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

Q: amount of gross cash inflows that Laura has each month

A: Laura’s gross annual salary is $35,000. To calculate her monthly gross income, we can divide the…

Q: 2.Evan has the following income and expenses. Use 4 weeks = 1 month even though this is generally…

A: Solution:- Income means the amount earned and expense means the amount expended. The difference…

Q: This is Ben’s budget. Use his budget to determine the answer to the following question: Calculate…

A:

Q: Rebecca saved $1000 from her summer job and bought a CSB earning 3.75%, compounded monthly. She…

A: Amount saved = $1000 Interest rate of CSB = 3.75% per annum = 0.3125% per month Total amount…

Q: Calculate the cost of the

A: Present Value represents the value of a future amount in today's dollars, taking into account…

Q: A self-employed person deposits $2,000 annually in a retirement account (called a Keogh or H.R. 10…

A: The value of current asset for the future date based on the growing interest will be known as the…

Q: Janelle was offered by Bank C, 5% compounded monthly whereas, Bank D offered 4% compounded quarterly…

A: The real interest that an investor earns on the investment and a borrower pays on the loan after…

Q: Estimating Savings. Angela's monthly disposable income is $2,063. She has monthly expenses of $1,774…

A: To calculate how much Angela can expect to save in the next 12 months, we need to consider her…

Q: Prisha received a loan of $25,000 from the bank at 3.50% compounded monthly. If she had to repay…

A: Solution:- When an amount is borrowed, it can either be repaid as a lump sum payment or in…

Q: You have $10,000 in your 401(k) at work. You expect to retire in 35 years. How much will you have in…

A: The concept of time value of money will be used here. As per the concept of time value of money any…

Q: Alice Reed deposits $16,500 in Rye Bank, which pays 10% interest compounded semiannually.  What will…

A: In this we have to calculate the future value of the present value.

Q: Abigail received a loan of $41,000 from the bank at 5.75% compounded monthly. If she had to repay…

A: Using Excel

Q: Suppose you deposit $1000 into a savings account earns 2% and is compounded semiannually. If you…

A: Future value is the compounded value of a sum of money invested for a period of time at a specified…

Q: A person invested two amounts in a bank for a full year. From the first, the rate is 6% annually,…

A: Let the 1st amount be x and 2nd amount be y

Q: Joseph received a loan of $40,000 from the bank at 4.25% compounded monthly. If she had to repay…

A: Mortgage/ Borrowings:  Borrowings are the loans taken by an individual, from banks or non-banking…

Q: A woman uses a loan program for small businesses to obtain a loan to help expand her vending machine…

A: Loan amount = $20,000Interest rate = 1.3%

Q: A couple who borrow $60,000 for 15 years at 8.4%, compounded monthly, must make monthly payments of…

A: Loan is a value which is borrowed from external sources like banks and this amount is repaid later…

Q: In this example, Daniel & Claire each deposited $10,000 in high interest savings accounts and each…

A: Interest Rate is the rate that is earned by the investor on deposits or paid by the borrower on…

Q: Rajiv has a part-time job on the weekends. His net earnings for one month are shown. Pay Date Net…

A: Savings on April 01  is $142.40 Savings on April 08 is  $137.29 Savings on April 15 is $143.57…

Q: (a) Bill made deposits of $200 at the beginning of each month into a savings account for 12 years…

A: In compound interest, the interest earned is reinvested because of which we earn even more interest…

Q: Monthly Income Monthly Expenses ITEM AMOUNT ITEM |Column1 AMOUNT Income Source 1 $2,000.00 Rent…

A: The monthly income tax is calculated by applying the tax rate on the monthly income of the person…

Q: Monthly Income Monthly Expenses ITEM ITEM JAMOUNT ]Column1 |AMOUNT Income Source 1 $2.000.00 Rent…

A: The Tax is always calculated on the income. which is get after deducting all expenses from the…

Q: 44. A recent college graduate begins a savings plan at age 27 by investing $400 at the end of each…

A: Solution: (a) First we will consider the regular withdrawals for the last 25 years. For this, we…

Q: The owner of a small business borrowed $50,000 today with an agreement to repay the loan with equal…

A: Compound = Monthly = 12Present Value = pv = $50,000Time = t = 10 * 12 = 120Interest Rate = r = 24 /…

Q: Mr Ahmad wants to borrow $30,000 for a delivery Van for his Bakery business, which is rovided by…

A: Amount to borrow is $30,000 Interest rate is 9% per year Compounded monthly Time period is 5 year To…

Q: how much did she invest in each account? account paying 5% $________ account paying 11%…

A: Investment refers to those mechanism which is used by the company for the purpose of generating…

Q: Would a person with the following income and expenses qualify for a home based on the front end…

A: The front-end affordability ratio is an accounting method that represents the proportion of gross…

Q: Cathi needs to cover $4,500 per m to generate per month in order tha O $4,500 O $6,924 O $6,075 O…

A: EBT is a metric for measuring financial performance. When all expenses, excluding taxes, are…

Q: A student borrowed P50,000 she he was freshmen in college to finance his education expenses. He is…

A: Loan amount (PV) = P50,000 Interest rate (r) = 10% Period (n) = 5 Years

Q: An individual earns $75,000 annually. Monthly rent is $2,200, and 20% of monthly cash income is…

A: Ratio analysis refers to the ratio used for showing the financial performance of the company by…

Q: You have begun a 401k at work, contributing $1,000 at the end of each year. How much is your account…

A: The worth of an account in the future can be calculated using the FV function in Excel.

Q: John wants to do Task A. Task A will take two years and $40,000. $15,000 is paid after the 1st year.…

A: given, Annie will pay following payments on behalf of john: year 0 $40,000 year 1 $15,000…

Q: You pay $9.51 for lunch from Chipotle most days during the work week. 1. How much do you pay for…

A: Price of Lunch = $9.51

Q: A family spends $40,000 on living expenses. With an annual inflation rate of 3 percent, they can…

A: Inflation rate When prices for most items used on a daily or frequent basis, such as food, clothing,…