Tutors Answer Your Questions about Finance (FREE)
Question 872358: A man has $10,000 to invest, some in a relatively safe account
earning 5% interest per year, and the rest in more speculative
investments earning 12% per year. If the total interest earned for the
year was $955, how much was invested at each rate?
Click here to see answer by mananth(16946)  |
Question 872858: A consultant charges a school fee of $300 per hour including 10% GST. The school hires the consultant for 2 hours but can still claim back the GST from the government. Find the net cost of the consultant for the school to the nearest cent.
I've done 300(2) x 1.1 but it's not right. Is there another rule that could make this easier to solve the net cost?
Click here to see answer by ewatrrr(24785)  |
Question 874154: Suppose you toss a coin 25 times, and it lands heads up 13 times. Compare the experimental probability, the theoretical probability of the coin landing on heads.
What is the theoretical probability of flipping a coin?
Click here to see answer by ewatrrr(24785)  |
Question 874041: Please help me solve this, I'm a bit confused.
Solve each system of equations using matrix equation. Explain step by step. Check answers.
x+y+z=4
4x+5y=3
y-3z=-10
(there is a big "{" around all three of them, if that matters)
Click here to see answer by richwmiller(17219)  |
Question 874351: 24. Two taps A and B can fill a tank in 20 min and 30 min, respectively. An outlet pipe C can empty the full tank in 15 min. A, B and C are opened alternatively, each for 1 min. How long will the tank to be filled?
Click here to see answer by dkppathak(439)  |
Question 874879: Pretend you are taking out a $5,000 loan that you will have to pay back within 5 years with 8% interest compounded monthly. What would be a more beneficial change to your repayment plan? Explain.
a) reducing the term to 4 years
b) reducing the interest rate to 6.5%
Thanks for any help, much is appreciated .
Click here to see answer by Alan3354(69443)  |
Question 875019: Joe bought 8 sacks of birdseed for his petshop. Each sack weighed 15kg. He repacked the seed into 450g bags.
1. How many full bags did he pack?
2. Joe bought the birdseed at 20$ per sack. How much profit does he make if he sells the bags for 1$ each?
Click here to see answer by edjones(8007)  |
Question 875025: Dennis is building a brick wall that will measure 10 feet by 16 feet. If the bricks he is using
are 3 inches wide and 5 inches long, how many
bricks will it take to build the wall?
Please specify the answer okay?
Thanks
Click here to see answer by rothauserc(4718)  |
Question 875686: The scale of a map is 1 : 40,000
Sarah measured the distance on the map between the Post Office and the Bank to be 5.7cm
What is the actual distance between the Post Office and the Bank?
A.) 142.5m
B.)228 m
C.)1.425 km
D.) 2.28 km
E.) 22.8 km
Click here to see answer by ewatrrr(24785)  |
Question 875839: There are two competing proposals for the redevelopment of a piece of vacant land in Accra. One is to construct an office block on the site and the other is to construct a casino. You have been asked to give advice on which is the better investment. The two projects generate the following cash flows
Year
Office
Casino
year 0 office -300 casino -300
year 1 office -30 casino -400
year 2 office 90 casino 50
year 3 office 180 casino 100
year 4 office 215 casino 800
a) What is the Net Present Value of each project using a discount rate of 6%?
(5 marks)
b) What is the Internal Rate of Return of each project (to the nearest 1%)?
(5 marks)
c) Explain the advice you would give to your client if their target rate of return was 15% (5 marks)
d) What are strengths and weaknesses of NPV and the IRR investment decision criteria? (8 marks)
e) What are sunk costs and how are they treated in analyzing cash flows?
(5 marks)
f) Explain the difference between sensitivity analysis and scenario analysis
Click here to see answer by Theo(13342)  |
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