1. What would be the monthly payment on a 5 year loan of $35,000 if the interest rate is 6.0% compounded monthly?

2. Sarah bought a raft for $664 using her credit card. The interst rate is 0.186 compounded monthly. If she pays $23 a month, how long will it take her to pay off the credit card?

3. What would be the monthly payment on a 5 year loan of $24,000 if the interest rate is 5.0% compounded monthly?

In the year 2015, leaders from 193 countries of the world gathered and moderated by the United Nation and finally summarized that there are 17 goals for the world to be achieved in 2030 named as UNDP Sustainable Development Goals (SDG) towards 2030.

1. Explains 5 (five) of the goals with the examples that important to be in line with engineering profession which you can contribute in your career after graduation.

THIS IS THE LINK FOR 17 GOAL.

https://www.undp.org/content/dam/undp/library/corporate/brochure/SDGs_Booklet_Web_En.pdf

a. What is the duration of a two-year bond that pays an annual coupon of 11.3 percent and has a current yield to maturity of 13.3 percent? Use $1,000 as the face value. (Do not round intermediate calculations. Round your answer to 4 decimal places. (e.g., 32.1616))
b. What is the duration of a two-year zero-coupon bond that is yielding 11.5 percent? Use $1,000 as the face value.

The following is a list of selected information for Liverpool Co. for the fiscal year.

You are an employee for Liverpool Co., and your boss needs help assessing the level of risk associated with the firm’s current financial position. Begin by calculating the degree of financial leverage for the change between forecasted operations and the operational increase of 30.00%.

0.60X

1.04X

0.42X

1.03X

Your boss says, “Looking good so far. However, I would like to know how we stack up against our strongest competitor, Everton Co.” Compare the degree of operating leverage of Everton Co. with that of Liverpool Co. and then answer the following question.

All else being equal, is Liverpool Co. more risky than, less risky than, or as equally risky as Everton Co., considering that the degree of financial leverage for Everton Co. is 1?

Not enough information given

More risky

Less risky

In a given year, a catchment with an area of 200 km2 received 1300 mm of rainfall. The average evaporative energy flux due to evapotranspiration was 45 Watts/m2. Assuming negligible change in soil and groundwater storage, and also negligible interception. Estimate the average rate for that year, for the river draining the catchment (in both mm/year and m3/s).

In a given year, a catchment with an area of 200 km2 received 1300 mm of rainfall. The average evaporative energy flux due to evapotranspiration was 45 Watts/m2. Assuming negligible change in soil and groundwater storage, and also negligible interception. Estimate the average rate for that year, for the river draining the catchment (in both mm/year and m3/s)

You will be receiving $25,000 at the end of each year for the next 20 years. If the correct discount rate for such a stream of cash flows is 10% then what is the present value of the cash flows?

a leading firm in the sports​ industry, produces basketballs for the consumer market. For the year ended December​ 31,

2017​,

Verena

sold

242,100

basketballs at an average selling price of

$41

per unit. The following information also relates to

2017

​(assume constant unit costs and no variances of any​ kind):

Inventory, January 1, 2017:

29,300 basketballs

Inventory, December 31, 2017:

27,200 basketballs

Fixed manufacturing costs:

$1,200,000

Fixed administrative costs:

$3,234,000

Direct materials costs:

$12 per basketball

Direct labor costs:

$9 per basketball

The Goal Is to be able to withdraw $60,000 a year. From 65 to age 85

1. YOUR ESTIMATE/BEST GUESS: I intend to withdraw $_________________ at the END of each year from my retirement account to support my lifestyle. Input how much you think you need to live comfortably in your retirement years. To help you with your estimate, experts estimate you should plan to have approximately 70% of your ending salary in your retirement years in order to maintain your standard of living. (Assume no pension or Social Security benefits.)

When I retire, my goal is to have saved $_______________________ in a retirement account. I believe these funds will be sufficient to maintain my desired lifestyle through my retirement years. Input this figure BEFORE you calculate anything on the Excel template. Just take a guess. What do you think is a reasonable amount to have as your nest egg on the day you retire (age 65 in this example) that would support the annuity withdrawal from the previous question.

Based on my total retirement savings from question #5, assuming those funds are invested at 5% compounded annually, I am able to withdraw $______________ from my retirement fund each year over the next 20 years. (Show all inputs below.) Compute with the financial calculator (solve for PMT).

INPUTS:             N =

I/Y =

FV =

PV =

PMT =

In order to meet your retirement goals (withdrawing an annuity stream for 20 years) from question #4, how much would you need to have in your retirement account at age 65? In other words, based on the amount of the annuity from question #4, the total retirement savings account must have an actual balance of $______________ in the account on the day of retirement at age 65 assuming a rate of 5% compounded anually. This is a present value of annuity calculation (CPT PV). (Show all inputs below.)

INPUTS:             N =

I/Y =

FV =

PV =

PMT =

Review your answers from questions #4-#7. This is just the “off the cuff” approach to retirement planning. How close were you to “reality”? What are your thoughts or conclusions?

____________________________________________________________________________________

____________________________________________________________________________________

Now let’s take a more analytical approach to retirement planning:

INPUT INTO TEMPLATE:

I hope to have $___________________ of retirement savings in the bank by age 30.

I hope to earn $___________________ per year when I’m 30.

I hope to earn $___________________ per year when I’m 40.

I hope to earn $___________________ per year when I’m 50.

I hope to earn $___________________ per year when I’m 60.

If my life expectancy is age 85, my retirement years will total ________.

SHOW WORK IN THE TEMPLATE: Assume I invest 15% of my salary annually based upon the above salaries at a savings rate of 6.5% compounded annually. At retirement age, my nest egg (including the retirement funds I had saved by age 30) would total:

$_______________________   (from Excel template)

The compounding frequency on a loan is once every year. If you borrow $35,974.44 at an annual interest rate of 3.75%, how much must you pay every year so that you pay back the loan in 17 years? How do I do the steps in Excel? using PEMDAS

Please show steps

IF YOU GOT 2900. HOW DID YOU GET THAT ?