Tutors Answer Your Questions about Finance (FREE)
Question 1161198: The revenue from selling 'q' items is R(q)= 325-q^2, and the total cost is C(q)=50+14q. Write a function that gives the total profit earned, and find the quantity which maximizes the profit.
Profit pi(q)=?
Quantity maximizing profit q=?
Click here to see answer by solver91311(24713)   |
Question 1161198: The revenue from selling 'q' items is R(q)= 325-q^2, and the total cost is C(q)=50+14q. Write a function that gives the total profit earned, and find the quantity which maximizes the profit.
Profit pi(q)=?
Quantity maximizing profit q=?
Click here to see answer by ikleyn(52781)  |
Question 1161293: Your grandfather is planning to retire this year. Her firm has offered her a lumpsum retirement payment of $50,000 now or a $6,000 life time ordinary annuity whichever she chooses. Your grandfather is in reasonably good health and expects
to live for at least 10 years more. Which option should she choose, assuming that
an 7 percent annual interest rate is appropriate to evaluate the annuity?
Click here to see answer by ikleyn(52781) |
Question 1161292: Suppose you take the sure $0.5, You can invest it in either a U.S Treasury Bond that will return $537,500 at the end of a year or a common stock that has a 50/50 chance of being either worthless or worth $1,150,000 at the end of the year.
What is the expected dollar profit on the stock investment?
Click here to see answer by greenestamps(13200)  |
Question 1161295: Your grandfather is planning to retire this year. His firm has offered him a lumpsum retirement payment of $50,000 now or a $6,000 life time ordinary annuity whichever he chooses. Your grandfather is in reasonably good health and expects to live for at least 10 years more. Which option should he choose, assuming that an 7 percent annual interest rate is appropriate to evaluate the annuity?
Click here to see answer by ikleyn(52781) |
Question 1161273: 1)Suppose you invest $150 at the end of each month for 6 years into an account earning 6% annual interest compounded monthly. After 6 years, you leave the money, without making additional deposits, in the account for another 24 years. How much will you have in the end?
2)Suppose you want to have $500,000 for retirement. Your account earns 9% interest compounded monthly. If you deposit $200 at the end of each month, how long will it take you to reach your goal? Round to the nearest year.
3)How much would you need to deposit in an account at the end of each month in order to have $40,000 in the account in 10 years? Assume the account earns 6% annual interest compounded monthly.
4)An account starts with a value of $5,900. It earns 6.3%, compounded monthly. $200 is added to the account at the end of each month. What will the account balance be after 41 years?
Note: It is important that you do TWO calculations and round each one to the nearest penny to avoid a possible one-penny rounding issue.
Answer = $
5) You deposit $2000 at the beginning of each year into an account earning 5% interest compounded annually. How much will you have in the account in 25 years?
Click here to see answer by ikleyn(52781) |
Question 1161375: 1) Suppose you want to have $500,000 for retirement. Your account earns 9% interest compounded monthly. If you deposit $200 at the end of each month, how long will it take you to reach your goal? Round to the nearest year.
years
Click here to see answer by ikleyn(52781) |
Question 1161374: 1) A young couple take out a 30-year home mortgage of $146,000.00 at 7.6% compounded monthly. They make their regular monthly payment for 6 years, then decide to up their monthly payment to $1,350.00.
a) What is the regular monthly payment? $
b) What is the unpaid balance when they begin paying the accelerated monthly payment of $1,350.00? $
c) How many monthly payment of $1,350.00 will it take to pay off the loan?
payments
d) How much interest will this couple save? $
Click here to see answer by Theo(13342)  |
Question 1161009: I have arranged to borrow $18,000 from my parents toward a holiday. I will repay the loan over 6 years in equal year-end payments. If the interest rate is 9.7% p.a. compounding monthly, my annual repayment is
Click here to see answer by Theo(13342) |
Question 1161011: Your business will pay you distributions of $16,000 in 12 months and another $13,000 in 23 months. If the discount rate is 7% per annum (compounding monthly) for the first 15 months, and 9% per annum (compounding monthly) for the next 8 months, what single amount received today would be equal to the two proposed payments?
Click here to see answer by Theo(13342) |
Question 1161444: hi i m stuck at this question
Hak young has gone on to accumulate other credit card debt on top of what he owes from his Disney Land vacation and his total debit is now $18,764.82. He is getting worried about his debt and is determined to pay it off completely. With all conditions of the account being the same as above, what would Hak Young�s minimum monthly payment have to be in order to pay off his debt in 8 years?
Click here to see answer by greenestamps(13200) |
Question 1161373: 1) An account starts with a value of $5,900. It earns 6.3%, compounded monthly. $200 is added to the account at the end of each month. What will the account balance be after 41 years?
Note: It is important that you do TWO calculations and round each one to the nearest penny to avoid a possible one-penny rounding issue.
Answer = $
Click here to see answer by Theo(13342) |
Question 1161373: 1) An account starts with a value of $5,900. It earns 6.3%, compounded monthly. $200 is added to the account at the end of each month. What will the account balance be after 41 years?
Note: It is important that you do TWO calculations and round each one to the nearest penny to avoid a possible one-penny rounding issue.
Answer = $
Click here to see answer by MathTherapy(10552)  |
Question 1161012: You inherit $429,000. You can receive the $429,000 in one lump sum payment today or, alternatively, receive two amounts: $229,000 in 8 months and $220,000 in 21 months from today. If you can earn 13.3% per annum compounding monthly on your monies, what is the value of the option to receive two payments (in present day value)?
Click here to see answer by Theo(13342) |
Question 1161012: You inherit $429,000. You can receive the $429,000 in one lump sum payment today or, alternatively, receive two amounts: $229,000 in 8 months and $220,000 in 21 months from today. If you can earn 13.3% per annum compounding monthly on your monies, what is the value of the option to receive two payments (in present day value)?
Click here to see answer by MathTherapy(10552) |
Question 1161505: david is solving a function x^3 + x^2 - 5x < 0 He determines that the zeroes of f(x) = x^3 + x^2 - 5x are 0, -2.8 and 1.8 based on this information whats the solution to x^3 + x^2 - 5x < 0
a) x=0. x=-2.8, x=1.8
b)x < -2.8, 0 < x <1.8
c)-2.8 < x < 0, x > 1.8
d)-2.8 < x < 1.8
Click here to see answer by greenestamps(13200) |
Question 1161505: david is solving a function x^3 + x^2 - 5x < 0 He determines that the zeroes of f(x) = x^3 + x^2 - 5x are 0, -2.8 and 1.8 based on this information whats the solution to x^3 + x^2 - 5x < 0
a) x=0. x=-2.8, x=1.8
b)x < -2.8, 0 < x <1.8
c)-2.8 < x < 0, x > 1.8
d)-2.8 < x < 1.8
Click here to see answer by ikleyn(52781) |
Question 1161502: Use graphical approximation techniques to answer the question. When would an ordinary annuity consisting of quarterly payments of $ 572.62 at 3 % compounded quarterly be worth more than a principal of $ 6900 invested at 5 % simple interest? it is asking for The annuity would be worth more than the principal in approximately ____ years?
Click here to see answer by Theo(13342) |
Question 1161567: 3. Emco Ltd. received an invoice dated may 5 for $4000 less 15% and 7.5%, terms 3/5 E.O.M. A cheque forb $1595.65 was mailed by EMCO on June 15 as part payment of the invoice.
a) by how much did EMCO reduce the amount due on invoice?
b) how much does EMCO still owe ?
Click here to see answer by ikleyn(52781) |
Question 1161622: A person plans to invest a total of $250,000 in a money market account, a bond fund, an international stock fund, and a domestic stock fund. She wants 60% of her investment to be conservative (money market and bonds). She wants the amount in domestic stocks to be 4 times the amount in international stocks. Finally, she needs an annual return of $10,000
Assuming she gets annual returns of 2.5% on the money market account, 3.5% on the bond fund, 4% on the international stock fund, and 6% on the domestic stock fund, how much should she put in each investment?
Click here to see answer by ikleyn(52781) |
Question 1161667: PROJECT WORK
Q1.Assume the following data of Jimma Abba Jifar Waddesa Wooden product Furniture Factory as of January 1, 2016 as follows:
Direct materials inventory January1 Birr…………………..…....... 300,000
Direct materials inventory January 31 Birr………..…………….... 134,000
. . . .
CGS
Record the necessary journal entry &
Prepare I/S (i. assume tax rate 30% , ii. Single steps, iii. Multiple steps.)
Click here to see answer by ikleyn(52781) |
|
Older solutions: 1..45, 46..90, 91..135, 136..180, 181..225, 226..270, 271..315, 316..360, 361..405, 406..450, 451..495, 496..540, 541..585, 586..630, 631..675, 676..720, 721..765, 766..810, 811..855, 856..900, 901..945, 946..990, 991..1035, 1036..1080, 1081..1125, 1126..1170, 1171..1215, 1216..1260, 1261..1305, 1306..1350, 1351..1395, 1396..1440, 1441..1485, 1486..1530, 1531..1575, 1576..1620, 1621..1665, 1666..1710, 1711..1755, 1756..1800, 1801..1845, 1846..1890, 1891..1935, 1936..1980, 1981..2025, 2026..2070, 2071..2115, 2116..2160, 2161..2205, 2206..2250, 2251..2295, 2296..2340, 2341..2385, 2386..2430, 2431..2475, 2476..2520, 2521..2565, 2566..2610, 2611..2655, 2656..2700, 2701..2745, 2746..2790, 2791..2835, 2836..2880, 2881..2925, 2926..2970, 2971..3015, 3016..3060, 3061..3105, 3106..3150, 3151..3195, 3196..3240, 3241..3285, 3286..3330, 3331..3375, 3376..3420, 3421..3465, 3466..3510, 3511..3555, 3556..3600, 3601..3645, 3646..3690, 3691..3735, 3736..3780, 3781..3825, 3826..3870, 3871..3915, 3916..3960, 3961..4005, 4006..4050, 4051..4095, 4096..4140, 4141..4185, 4186..4230, 4231..4275, 4276..4320, 4321..4365, 4366..4410, 4411..4455, 4456..4500, 4501..4545, 4546..4590, 4591..4635, 4636..4680, 4681..4725, 4726..4770, 4771..4815, 4816..4860, 4861..4905, 4906..4950, 4951..4995, 4996..5040, 5041..5085, 5086..5130, 5131..5175, 5176..5220, 5221..5265, 5266..5310, 5311..5355, 5356..5400, 5401..5445, 5446..5490, 5491..5535, 5536..5580, 5581..5625, 5626..5670, 5671..5715, 5716..5760, 5761..5805, 5806..5850, 5851..5895, 5896..5940, 5941..5985, 5986..6030, 6031..6075, 6076..6120, 6121..6165, 6166..6210, 6211..6255, 6256..6300, 6301..6345, 6346..6390, 6391..6435, 6436..6480, 6481..6525, 6526..6570, 6571..6615, 6616..6660, 6661..6705, 6706..6750, 6751..6795, 6796..6840, 6841..6885, 6886..6930, 6931..6975, 6976..7020, 7021..7065, 7066..7110, 7111..7155, 7156..7200, 7201..7245, 7246..7290, 7291..7335, 7336..7380, 7381..7425, 7426..7470, 7471..7515, 7516..7560, 7561..7605, 7606..7650, 7651..7695, 7696..7740, 7741..7785, 7786..7830, 7831..7875, 7876..7920, 7921..7965, 7966..8010, 8011..8055, 8056..8100, 8101..8145, 8146..8190, 8191..8235, 8236..8280, 8281..8325, 8326..8370, 8371..8415, 8416..8460, 8461..8505, 8506..8550, 8551..8595, 8596..8640, 8641..8685, 8686..8730, 8731..8775, 8776..8820, 8821..8865, 8866..8910, 8911..8955, 8956..9000, 9001..9045, 9046..9090, 9091..9135, 9136..9180, 9181..9225, 9226..9270, 9271..9315, 9316..9360, 9361..9405, 9406..9450, 9451..9495, 9496..9540, 9541..9585, 9586..9630, 9631..9675, 9676..9720, 9721..9765, 9766..9810, 9811..9855, 9856..9900, 9901..9945, 9946..9990, 9991..10035, 10036..10080, 10081..10125, 10126..10170, 10171..10215, 10216..10260, 10261..10305, 10306..10350, 10351..10395, 10396..10440, 10441..10485, 10486..10530, 10531..10575, 10576..10620, 10621..10665, 10666..10710, 10711..10755, 10756..10800, 10801..10845, 10846..10890, 10891..10935, 10936..10980, 10981..11025, 11026..11070, 11071..11115, 11116..11160, 11161..11205, 11206..11250, 11251..11295, 11296..11340, 11341..11385, 11386..11430, 11431..11475, 11476..11520, 11521..11565, 11566..11610, 11611..11655, 11656..11700, 11701..11745, 11746..11790, 11791..11835, 11836..11880, 11881..11925, 11926..11970, 11971..12015, 12016..12060, 12061..12105, 12106..12150, 12151..12195, 12196..12240, 12241..12285, 12286..12330, 12331..12375, 12376..12420, 12421..12465, 12466..12510, 12511..12555, 12556..12600, 12601..12645, 12646..12690, 12691..12735, 12736..12780, 12781..12825, 12826..12870, 12871..12915, 12916..12960, 12961..13005, 13006..13050, 13051..13095, 13096..13140, 13141..13185, 13186..13230, 13231..13275, 13276..13320, 13321..13365, 13366..13410, 13411..13455, 13456..13500, 13501..13545, 13546..13590, 13591..13635, 13636..13680, 13681..13725, 13726..13770, 13771..13815, 13816..13860, 13861..13905, 13906..13950, 13951..13995, 13996..14040, 14041..14085, 14086..14130, 14131..14175, 14176..14220, 14221..14265, 14266..14310, 14311..14355, 14356..14400, 14401..14445, 14446..14490, 14491..14535, 14536..14580, 14581..14625, 14626..14670, 14671..14715, 14716..14760, 14761..14805, 14806..14850, 14851..14895, 14896..14940, 14941..14985, 14986..15030, 15031..15075, 15076..15120, 15121..15165, 15166..15210, 15211..15255, 15256..15300, 15301..15345, 15346..15390, 15391..15435, 15436..15480, 15481..15525, 15526..15570, 15571..15615, 15616..15660, 15661..15705, 15706..15750, 15751..15795, 15796..15840, 15841..15885, 15886..15930, 15931..15975, 15976..16020, 16021..16065, 16066..16110, 16111..16155, 16156..16200, 16201..16245, 16246..16290, 16291..16335, 16336..16380, 16381..16425, 16426..16470, 16471..16515, 16516..16560
|
