Tutors Answer Your Questions about Finance (FREE)
Question 1170345: the smith and jones families plan a train from cedar city to lake powelll. the smith family makes the 168 mile trip at a speed that is 8 miles per hour faster than the jones family. the jones family is pulling the boat and takes half and hour longer to make the trip. what are the speeds of the 2 families?
Click here to see answer by josgarithmetic(39617) |
Question 1170054: Suppose you want to save in order to purchase a new boat. Take the APR to be 7.2%.
You want to have $11,000 toward the purchase of a boat in three years. How much do you need to deposit each month? (Round your answer to the nearest cent.)
Click here to see answer by Boreal(15235)  |
Question 1170414: A tank containing 50 litres of water develops a leak and loses water at a constant rate. After 20 minutes it contains 40 liters. After a further 30 minutes the tank is 5% of its full capacity. Determine the tank's capacity.
Click here to see answer by ikleyn(52781)  |
Question 1170442: Two families from the same neighborhood plan a ski trip together. The first family makes the 455 mile trip at a speed 5 miles per hour faster than the second family. The second family takes a half-hour longer to make the trip. What are the speeds of the two families?
Click here to see answer by ikleyn(52781)  |
Question 1170442: Two families from the same neighborhood plan a ski trip together. The first family makes the 455 mile trip at a speed 5 miles per hour faster than the second family. The second family takes a half-hour longer to make the trip. What are the speeds of the two families?
Click here to see answer by josgarithmetic(39617) |
Question 1170458: One leg of a right triangle is 5 feet less than twice the other leg. If the hypotenuse of the triangle is 60 feet, set up an equation to find the length of one leg of this triangle. Draw a diagram and use the Pythagorean Theorem. Do not solve. Just setup the equation.
Click here to see answer by ikleyn(52781)  |
Question 1170567: In 2012, the population of a city was 5.82 million. The exponential growth rate was 2.95% per year.
a) Find the exponential growth function.
b) Estimate the population of the city in 2018.
c) When will the population of the city be million?
d) Find the doubling time.
Click here to see answer by Boreal(15235)  |
Question 1170630: Jose paid at Most $250 for the four markers and three pencils that he bought. Suppose the marker is more expensive than the pencil and their price difference is greater than $30. What is the amount of the marker and pencil??
Click here to see answer by ikleyn(52781)  |
Question 1170664: XYZ Company is buying and selling strollers. The followinsg events took place in January 2019.
1- Mr. Ahmet invested 100.000 TL in the business and put this amount into the company as cash on 1 January 2019.
2- The company recruited 10 persons and the firm rented a working place from Kentpark Management on 1 January 2019, and paid 24-month-rent 48.000 TL. (tax excluded)
3- The company borrowed 1.200.000 TL from a İŞ BANK on 1 January 2019. The loan matures on 31 December 2020, with an annual interest expense of 120.000 TL and the principal of annual payment is 600.000 TL. (They were paid on 31.12.2019)
4- The company insured its properties, effective from 1 January to 31 December 2019, and paid an insurance premium of 24.000TL for the whole period of insurance on 1 January 2019.
5- On 1 January 2019, The company bought a truck for 30.000TL and paid 30.000 TL Consumption Tax, 10.800 TL Value Added Tax. Useful life for truck is 4 years. (Company uses straight line amortization model in indirect recording method)
6- The company purchased office supplies for 23.600 TL (tax included) on 4 February 2019. End of the year a physical count of supplies revealed that 10.000TL worth of such supplies remained unused.
7- On 6 March 2019, the company purchased 11.000 strollers from Babies"R"Us Cooperation for 1.040.000 TL (tax excluded) and paid transportation expense for 16.000 TL (tax excluded) For which transportation expense and its tax were paid in cash. (18.880TL) Stroller and its tax cost would be paid later. (Company gives a cheque 1.227.200TL) (value-added tax rate is % 18)
8- On 7 April 2019, The company sold 5.000 strollers for 900.000TL for which 162.000 TL was taken in cash. The rest would be paid later. (Company gets a cheque 900.000 TL) (value-added tax rate is % 18)
Required:
1-Prepare the journal entries in the general journal and post them to the ledger
2-Prepare balance sheet and income statement on 31.12.2019.
Click here to see answer by ikleyn(52781)  |
Question 1170732: Eduardo has $8500.00 to invest. He invests 75% of his money in Fund A and 25% in Fund B. Fund A earns 3.5% simple interest annually, while Fund B earns 4.2% simple interest annually. After two years, how much money will Eduardo have?
Click here to see answer by ikleyn(52781)  |
Question 1170761: A school dance committee is to consist of 2 freshmen, 3 sophomores, 4 juniors, and 5 seniors. If 7 freshmen, 9 sophomores, 9 juniors, and 9 seniors are eligible to be on the committee, in how many ways can the committee be chosen?
Your answer is :
Click here to see answer by math_tutor2020(3817) |
Question 1170762: in endurance horse racing, people over the age of 15 are called seniors and people 15 years or younger are called juniors. An endurance horse race consists of 25 seniors and 5 juniors. (Give answer as a fraction or a decimal out to at least 4 places. If your answer is very small use scientific notation for example 3.3421E-6.)
endurance horse race
What is the probability that the top three finishers were:
(a) all seniors
(b) all juniors
(c) 2 seniors and 1 junior
(d) 1 senior and 2 juniors
Click here to see answer by Boreal(15235)  |
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