Answer:
It will make annual deposits for $ 4,056.202
Explanation:
His goal is a future value of 1,000,000 in 35 years.
we will deduct from this the future value of his other investment:
<u>IRA</u>
Principal 6,960.00
time 35.00
rate 0.08300
Amount 113,397.95
<u>Market account</u>
Principal 4,310.00
time 35.00
rate 0.05250
Amount 25,837.53
<u>Proceeds required from the fund:</u>
1,000,000 - 113,397.95 - 25,837.53 = 860,764.52
Now we calculate the PMT:
PV $860,764.52
time 34 years
(we must notice it will beging this investment next year, so at 31 years old)
rate 0.0934
C $ 4,056.202
Answer:
Explanation:
Below are some of the financial ratios he should consider:
a) Financial leverage ratios: This is used to measure the company earnings to service debt payments.
b) Return on investment: This is the ratio that is used to evaluate the profitability of the firm and the profit that is available to the stakeholders after all payments have been made.
c) Price to Earnings Ratio: This is an indicator of the price of the company's stock concerning the earnings per share. It is used to analyze if the stock price is over-priced or under-priced.
Nurse is an example of that
C. Opening a bank.
Because your opening up an bank account, therefore you not using any kind of money, or credit. UNTIL you put something inside the account.
<span>ANSWER: a
RATIONALE: Shares outstanding 530,000
Price per share $27.50
Total book common equity $5,125,000
Book value per share = Total book equity/Number of shares $9.67
Difference between book and market values $17.83</span>