturity t2 plus Deposit with...

A: FRA (Forward Rate Agreement) refers to personalised financial contracts that are traded Over the Cou...

Q: calculate the capitalized cost of a project that has an initial cost of 8 000 000 and an additional ...

A: Initial Cost= 80,00,000 Additional Cost =250,000 n=8 Operating cost for first 5 years= 150,000 Opera...

Q: equity. stoc rice is currently $25.25, its dividend is expected to grow at a constant rate of 6% per...

A: Weighted average cost of capital is weighted cost of debt and weighted cost of equity and this is mi...

Q: ZYK company makes its policy that for every new equipment purchased, the annual depreciation should ...

A: When compared to other depreciation methods, double-declining-balance depreciation results in a grea...