Assignment 4 Carla Capobianco

1) the total equal to part 1 is $5,924, calculate what percent of your monthly take-home salary you spend each of your monthly expenses show your work below add these percentages to the third column of the table.

What is the net cash flow per month under the following circumstances? Part-time job earnings $600 per month  College fund from grandparents of $400 per month  Scholarship of $5000 per year Rent $450 per month  Groceries of $50 per month  Tuition and fees $3000 twice per year Misc. of $100 per month

Financial accounting

General Accounting question

Question 3: A father wants to set up a bank account that will pay his daughter $(10000) at the end-of-quarter (EOQ) 4 and $(2x1) at EOQ 8. He will fund this account by making quarterly payments of $A from the present (time zero) through EOQ 7. If the quarterly percentage rate is 4%, what is the value $A that must be deposited into the account

I want to this question answer general accounting

Sub. General accounting

Find the monthly cash flow.   Income Expenses Salary:  $32,000/year Rent:  $700/month Pottery sales:  $200/month Groceries:  $150/week   Household expenses:  $450/month   Health insurance:  $150/month   Car insurance:  $500/6 months   Donations:  $600/year   Miscellaneous:  $800/month

A father wants to set up a bank account that will pay his daughter $16,000 at the end of quarter (EOQ) 4 and $30,000 at EOQ 8. He will fund this account by making quarterly payments of $X from EOQ 1 through EOQ 7. If the quarterly percentage rate is 3%, what is the value of $X that must be deposited into the account? O a. 6,789.396 O b. 6,621.507 O c. 6,240.157 O d. 6,082.880 O e. 6,123.852

A father wants to set up a bank account that will pay his daughter $18,000 at the end-of-quarter (EOQ) 4 and $30,000 at EOQ 8. He will fund this account by making quarterly payments of $X from the present (time zero) through EOQ 7. a. Draw a cash-flow diagram from the father's viewpoint. b. If the quarterly percentage rate is (form number%), what is the value $X that must be deposited into the account?

9. Penny wants to save $2500 in one year. What amount must she save from each paycheque if she is paid bi- weekly? a. $104.17 b. $96.16 c. $48.08 d. $208.33

Please answer the D   It is typical for Jane to​ plan, monitor, and assess her financial position using cash flows over a given​ period, typically a month. Jane has a savings account and her bank loans money at 6%per year while it offers​ short-term investment rates of 5%.​ Jane's cash flows during August were as​ follows:     a.  Determine​ Jane's total cash inflows and cash outflows. b.  Determine the net cash flow for the month of August. c.  If there is a​ shortage, what are a few options open to​ Jane? d.  If there is a​ surplus, what would be a prudent strategy for her to​ follow?   a. ​ Jane's total cash inflows are ​$4840.   ​(Round to the nearest​ dollar.) ​Jane's total cash outflows are ​$4700. ​(Round to the nearest​ dollar.)   b. ​ Jane's net cash flow for the month of August is ​$140   ​(Round to the nearest dollar. Remember that a positive number indicates a surplus and a negative number indicates a​ shortage.)   c.  If there is a​ shortage, what are a few options…

Scott wants to accumulate $2,500 over a period of 7 years so that a cash payment can be made for roof maintenance on his summer cottage. To have this amount when it is needed, he will make annual deposits at theend of each year into a savings account that earns 8% annual interest per year. How much must each annual deposit be? a. $244 b. $259 c. $280 d. $357.

It is typical for Jane to plan, monitor, and assess her financial position using cash flows over a given period, typically a month. Jane has a savings account, and her bank loans money at 6% per year while it offers short-term investment rates of 5%. Jane’s cash flows during August were as follows: Items Item Cash inflow Cash outflow   Clothes    $1,000   Interest received  $ 450     Dining out    500   Groceries    800   Salary  4,500     Auto payment    355   Utilities    280   Mortgage    1,200   Gas    222      You are required to: Determine Jane’s total cash inflows and cash outflows. b. Determine the net cash flow for the month of August. c. If there is a shortage, what are a few options open to Jane? d. If there is a surplus, what would be a prudent strategy for her to follow?

Yoon needs to save some money to buy her first car after she graduates. At the beginning of each month, she makes a deposit of $425. What is the accumulated value after four years if the money earns interest at 4% compounded monthly? Select one: a. $22,082.83 b. $18,822.75 c. $18,885.50 d. $22,156.44

General accounting

Abby Mia wants to know how much must be deposited in her local bank today so that she will receive yearly payments of $18,000 for 20 years at a current rate of 9% compounded annually. (Use the tables found in the textbook.)      A. $1,085.82 B. $163,313 C. $1,463.13 D. $164,313

A woman went to the Beneficial Loan Company and borrowed S10,000. She must pay S323.53 At the end of each month for the next 60 months. A. What is the Monthly Interest rate she is paying? What is the Nominal Interest rate? С. What is the Effective Interest rate? Make your cash flow diagram and solve. B.

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