$ 162,093.93
Year | Cash flow | Discount factor | Present Value |
a | b | c=1.08^-a | d=b*c |
1 | $ 45,000 | 0.925926 | $ 41,666.67 |
2 | $ 47,700 | 0.857339 | $ 40,895.06 |
3 | $ 50,562 | 0.793832 | $ 40,137.75 |
4 | $ 53,596 | 0.73503 | $ 39,394.45 |
Total | $ 1,62,093.93 |
3) Mary Taggart is a graduating college senior and she is considering the costs of going...
Christine is working full-time at a job, and is considering going to college. She earns $35,000 per year working at the job. She spends $7000/year on rent, and $27,000 per year on other things. what are Christine's costs of working full-time? What are her benefits? Are Christine's benefits greater than her costs? Answer in dollars ($) and show how you got these answers.
One of Mary’s investments is going to mature, and she wants to determine how to invest the proceeds of $50,000. Mary is considering three new investments: a business startup fund (BSF), a one-year certificate of deposit (CD) with a guarantee of 4.5% return, or a communication technology stock called New 5 G Technology(N5G). Mary estimates the return on BSF as 15%, 9%, -3% or -12%, and the return on N5G as 33%, 28%, -13% or -22%, depending on whether market...
Scenario : Mrs. Martin wants to set aside money for her daughter’s future college education. She will deposit money into an education-specific savings account (529 Plan) that she expects to pay 8% per year, compounded annually. Mrs. Martin plans to deposit $1,000 one year from now, $1,500 two years from now, $2,000 three years from now, and this pattern will continue for a total of 18 years (and 18 deposits). This is an example of a linear gradient where A...
One of Mary’s investments is going to mature, and she wants to determine how to invest the proceeds of $50,000. Mary is considering three new investments: a business startup fund (BSF), a one-year certificate of deposit (CD) with a guarantee of 4.5% return, or a communication technology stock called New 5 G Technology(N5G). Mary estimates the return on BSF as 15%, 9%, -3% or -12%, and the return on N5G as 33%, 28%, -13% or -22%, depending on whether market...
THE MBA DECISION Lexy Halliday graduated four years ago with degrees in accounting and finance. She has been employed in the finance department at Thorvaldsen Conglomerated (TC) since graduation. She is satisfied with her current job, but is considering an MBA degree to increase her skills and her advancement prospects. She has examined a number of MBA schools. She has narrowed her choices to 1) staying in her current job, 2) getting an MBA at Arrington University (AU) or 3)...
Question. Aubrey is a college student going into her first year at UF. She will receive Bright Futures, which covers her tuition plus a $300 educational expense each Fall and Spring semester. Before college, Aubrey saved up $8000. She knows she will need to pay $1000 in rent a month, $50 for food a week, and $48 in other weekly expenses. Part A. Construct a linear model that describes her total costs, C as a function of the number of...
Question. Aubrey is a college student going into her first year at UF. She will receive Bright Futures, which covers her tuition plus a $300 educational expense each Fall and Spring semester. Before college, Aubrey saved up $8000. She knows she will need to pay $1000 in rent a month, $50 for food a week, and $48 in other weekly expenses. Part A. Construct a linear model that describes her total costs, C as a function of the number of...
3% Latisha is graduating from Queens College next semester and she just landed a job at a hospital as a compliance manager. She is excited at the prospect of this new opportunity. She would like to get more organized financially because she believes her new salary will now allow her to move into her own place. She talks to her friend, Brad, who sends her his monthly budget. It is a good place to start. Rent in the Bronx, however,...
please show work The MBA Decision Case Information #1 #2 #3 #4 Timeline for Growing Annuity THE MBA DECISION Lexy Halliday graduated four years ago with degrees in accounting and finance. She has been employed in the finance department at Thorvaldsen Conglomerated (TC) since graduation. She is satisfied with her current job, but is considering an MBA degree to increase her skills and her advancement prospects. She has examined a number of MBA schools. She has narrowed her choices to...
3% 4% Latisha is graduating from Queens College next semester and she just landed a job at a hospital as a compliance manager. She is excited at the prospect of this new opportunity. She would like to get more organized financially because she believes her new salary will now allow her to move into her own place She talks to her friend, Brad, who sends her his monthly budget. It is a good place to start. Rent in the Bronx,...