Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Basic Finance Expert

Take this chance to think the subject under conversation and prepare a response which answers all the queries and fully illustrates your understanding of topic. To show your knowledge, take time to give confirmation that illustrates how you prepare the answers by mentioning sources to rationalize your response.

Advertised monthly lending rate of= 0.9% is about= 11% per year. This dissimilarity between the advertised rate and annualized rate is based on finer TVM details which may be overlooked by borrowers. Describe how you may have utilized TVM in latest investment or loan decision and describe some TVM details which may have been concerned in your transaction.

If you haven’t utilized TVM in past financial transactions what practical TVM application would you wait for to meet in future.

Requirements

Max Pages: 1
Other Requirements: 3/4 page to 1 page describeing TVM

2) At the 7th birthday party your daughter she informs you that she wishes to go to Concordia when she grows up. You estimate it will cost you= $30,000 per year for her to be there a four year program. You make a decision to begin putting money into the account which pays 11% annually that are applicable rates for years to come. You will start to make deposits directly on her birthday and continue this practice until her 17th birthday. She starts college (and the first tuition payment is payable) on her 18th birthday. Second is to be paid on her 19th birthday and etc. How large are annual deposits you make to this account?

i) $4,286
ii) $4,758
iii) $5,281
iv) $32,778
v) None of the provided answers is right.

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M914047

Have any Question? 


Related Questions in Basic Finance

1nbspcalculate the cost of new common equity financing of

1. Calculate the cost of new common equity financing of stock R using Gordon Model Round the answers to two decimal places in percentage form (Write the percentage sign in the "units" box) Last Year Dividend Growth Rate ...

An investment costs 875000 today and is expected to produce

An investment costs $875,000 today and is expected to produce a one-time inflow at the end of year 8 of $1,430,000. What is the IRR of this project?

1 what are the four basic goals of behavioral research2

1. What are the four basic goals of behavioral research? 2. Distinguish between basic and applied research. In what ways are basic and applied research interdependent?

1 oil and gas companies must disclose quantity estimates

1. Oil and gas companies must disclose quantity estimates for proved oil and gas reserves and the major factors causing changes in these resource estimates. Briefly indicate why this disclosure can be significant. 2. For ...

Briefly describe each of the following funds transfer

Briefly describe each of the following funds transfer mechanisms: a. Depository transfer check (DTC) b. Automated clearinghouse (ACH) debit transfer c. Wire transfer Why are wire transfers typically used only for high-do ...

In fig 911 is intermediate code to compute the dot product

In Fig. 9.11 is intermediate code to compute the dot product of two vectors A and B. Optimize this code by eliminating common subexpressions, performing reduction in strength on induction variables, and eliminating all t ...

1 what factors should an investor consider when trying to

1. What factors should an investor consider when trying to decide whether to dispose of a property that he has owned for several years? 2. What causes the marginal rate of return to change over time? How can the marginal ...

1 what part of the federal fair housing act is applicable

1. What part of the federal Fair Housing Act is applicable to an apartment project? 2. Define net lease. 3. Why does shopping center management promote shopper-attraction activities? 4. How does a shopping center utilize ...

You buy a 10-year bond with a 4 coupon rate paid annually

You buy a 10-year bond with a 4% coupon rate (paid annually) and a $1,000 face valueat par. If the yield to maturity increases to 5% per year compounded annually one yearfrom now, what is your 1-year holding period retur ...

Bellamee company has bonds outstanding with five years to

Bellamee Company has bonds outstanding with five years to maturity and a face value of $5,299. The bonds are currently priced at their face value. If the bonds have a coupon rate of 25 percent, then what is Bellamee's af ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro

Describe what you learned about the impact of economic

Describe what you learned about the impact of economic, social, and demographic trends affecting the US labor environmen