FIN 370 Week 3 Problems 4–6 through 5–6
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4-6. A cash...
the lesson, the first year section one students should be able to:
* Recognize key word that indicates certain mathematical operations.
* Translate verbal statement into equations.
* Identify the basic steps in solving word problem.
* Solve age problems in at least 5 minutes.
What will happen to you in Five years time?
This is one of my favorite question. Every time when I asked this question to my friends, I will get answer like “Well Shawn, I don’t know because 5 years is a long time and many things may happen”. Or sometimes I will get answer like “I’ve never thought of...
interest compounded quarterly offers the best rate of return. Because the cash is compounded every three months as opposed to every six months or every year the initial investment grows at a faster rate. “It follows that more frequent compounding, such as quarterly or monthly, produces even higher earnings”...
cash balance is $222,009.
a. $5,000 invested for 10 years at 10 percent compounded annually:
$5,000 / 10%
= $500 x 10 years
= $5,000 + $5,000 (invested)
b. $8,000 invested for 7 years at 8 percent compounded annually:
$8,000 / 8%
= $640 x 7 years
= $4,480 + $8,000 (invested)
Child & young person’s development (0-19)
1.1 Describe the expected pattern of children & young person’s development from birth to 19 years, to includes:
a) Physical development
b) Communication & intellectual development
c) Social, emotional & behavioural development
(Compound interest) To what amount will the following investments accumulate?
Using future value formula
$5,000 invested for 10 years at 10 percent compounded annually
$8,000 invested for 7 years at 8 percent compounded annually
$775 invested for 12 years...
decades before the rudely banished monument to three historic suffragists — Susan B. Anthony, Elizabeth Cady Stanton and Lucretia Mott — was hauled up from the basement of the United States Capitol in 1997 and restored to its rightful place by the rotunda.
The path has been no less tortuous for a proposed...
as production manager in this company for several years that familiar with the ways of how motivate employees to improve productivity and earn profit more. But, the dropping production resulting from the bad working condition hurts my feeling every now and then. As we know, the tube supporting by our...
A dog takes 8 leaps for every 3 leaps of a have and 3 leaps of dog are equal to 5 leaps of the have. What is the ratio of their speed?
(a) 9: 40 (b) 9: 31 (c) 31: 9 (d) 40: 9
Ans. 3 leaps of dog = 5 leaps of have.
1 leap of dog =53 leaps of have.
8 leaps of dog 403 leaps of have...
some money on deposit in a bank account that pays a nominal (or quoted) rate of 8.0944 percent, but with interest compounded daily (using a 365-day year). Your friend owns a security that calls for the payment of $10,000 after 27 months. The security is just as safe as your bank deposit, and your friend...
daughter Chloe. Tuition rates are currently $9,500 per year at the state college and have been increasing at a rate of 7% annually. Chloe will begin college in 7 years. The Johnson’s have $9,500 set aside now in a college plan that will earn 6% per year. They recently heard about a plan to pre-pay tuition...
triangle has a perimeter of 50. If 2 of its sides are equal and the third side is 5 more than the equal sides, what is the length of the third side?
Step 1: Assign variables:
Let x = length of the equal side
Let x + 5 = length of the third side
Step 2: Write out the formula for perimeter of...
(5 points) $100 today is worth the SAME as $100 tomorrow.
(5 points) At an interest rate of 10% it is better to have $100 today than $120 in 2 years.
(5 points) Megan wants to buy a designer handbag and plans to earn the...
The warehouse manager thought your presentation on operations management was extremely valuable to the company. He now wants to shift the conversation to focus on his warehouse department. You told him a little about supply chain design and how it could improve inventory management. He is interested...
using financial ratios? How would the DuPont analysis overcome some of these problems?
What is the capital market? How is the primary market different from the secondary market? In your opinion, are these markets efficient? Why or why not?
Define the difference between strategic planning and financial...
types of problems are:
Problem Type 1:
A projectile is launched with an initial horizontal velocity from an elevated position and follows a parabolic path to the ground. Predictable unknowns include the initial speed of the projectile, the initial height...
then receive $60 in four years.
Cashflow B: receive $12 every year, forever, starting today.
Cashflow C: pay $50 every year for five years, with the first payment being next year,
and then subsequently receive $30 every year for 20 years.
Cashflow D: receive $9 every other year, forever, with the first...
Age Related Problems
1.) Irene is one-third the age of Bea. Three years ago, Irene was twice as old as Irene. How old is each?
Let the present age of Irene be X and of Bea be Y.
Equation 1 (by reading the first sentence) : X = Y/3
Equation 2 (second sentence) : (X - 3) = 2 * (Y -...
Now…Now…Now…Someone is dying because of smoking every 6.5 seconds. According to the World Health Organization around 5.4 million deaths a year are caused by tobacco. Smoking is set to kill 6.5 million people in 2015 and 8.3 million humans in 2030, with the biggest rise in low-and middle-income countries...
concerned with choosing from among two or more alternative investment projects, each of which has passed the hurdle. 14-4 Accounting net income is based on accruals rather than on cash flows. Both the net present value and internal rate of return methods focus on cash flows. 14-5 Discounted cash flow methods...
Equation 1 by 4 to get 4x/4 = 8/4
The simplified version of equation 1 is x = 2.
Divide both sides of Equation 2 by 5 to get 5y/5 = 15/5
The simplified version of equation 2 is y = 3.
Now, let us plot the above equations on a graph. The co-ordinates of the point of intersection (if any) of these 2 lines...
(5 points) $100 today is worth the SAME as $100 tomorrow.
(5 points) $100 invested for 10 years at 12% interest is worth more in FV terms than $200 invested for 10 years at 4% interest.
(5 points) Megan wants to buy a designer handbag and...
question 3. The steps summarized in Figure 5.5 on p. 353 (Ch. 5) may help guide your answer to question 3. Justify your decision based on the impact it would have on the stakeholders involved in the situation using terminology and concepts from Ch. 5.
• Post your response in 200 to 300 words.
Week 3 Homework Assignment; Problems
Week 3 Homework Problems; 5-1, 5-2, 5-6
Week 4 Homework Problems page 297, 371
Week 4 Midterm; Business Valuation and Stock Valuation
Week 5 Homework Problem10-8,10-9,11-2,11-3
Week 5 Project Case 11-7-New-Project Analysis
Week 6 Homework Problem12-1,13-2...
proposed project requires £751,500,000, which represents 70% of the total cost of the project over the 15 years. Therefore, the overall cash inflows (cash generated from electricity) over the 15 years are insufficient to cover the initial costs, other costs (e.g. salaries, advertising costs, and maintenance...
Task 4. Capital Budgeting for a New Machine
A few months have now passed and AirJet Best Parts, Inc. is considering the purchase on a new machine that will increase the production of a special component significantly. The anticipated cash flows for the project are as follows:
yearly rate 5%, for 6 years and 4 months b) yearly rate 8%, for 7 years, 2 months and 15 days 2) With a starting investment of 3.65 how long does it take to have a final total value of 4.779 with a 5.2% yearly rate, simple interest ? 3) 10 years ago you deposited 15.6 in a bank account paying 5% (yearly...
Week 3 Problems from Financial Management: Principles and Applications
15-13A. (Break-even point and operating leverage) Allison Radios manufactures a complete line of radio and communication equipment for law enforcement agencies. The average selling price of its finished product is $180 per unit...
1. A Father is 50 years old. Ten years from now his age will be 3 times as old as his son. How old is the son now?
Let: S = age of son now
F = age of father now = 50
After 10 years,
(F + 10) = 3(S+10)
(50+10) = 3(S=10)