Questions
4 year(s) ago, Carl invested 65,612 dollars. He has earned and will earn 6.94 percent per...

4 year(s) ago, Carl invested 65,612 dollars. He has earned and will earn 6.94 percent per year in compound interest. If Grace invests 105,332 dollars in 3 year(s) from today and earns simple interest, then how much simple interest per year must Grace earn to have the same amount of money in 9 years from today as Carl will have in 9 years from today? Answer as a rate in decimal format so that 12.34% would be entered as .1234 and 0.98% would be entered as .0098.

In: Finance

4 year(s) ago, Isaac invested 48,596 dollars. He has earned and will earn 9.86 percent per...

4 year(s) ago, Isaac invested 48,596 dollars. He has earned and will earn 9.86 percent per year in compound interest. If Priya invests 93,039 dollars in 2 year(s) from today and earns simple interest, then how much simple interest per year must Priya earn to have the same amount of money in 8 years from today as Isaac will have in 8 years from today? Answer as a rate in decimal format so that 12.34% would be entered as .1234 and 0.98% would be entered as .0098.

In: Finance

1. Which of the following statements is incorrect regarding qualifying criteria for the health insurance premium...

1. Which of the following statements is incorrect regarding qualifying criteria for the health insurance premium tax credit?

A) Household income must be below designated levels.

B) The taxpayer cannot have access to affordable essential coverage through an employer.

C) The insurance policy must be purchased directly from an insurance company.

D) The individual may not be eligible as a dependent of another taxpayer.

2. If a taxpayer's AGI is greater than $150,000, no penalty will be imposed if the taxpayer pays estimated tax payments in 2018 equal to what percentage of 2017's income tax liability?

A) 90%                                                       

B)100%

C) 105%

D) 110%

3. Laquan and Sabrina Lewis had alternative minimum taxable income of $1,050,000 in 2018 and file a joint return. For purposes of computing the alternative minimum tax, their exemption is

A) $96,900.

B) $59,400.

C) $0.

D) $109,400.

In: Accounting

-Which of the following statements is incorrect regarding qualifying criteria for the health insurance premium tax...

-Which of the following statements is incorrect regarding qualifying criteria for the health insurance premium tax credit?

A) Household income must be below designated levels.

B) The taxpayer cannot have access to affordable essential coverage through an employer.

C) The insurance policy must be purchased directly from an insurance company.

D) The individual may not be eligible as a dependent of another taxpayer.

-If a taxpayer's AGI is greater than $150,000, no penalty will be imposed if the taxpayer pays estimated tax payments in 2018 equal to what percentage of 2017's income tax liability?

A) 90%                                                       

B)100%

C) 105%

D) 110%

-Reva and Josh Lewis had alternative minimum taxable income of $1,050,000 in 2018 and file a joint return. For purposes of computing the alternative minimum tax, their exemption is

A) $96,900.

B) $59,400.

C) $0.

D) $109,400.

In: Accounting

After reading Chapter 6 on Lean Systems, one obvious take away is that a huge component...

After reading Chapter 6 on Lean Systems, one obvious take away is that a huge component of successful Lean implementation is teamwork. A case could be made that Lean systems work better in some cultures than in others, depending how that culture values the collective. In essence, it comes down to Teamwork vs. Autonomy. For example, you could make a statement that Toyota is very good at Lean systems because Japanese culture traditionally values the collective over the individual. Think about a culture that you are familiar with and give your opinion on if you think that a Lean System would fair well there and why. A culture could be from a company, school, city, state, country, region, etc. I'm interested in what you think and your opinion here, so have some fun with the topic while being sensitive to all cultures and viewpoints.

In: Operations Management

1.. You expect to receive $500 in five years from an investment. What is this investment...

1.. You expect to receive $500 in five years from an investment.

What is this investment worth today if the effective annual interest rate is 12%?

(Round to the nearest cent and do not enter the dollar sign)

2..If $300 is invested at a 4% interest rate, how much compound interest will be earned in 4 years?

(Round to the nearest cent and do not enter the dollar sign)

In: Finance

A person deposits $12,000 per year for 5 years, with the first deposit made one year...

A person deposits $12,000 per year for 5 years, with the first deposit made one year from the present. One year after the last deposit, the person makes continuous withdrawals of $2,000 for the next 15 years. Find the effective annual ERR being earned on this investment.

Thank you very much to whomever can give me the solution and answer! ?

In: Economics

Suppose, instead, Justin deposits 100 into a savings account, paying nominal interest rate i (2) =...

Suppose, instead, Justin deposits 100 into a savings account, paying nominal interest rate i (2) = 2%, at the beginning of each half year for 10 years. The interest earned from this account can be withdrawn at the end of each year and reinvested into another account earning AEIR 4%. Find the accumulated value of his holdings (in both accounts) at the end of 10 years.

In: Finance

Alice purchases 500 shares of common stock from GEO Corporation for $34.80 per share. She keeps...

Alice purchases 500 shares of common stock from GEO Corporation for $34.80 per share. She keeps the stock for two years, and then sells all 500 shares for $42.50 per share. She earned dividends of $1.50 per share during last year. Please let me know the Rate of Return for her investment, then the Average Annual Rate of Return.

In: Finance

You deposited $50,000 in your mutual fund account today. You make no more deposits into your...

You deposited $50,000 in your mutual fund account today. You make no more deposits into your account, but 12 years from today your mutual fund account balance is $200,000. What annually compounded rate of return have you earned on your mutual fund over this time period? Enter your answer rounded to two decimal places.

In: Finance