please correct wrong answersHomework Answers
| 3 | Since the payment is made monthly the no. of payments(n) will be 240(20*12) | ||
| and the monthly interest rate is 1% | |||
| $825.81 | Monthly payments | ||
| The Command will be:PMT(1%,240,-75000,0,0) | |||
| 4 | The interest is compunded quarterly so n =20 and I =8%/4 =2% | ||
| $74,297.37 | Account Balnce after 5 years | ||
| The Command will be:FV(2%,20,,-50000,0) | |||
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please correct wrong answers
3. You have signed a contract to borrow $75,000. The length of...
please answer correctly thanks T ELEIRO ILU, U UNUSTAPLE 1. An entrepreneur must have $25,000 in...
please answer correctly
thanks
T ELEIRO ILU, U UNUSTAPLE 1. An entrepreneur must have $25,000 in 3 years to start a new business. (a) Calculate the amount that must be deposited now, assuming a 6% annual rate of return. 25,000 25,000 (1.063 6.06 : 11,151.88 1.0v (b) Apply the financial function command (with each numerical value reported in correct sequence) that would solve this problem. -585000) 2. A mother plans to give her child $7,000 at the end of each...
4. You have $15,000 today and plan to double this amount in 9 years. What rate...
4. You have $15,000 today and plan to double this amount in 9 years. What rate of return must be earned in order to achieve this objective? (a) Apply the "Rule of 72" to solve this problem. (b) Apply the relevant financial function command (with each numerical value reported in correct sequence) that would solve this probl
please explain ars with an accumulated portfolio valus that must be invested at the end of...
please explain
ars with an accumulated portfolio valus that must be invested at the end of each an annual rate of return of 6% 3. A man plans to retire in 35 years with a (a) Calculate the amount that must 35 years, assuming an annual n=35 EVA1500,000 PMT2 FVA 1) ed portfolio value of $1,500,000. the end of each year for the next i..ou [13460.8 (b) Apply the financial function command (with each numerical value reported in correct sequence)...
please expaine ars with an accumulated portfolio valus that must be invested at the end of...
please expaine
ars with an accumulated portfolio valus that must be invested at the end of each an annual rate of return of 6% 3. A man plans to retire in 35 years with a (a) Calculate the amount that must 35 years, assuming an annual n=35 EVA1500,000 PMT2 FVA 1) ed portfolio value of $1,500,000. the end of each year for the next i..ou [13460.8 (b) Apply the financial function command (with each numerical value reported in correct sequence)...
the answers i already have are probably wrong. please correct if so. thank you!!! Suppose that...
the
answers i already have are probably wrong. please correct if so.
thank you!!!
Suppose that you have an initial investment of $350. For each of the given compounding situations, using an annual percentage rate (APR) of 1.5% find the value of the investment after 22 months, find how long it would take to double the money, and find the APY. Follow the rounding rules at the top of the column and include units in your answers. Compounded Formula entered...
please provide answers to ALL 3 questions. You are a financial investigator for the SEC. You...
please provide answers to ALL 3 questions.
You are a financial investigator for the SEC. You discover a few pieces of information regarding a loan taken out by a suspect in a fraud case. The loan was to be repaid with level annual payments of 3,576.71. Also, the Outstanding Balance at time 0 was 24,000 and the Outstanding Balance at time 1 was 22,343.29 3. in order to help convict the suspect, you need to find a the interest rate...
i think i have the correct answers for (a-d) but am struggling with e. thank you!...
i think i have the correct answers for (a-d) but am struggling
with e. thank you!
1. Hank Leighton is the Vice President of Purchasing for the consumer electronics division of the Major Electric Corporation (MEC). The company recently introduced a new type of video camcorder that has taken the market by storm. Although Hank is pleased with the strong demand for this product in the market place, it has been a challenge to keep up with MEC'S distributors' orders...
can you please answer the questions that were not correct, please. Problem 12-3 Information concerning Pina Corporation's intangible assets is as follows. 1. On January 1, 2017, Pina signed an agr...
can
you please answer the questions that were not correct, please.
Problem 12-3 Information concerning Pina Corporation's intangible assets is as follows. 1. On January 1, 2017, Pina signed an agreement to operate as a franchisee of Hsian Copy Service, Inc. for an initial franchise fee of $50,000. Of this amount, $10,000 was paid when the agreement was signed, and the balance is payable in 4 annual payments of $10,000 each, beginning January 1, 2018. The agreement provides that the...
Hello, Can you please help me with this problem and give an explanation for the correct...
Hello,
Can you please help me with this problem and give an explanation
for the correct answer? Thank you.
Johnstone Company is facing several decisions regarding investing and financing activities. Address each decision independently. (EV of $1, PV of $1, EVA of $1, PVA of $1, EVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) 1. On June 30, 2021, the Johnstone Company purchased equipment from Genovese Corp. Johnstone agreed to pay Genovese $30,000 on...
In this paper, in addition to presenting the computed answers, please also discuss how you arrived...
In this paper, in addition to presenting the computed answers, please also discuss how you arrived at each answer the accounting problem asks. The accounting problem presents a company's balance sheet, income statement, and statement of cash flows for a theoretical company, Polly's Pet Products. Each of these statements has blank lines. Determine the values that would be appropriate for each blank line. Provide a narrative of how you arrived at each value. Include in this narrative an explanation of:...
please answer correctly
thanks
T ELEIRO ILU, U UNUSTAPLE 1. An entrepreneur must have $25,000 in 3 years to start a new business. (a) Calculate the amount that must be deposited now, assuming a 6% annual rate of return. 25,000 25,000 (1.063 6.06 : 11,151.88 1.0v (b) Apply the financial function command (with each numerical value reported in correct sequence) that would solve this problem. -585000) 2. A mother plans to give her child $7,000 at the end of each...
4. You have $15,000 today and plan to double this amount in 9 years. What rate of return must be earned in order to achieve this objective? (a) Apply the "Rule of 72" to solve this problem. (b) Apply the relevant financial function command (with each numerical value reported in correct sequence) that would solve this probl
please explain
ars with an accumulated portfolio valus that must be invested at the end of each an annual rate of return of 6% 3. A man plans to retire in 35 years with a (a) Calculate the amount that must 35 years, assuming an annual n=35 EVA1500,000 PMT2 FVA 1) ed portfolio value of $1,500,000. the end of each year for the next i..ou [13460.8 (b) Apply the financial function command (with each numerical value reported in correct sequence)...
please expaine
ars with an accumulated portfolio valus that must be invested at the end of each an annual rate of return of 6% 3. A man plans to retire in 35 years with a (a) Calculate the amount that must 35 years, assuming an annual n=35 EVA1500,000 PMT2 FVA 1) ed portfolio value of $1,500,000. the end of each year for the next i..ou [13460.8 (b) Apply the financial function command (with each numerical value reported in correct sequence)...
the
answers i already have are probably wrong. please correct if so.
thank you!!!
Suppose that you have an initial investment of $350. For each of the given compounding situations, using an annual percentage rate (APR) of 1.5% find the value of the investment after 22 months, find how long it would take to double the money, and find the APY. Follow the rounding rules at the top of the column and include units in your answers. Compounded Formula entered...
please provide answers to ALL 3 questions.
You are a financial investigator for the SEC. You discover a few pieces of information regarding a loan taken out by a suspect in a fraud case. The loan was to be repaid with level annual payments of 3,576.71. Also, the Outstanding Balance at time 0 was 24,000 and the Outstanding Balance at time 1 was 22,343.29 3. in order to help convict the suspect, you need to find a the interest rate...
i think i have the correct answers for (a-d) but am struggling
with e. thank you!
1. Hank Leighton is the Vice President of Purchasing for the consumer electronics division of the Major Electric Corporation (MEC). The company recently introduced a new type of video camcorder that has taken the market by storm. Although Hank is pleased with the strong demand for this product in the market place, it has been a challenge to keep up with MEC'S distributors' orders...
can
you please answer the questions that were not correct, please.
Problem 12-3 Information concerning Pina Corporation's intangible assets is as follows. 1. On January 1, 2017, Pina signed an agreement to operate as a franchisee of Hsian Copy Service, Inc. for an initial franchise fee of $50,000. Of this amount, $10,000 was paid when the agreement was signed, and the balance is payable in 4 annual payments of $10,000 each, beginning January 1, 2018. The agreement provides that the...
Hello,
Can you please help me with this problem and give an explanation
for the correct answer? Thank you.
Johnstone Company is facing several decisions regarding investing and financing activities. Address each decision independently. (EV of $1, PV of $1, EVA of $1, PVA of $1, EVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) 1. On June 30, 2021, the Johnstone Company purchased equipment from Genovese Corp. Johnstone agreed to pay Genovese $30,000 on...
In this paper, in addition to presenting the computed answers, please also discuss how you arrived at each answer the accounting problem asks. The accounting problem presents a company's balance sheet, income statement, and statement of cash flows for a theoretical company, Polly's Pet Products. Each of these statements has blank lines. Determine the values that would be appropriate for each blank line. Provide a narrative of how you arrived at each value. Include in this narrative an explanation of:...
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