You are a male who just graduated from college with a bachelor's degree You have a job paying $50,780.00/yr. a....
A researcher with the Department of Education followed a cohort of students who graduated from high school in a certain year, monitoring the progress the students made toward completing a bachelor's degree. One aspect of his research was to determine whether students who first attended community college took longer to attain a bachelor's degree than those who immediately attended and remained at a 4-year institution. The data in the table attached below summarize the results of his study. Complete parts...
Albicher with the Department of Education followed a cohort of students who graduated from high school in a certain year, monitoring the progress the students made toward completing a bachelor's degree. One aspect of his research was to determine whether students who first attended community college took longer to attain a bachelor's degree than those who immediately attended and remained at a 4-year institution. The data in the table attached below summarize the results of his study Complete parts a)...
You just graduated college with your Bachelors Degree and accepted a job offer at your dream company. On January 1, 2020, you decide to celebrate by purchasing a Mercedes Convertible (see picture above) for $52,455. You have a 720 credit score, therefore you were able to get a 5% interest rate on a 7 year loan. You will be making monthly payments. Using Excel, prepare a professional amortization schedule for the entire 7 years. It must include the payment and...
You have been provided data on the comparative earnings (Weekly Wages) of women compared to men from 1979 through 2014 The purpose of the assignment is to compare the earnings of women to men over the time period given and to compare the earnings of persons based on education. For purposes of this assignment: 1. Calculate how many cents per dollar a woman with a Baccalaureate degree earns compared to: a. A man with a high school diploma for each...
Question 3 (0.5 points) You just graduated from college and landed your first "real" job, which pays $25,000 a year. In 12 years how much will you need to earn to maintain the same purchasing power if inflation is 0.75% per year? Your Answer: Answer Question 4 (0.5 points) You save $600 a year into a 401(k) account that you invest in a mutual fund earning 7% per year. You plan to retire in 30 years. How much money will...
Bob graduated from college two years ago with a degree in communications. He has a good job as a Communications Specialist making $50,000 a year. Because he took a basic financial class during his sophomore year of college, he understands the importance of creating a plan for his money. So he made it a priority to start saving, and he currently has a savings account of $5,000 built up. He’s motivated to continue putting away money for the future. However,...
You just graduated college with your Bachelors Degree and accepted a job offer at your dream company. On January 1, 2020, you decide to celebrate by purchasing a Mercedes Convertible (see picture above) for $52,455. You have a 720 credit score, therefore you were able to get a 5% interest rate on a 7 year loan. You will be making monthly payments. Using Excel, prepare a professional amortization schedule for the entire 7 years. It must include the payment and...
1. One of your high school buddies just graduated from college and accepted a great job in a small consulting firm. However, the firm does not offer health insurance. Over dinner one night, he asks you whether he should buy some health insurance, and if so, what kind? What do you say? Why? What other thoughts come to mind regarding this situation? 2. If insurers of dental services understand that high utilizers are disproportionately likely to join their plan,...
Ben Bates graduated from college six years ago with a finance undergraduate degree. Since graduation, he has been employed in the finance department at East Coast Yachts. Although he is satisfied with his current job, his goal is to become an investment banker. He feels that an MBA degree would allow him to achieve this goal. After examining schools, he has narrowed his choice to either Wilton University or Mount Perry College. Although internships are encouraged by both schools, to...
You just graduated from college and landed your first "real" job, which pays $32,000 a year. In 12 years how much will you need to earn to maintain the same purchasing power if inflation is 2.50% per year?