Question
1.Juspermade a down payment of$9000toward the purchase of a new car. To pay the balance of the purchase price, she has secured a loan from
1.Juspermade a down payment of$9000toward the purchase of a new car. To pay the balance of the purchase price, she has secured a loan from her bank at the rate of7%/year compounded monthly. Under the terms of her finance agreement she is required to make payments of$470/month for36months.What is the cash price of the car? (Round your answer to the nearest cent.)
2.Discuss how you can measure the risk of stock
3.Awomanearned wages of $53300, received $2700in interest from a savings account, and contributed $2500to a tax-deferred retirement plan.Shewas entitled to a personal exemption of $3000and had deductions totaling $5520Findhergross income, adjusted gross income, and taxable income.
4.A woman is in the 33 % tax bracket and itemizes her deductions. How much will her tax bill be reduced if she qualifies for a $ 400 tax credit?
5.A bank has 100 one-year loans, each with a 1% probability of default. Assume that the probability of default applicable to all loans is uncertain. It is equally likely to be 0.5% or 1.5%. What is the probability of six or more defaults?
6.Discuss the scope and knowledge that an accountant requires
7.Elaborate the factors that influence the cashflow and profitability of a business
8.how many years will it take for annes 200,000 to become 1,000,000 if the money is subjected to 7.5% simple interest rate?
9.Find the rate of change of the linear function from the point (0,14) to the point (18,8).
10.Suppose that 4000$ is invested at 6% compounded weekly. How much money will be in the account in a year?
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