Solutions for FOCUS ON PERSONAL FINANCE LL/ACCESS >BI
Browse All Chapters of This Textbook
Chapter 1 - Personal Financial Planning In ActionChapter 2 - Money Management SkillsChapter 3 - Taxes In Your Financial PlanChapter 4 - Financial Services: Savings Plans And Payment AccountsChapter 5 - Consumer Credit: Advantages, Disadvantages, Sources, And CostsChapter 6 - Consumer Purchasing Strategies And Wise Buying Of Motor VehiclesChapter 7 - Selecting And Financing HousingChapter 8 - Home And Automobile InsuranceChapter 9 - Health And Disability Income InsuranceChapter 10 - Financial Planning With Life Insurance
Sample Solutions for this Textbook
We offer sample solutions for FOCUS ON PERSONAL FINANCE LL/ACCESS >BI homework problems. See examples below:
Computation of approximate value: Value=$220,000×1.149=$252,780The computation of total assets: Total assets=Liqiud asset+Investment asset+Household...Computation of taxable income: Hence, the taxable income is $50,565.FV of annual amount paid in ATM fees=$200×11.464=$2,292.80 Hence, the future value in 10 years of...Computation: Present market value of person S's home=$150,000Person S can borrow maximum of 80% of...Determine the amount to cover the cost of membership Amount to Cover the Cost=[Membership...Determine the amount of rental costs Rental Costs=[Rent Amount+Insurance+Interest...Compute the uncovered claim amount by insurance: Excel spread sheet: Hence claim amount that would...Compute the amount payable by insurance company: Excel workings: Excel spread sheet: Hence, the...
Compute the amount of insurance using easy method: Insurance=Income×0.70×7...Calculation of minimum amount required: Minimum amount required=Monthly expenses×Minimum number of...Given information: Quarterly dividend per share is $0.86 Number of shares is 220 Calculation of...Given information: Total assets $812,000,000 Total liabilities $12,000,000 Total number of shares is...Net worth of person S= Assets− Liabilities=$165,200−$21,300=$143,900 Hence, the net worth of person...
More Editions of This Book
Corresponding editions of this textbook are also available below:
Focus on Personal Finance
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