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I am having trouble with these sets of problems. I have to show all the work for it and am not sure what formulas to use or how to set up the questions.
Question 1 You work for the Town of Richdale and earn a gross annual salary of $52,000. You have $10,000 in savings which you plan to invest in a three-year GIC that pays 3 percent compounded monthly. You have $10,000 in credit cards (average APR = 20 percent) towards which you pay $300 monthly....
Please answer all of the following problems by typing the numerical solution into the spaces provided beneath each question. attach an Excel file 1.An investment will require a $1.0 million cash outlay. It will generate perpetual net cash inflows of $115,000 a year. Investors could earn 9...
Your job pays you only once a year, for all the work you did over the previous 12 months. Today, December 31, you just received your salary of $55,000 and you plan to spend all of it. However, you want to start saving for retirement beginning next year. You have decided that one year from today...
You are considering a project with the following cash flows: Year 1 Year 2 Year 3$1,200 $1,800 $2,900What is the present value of these cash flows, given a 9 percent discount rate?A) $4,713.62B) $4,855.27C) $5,103.18D) $5,292.25E) $6,853.612.Today you earn a salary of $28,500....
1-Give some examples of ways in which manager's goals can differ from those of shareholders. 2- A firm has $520 in inventory, $1,860 in fixed assets, $190 in accounts receivables, $210 in accounts payable, and $70 in cash. What is the amount of the current assets? 3-A firm has net working...