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Suppose that you have just had your first baby and you wish to ensure that enough money will be available to pay for your child's college education. You decide to make deposits into an educational savings account on each of your daughter's birthdays, starting with her first birthday (the 365th day after her birth). Assume that the educational savings account will return a constant 7%. You deposit $2000 on your daughter's first birthday and plan to increase the size of the deposits by 5% each year. Assuming that you just made the deposit for your daughter's 18th birthday (365 days after her 17th birthday, or the 1st day of her 18th birthday), then the amount available for the daughter's college expenses on her 18th birthday is?
why is budgeting so important? what are the appropriate uses of a budget? how can budgets be mismanaged or
a. Determine the optimal order quantity. b. Determine the number of orders per year.
Charlie Company is attempting to evaluate the feasibility of investing $95,000 in a piece of equipment that has a 5-year life. The firm has estimated the cash inflows associated with the proposal as shown below. Assume the firm has a 12% cost of c..
Evaluate the two proposed alternatives regarding the insulin pump and based upon your evaluation identify which alternative should be selected and support your decision.
Suppose a firm has been growing at a 15% yearly rate and is expected to continue to do so for 3 more years. At that time, growth is expected to slow to a constant 4% rate.
MCL Ltd is a manufacturer and distributor of agricultural equipment. MCL produces milking machines and supplies as well as being the sole Australian distributor of machinery from the US- based company FarmGo Ltd.
Paper required to submit an opinion paper that pulls together what they have learned. This paper should summarize the key things you have learned about higher education finance.
financing a portion of a firms assets with securities bearing a fixed rate of return in hopes of increasing the return
The new dividend after 12 months will represent D1. The required rate of return (Ke) is 14 percent. Compute the price of the stock.
Currently, Langley is paying the supplier the full amount due on day 45 but it is considering taking the discount paying on day 10, and replacing the trade credit with a bank loan that has a 10% annual cost.
May personal financial statements be prepared only for an individual? Comment.- What is the basic personal financial statement?
Explain the components and elements required to develop and design an effective and visually appealing blog. Students will use the feedback they receive from each other to improve their own Blogs
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