Find the total amount

Assignment Help Finance Basics
Reference no: EM13751211

Finance

1. Determine how much you will make in take home pay when you get a job in your chosen field( teacher). (Your take home will be approximately 2/3of your actual salary.)

2. Find the house you are interested in buying(it must be on the market at this time.)You must have a picture of the house,a description of the house and property, and the asking price of the property.

3. State the items that you like and dislike about the house or property.

4. Find your monthly payments if you pay 20% downand take out a mortgage for 30 years at 5.6%. Find the total a mount you will have paid the bank at the end of the 30 years.

5. Find your monthly payments if you pay20% downand take out a mortgage for 15 years at 5.6%. Find the total amount you will have paid the bank at the end of the 15 years.

6. Find your monthly payments if you pay10 % downand take out a mortgage for 30 years at 5.6%. Find the total amount you will have paid the bank at the end of the 30 years.

Reference no: EM13751211

Questions Cloud

Does the procedure of gathering data ensure objectivity : Does the procedure of gathering data ensure objectivity and Are the data words (qualitative data) or numbers (quantitative)? How are qualitative data analyzed
What are some ways to manage a stakeholder relationship : What are some ways to manage a stakeholder relationship closely. Give examples of how you might manage relationships differently based on the unique personalities of different people.
What is tillichs objection to traditional theism : What is Tillich's objection to traditional or theological theism? Do you agree or disagree with Tillich's objections? Why or why not?
Hedging using foreign currency derivatives : The budget rate, the lowest acceptable dollar per pound exchange rate, was therefore established at $1.5 per British pound. Any exchange rate below would result in SALEM actually losing money on the transaction.
Find the total amount : Find your monthly payments if you pay20% downand take out a mortgage for 15 years at 5.6%. Find the total amount you will have paid the bank at the end of the 15 years.
Hilary case assignment : Hilary case assignment 1. write a five to six pages paperdraft a legal memorandum in which you discuss the likelihood of successfully recovery by your client2. write a summary of the main steps that you, as the paralegal, need to take in order to pre..
Discuss how analyzing glass fractures can assist investigato : You receive the following photograph from a homicide scene. The photograph depicts several bullet holes in a glass window. It is your job to determine the order of the bullets fired. Place in chronological order the first, second, and third bullets f..
Discuss the importance of standardization coins and stamps : Discuss the importance of "standardization" (coins, stamps, language, etc.) in that unification.

Reviews

Write a Review

Finance Basics Questions & Answers

  How much will you have saved for retirement

You are 25 years old and decide to start saving for your retirement. You plan to save $5000 at the end of each year (so the first deposit will be one year from now), and will make the lastdeposit when you retire at age 65. Suppose you earn 8% per yea..

  What measures could be taken to improve the integrity

To what extent should investors put their trust in these financial statements and what measures could be taken to improve the integrity of these statements?

  What is the common size percentage for the cost of goods

delmont movers has a profit margin of 6.2 percent and net income of 48900. what is the common size percentage for the

  What is the dollar size of the issue

D. Butler Inc. needs to raise $14 million. Assuming that the market price of the firm's stock is $95, and flotation costs are 10 percent of the market price, how many shares would have to be issued? What is the dollar size of the issue?

  You typically receive 8500 checks per day the daily

npv and collection time - your firm has an average receipt size of 108. a bank has approached you concerning a lockbox

  Possible capital project using the npv method

The finance department of a large corporation has evaluated a possible capital project using the NPV method, the Payback Method, and the IRR method. The analysts are puzzled, since the NPV indicated rejection, but the IRR and Payback methods both..

  What is the flotation cost of equity for a firm

What is the flotation cost of equity for a firm that generates sufficient internal cash flows to cover the equity portion of any capital expenditure?

  What is their yield to maturity

Ezzell Enterprises' noncallable bonds currently sell for $1,165. They have a 15-year maturity, an annual coupon of $95, and a par value of $1,000.

  A new machine will generate the following profits at 6

a new machine will generate the following profitsyear 1 10000year 2 9000year 3 8000year 47000at 6 interest what is the

  What are the cash flows associated with the project

However, the clinic has to py the organizers of the exposition a fee for the marketing value of the opportunity. this fee, which must be paid at th end of the second year, is $2 million.

  An adjustment factor of 10 to the cost of capital for such

photosynthesis inc. is considering a project that will result in initial after-tax cash savings of 2 million at the

  What is the companys float

Green Apple Fruit Farms has a four-day delay in processing and clearing. The daily interest rate is .23%. On an average day, the firm receives $7500 in payments. What is the company's float? What is the company's average collection float in a mont..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd