You have a credit card with a balance of $1,367.90 at 9.5% APR. You pay $400.00 each month on due date until the card is paid off. How many months does it take to pay off the card

Q: Calculate the interest rate for the diagram below. 125 10 30 40 50 60 20

A: The internal rate of return is a return which helps in knowing the profitability of an investment. T...

Q: Are synthetic CDOs a legitimate business investment, or are they pure gambling? If the former, what ...

A: Workplace ethics is concerned with how employees act in the workplace, as well as their morals and a...

Q: Given: P= Php 450, 500. 50 r= 3 %% t= October 20, 2003 - February 10, 2004 Solve for: _1. Approximat...

A: Actual no of days and Approximate no of days: Actual no of days is calculated  by taking  actual dif...

Q: how much money should you deposit now into a bank account paying 6% compounded quarterly?

A: given  future value = 250000   i = 6% n= 3*4 = 12

Q: Determine the interest payment for the following three bonds. (Assum $1,000 par value.) (Round your ...

A: Each bond there are coupon to be paid semi annually or annually depending on the interest rate preva...

Q: On 31st March 2016 you saw the following information about bonds.   Name of Security Face Value ...

A: Treasury bills are zero coupon money market instruments issued by the government. They are considere...

Q: Tacomas population in 2000 was about 200 thousand, and has been growing by about 8% each year. If th...

A: FV = PV * (1 + r)^nWhere FV = Future ValuePV = Present Value = 200,000r = rate of grow = 8%n = numbe...

Q: A proposal to reduce oil spill on MX5 has a B-C ratio of 1.4. The conventional annual worth of benef...

A: Annual net benefits (P) = P560,000 Interest rate (i) = 6% Life of project (n) = 20 Years B-C ratio (...

Q: An individual makes five annual deposits of Php 2,000 in a savings account that pays interest at a r...

A: Given: Number of annual deposits "n"= 5 Amount of annual deposits "PMT"= 2000 Rate per year during t...

Q: GN Bank just paid its investors a dividend of GH¢0.5. If the dividend will grow at 8% forever and th...

A: The Dividend Growth Model refers to a model that helps in calculating the intrinsic value of a stock...

Q: What will be the price of a bond in which the YTM is higher than the coupon rate? a. Below face val...

A: The bond value can be determined looking at the relationship of coupon rate and YTM.  If the YTM of ...

Q: Company H is a high-growth company. The current price per share is RMB 20, the dividend per share ju...

A: A convertible bond is a fixed-income corporate financial investment that pays interest but can be ex...

Q: Nokela Industries purchases a $36.4 million cyclo-converter. The cyclo-converter will be depreciated...

A: Answer -    Part A -    Earnings for the next four years would have to deduct the depreciation expen...

Q: Assess the following statement: 1. If investors were indifferent to maturities, the return of any se...

A: The expectations theory is designed to assist investors in making decisions based on future interest...

Q: Assess the following statements: I. Default risk is the risk that a security issuer will default on ...

A: The risk that a lender assumes in the event that a borrower is unable to make the required payments ...

Q: A 6 percent corporate coupon bond is callable in five years for a call premium of one year of coupon...

A: The amount that is received by the bond holder above the par value of the bond when the bond is call...

Q: PIX company is considering licensing a water treatment system. The company can purchase a one-year o...

A: A licencing agreement is a legal, written contract between two parties in which the property owner a...

Q: Question 2: In the following cash flow, how much should be deposited at the beginning of year 1 so t...

A: Calculate the present value (PV) of the cash flow in Year 1 (PV 1) by using the EXCEL PV function as...

Q: If the YTM on a bond is 11.1 %, what will be the periodic rate assuming the bond is paying coupons s...

A: Yield to maturity refers to the internal rate of return which is earned by the investor who makes th...

Q: An investment of 500 will increase to 4000 at the end of 20 years. Find the resent values of three p...

A: We will use the concept of time value of money here. 

Q: Crystal wants the latest limited edition of Vogue magazine, but she needs to buy What will she most ...

A: The question is based on the concept of wants and needs. Needs are things that you absolutely must h...

Q: A sum of P1,000 is invested now and left for 8 years, at which time the principal is withdrawn. The ...

A:

Q: Given four proposals for funding a new project with a 100M limit on capital funding and the MARR is ...

A: In order to determine the feasibility of the independent projects, we are required to use various ca...

Q: LEIS company is planning to borrow P10.5M for a company expansion and is not sure what the interest ...

A: The annual worth of a project can be calculated as follows: Annual Worth =NPV×Rate1-11+ratetime     ...

Q: $4000 is invested for a period of 5 years at a rate of 8%, compounded every 2 months. What will be t...

A: Future Value The future value is the amount that will be received at the end of a certain period. Th...

Q: 55. Amortization with Equal Payments Prepare an amortization schedule for a three-year loan of $57,0...

A:

Q: savings account more liquid than a CD

A: A CD or certificate of deposit and savings account are two types of are offered by banks and financi...

Q: E? Future value of annuity are also applicable for future payments which have different amounts...

A: Step 1 The total amount of regular payments on a future date, taking into account a specific refund ...

Q: Which of the following transactions will not result in an increase in revenues?

A: In finance revenue increases when a sale takes place or when a transaction adds to the top line/ bot...

Q: The days' sale in inventory is 73. The cost of goods sold is 720,000. The net sales are 1,020,000, t...

A:

Q: Suppose you bought the portfolio in (1), and suppose further that Firm A's share price increased to ...

A: Firm A's new share price increase = PHP 36 Firm B's new share price falls = PHP 38   Number of share...

Q: Calculate the future value of an Annuity immediate of Amount $522 paid Annually for 4 year at the ra...

A: An annuity is a plan which gives out fixed payments for a set period of time in exchange for a lump ...

Q: Identify the term being referred to: A theory that states that how high or low an entity pays out d...

A: Solution:- There are two theories related to dividend-  Dividend relevance theory and dividend irrel...

Q: An engineer in 1950 was earning $6,000 a yaer. In 2011, she earns $60,000 a year. However, on averag...

A: The inflation rate is the rate at which the purchasing power of a currency falls over a period of ti...

Q: 1. Consider the costs and benefits of the following public projects shown in the table. Costs ($) Ye...

A: Benefit-cost Ratio is the relationship between benefits and costs. It is recommended to go with one ...

Q: a. What are the NPWS of Projects I, II, III and IV with interest rate 15% compounded quarterly and t...

A:  Net Present worth is sum total of present values of cash flows of an Investment. One should go with...

Q: Suppose an investor buys 20 share of a particular stock at R10 per share and sell them all a year fr...

A: Total buying price = 20 * R 10 = R 200 There is a 0.2 probability that price will be 0 There is a 0....

Q: will have a loss of P10,000 each year. Calculate the acceptability of this investment using FW metho...

A: Future worth of a project can be defined as value of a current asset or project at some future date....

Q: preceding one Posit.

A: Accumulation in finance refers to growing the size of a single asset position, the number of assets ...

Q: A company issued 7%, 20-year bonds with a face amount of $90 million. The market yield for bonds of ...

A: The price for bond implies to the consideration amount paid by investor for purchasing bond. In prov...

Q: What can you say about the value of the the yield to maturity paid by ACME bonds, without calculatin...

A: Yield to maturity can be defined as the total return expected to earn from bond if it us held to mat...

Q: Annuity I and annuity II both provide payments at the end of each two-year period for twenty years. ...

A:   Annuity I Annuity II Time Period 20 20 Interest Rate 2% 2% Every 2nd Year Payment  $1,000.00...

Q: 00 par value bond that has an 8% coupon rate, pays a semi-annual coupon, matures 2 years from today,...

A: Macaulay duration is weighted average duration of bond considering the cash flow from bond. It is us...

Q: If you pay $1,432.40 in taxes, how much would be put toward townships if your state puts $0.03 of ea...

A: Solution:- The revenue of state is through taxes. As per question, the state puts $0.03 of each doll...

Q: The WSSU parking garage project: Last we checked, a parking garage costs $7,000 per spot. Suppose ca...

A: Hi There, thanks for posting the question. But as per Q&A guidelines, we must answer the first t...

Q: . Miguel agrees to lend you money for a monthly interest of 12%. How much will you pay him next mont...

A: Here we can use the concept of compounding to find the answer. 

Q: PART II - Below are 2019 FMT Company Cash flow accounts. Increase in bonds 170.0 Net income 117.5 In...

A: Cash flows from operating activities is cash inflows and outflows from day to day operations of enti...

Q: Assess the following statements: I. If the yield curve is upward sloping, some investors may attempt...

A: Riding the yield curve is a strategy of trading in which the investors buy bond which has longer mat...

Q: A business must raise $90,000 in 6 years. What should be the size of the owners' quarterly payment t...

A: We will apply the required formula to calculate the each quarterly payment using 6 years time and in...