Anyone know how to solve this finance/statistics problem? related questions

Answers
Asked by
Updated
Anyone know how to solve this finance/statistics problem?0Ebony Fraser2012-10-08 10:38:35
Many tax preparation companies meet their customers a " refund anticipation loan " ( RAL ) . For a fee, the company will give a customer a refund when filing . The loan is repaid when the IRS sends the refund directly to the company . Thus , the share of RAL is equivalent to charging interest on a loan . The table below shows the rates for RALs offered by a tax preparation firm online . MedlinePlus MedlinePlus Amount ...................... RAL RAL Fee MedlinePlus ................................ 0-300 2
Anyone know how to solve this finance/statistics problem?1_ Curcuma resistance near 2012-11-02 22:47:02
Many tax preparation companies meet their customers a " refund anticipation loan " ( RAL ) . For a fee, the company will give a customer a refund when filing . The loan is repaid when the IRS sends the refund directly to the company . Thus , the share of RAL is equivalent to charging interest on a loan . The table below shows the rates for RALs offered by a tax preparation firm online . MedlinePlus MedlinePlus Amount ...................... RAL RAL Fee MedlinePlus ................................ 0-300 2
Statistics Problem...?0C.J.2012-10-08 14:59:42
The National Survey of Student Loan collects data to examine issues related to the amount of money that borrowers must . A sample of 1,600 borrowers who began repayment of their loans for at least six months before the study , but no more than four months earlier. The average debt of college was $ 20,000, and the standard deviation was about $ 40,000. a) Calculate a confidence interval of 80% for the average real debt for all borrowers . b ) the computer error margin of 80 % confidence interval for the sample of size 400. Compare the margin of error in a) and b ) and explain the results . c ) Conduct a) and b ) for the confidence interval of 98% . What do you conclude about the margin of error with increasing confidence interval ? d ) Suppose we want an error margin is $ 2,000 with 90 % confidence , what sample size is required?
How can i solve this problem?0Angelena Jolly2012-11-06 02:06:02
Please help me make this school assignment- 1. Projection of P and LA / c for 3 years 2007-08, 2008-09, 2009-10 2. Projected balance sheet for three years 2007-08, 2008-09, 2009-10 be MedlinePlus by Mr Basu. MedlinePlus MedlinePlus Mr. Basu will begin a Hotel Management Training Institute MedlinePlus Sector V, Salt Lake, Kolkata by Allahabad Bank came to MedlinePlus credit loan cash Rs 15 lakhs. MedlinePlus MedlinePlus Mr. Basu entered into an agreement with the International Institute of MedlinePlus Hospitality Federation membership fees and once one of Rs MedlinePlus 5,00,000 be paid. MedlinePlus MedlinePlus All other terms and conditions were as follows: 1. Royalty is payable at 25% of income MedlinePlus 2. Cost of study material @ 10% of income 3. The offer price, to incur @ 15% of income MedlinePlus Course Fees (Rs) Duration MedlinePlus Hotel Management 2.00.000 12 months MedlinePlus MedlinePlus The staff is required: MedlinePlus 1. Manager @ Rs 30,000 p.m MedlinePlus 2. faculties MedlinePlus p.m @ Rs 20,000 3. Directors @ Rs 10,000 p.m MedlinePlus 4. Office Assistant @ Rs 5000 MedlinePlus p.m 5. Pawns MedlinePlus p.m @ Rs 2000 MedlinePlus The infrastructure required: MedlinePlus MedlinePlus Data Rate (Rs) Amount of Quality (Rs) Depreciation (%) MedlinePlus MedlinePlus Computers MedlinePlus 20,000 20 4,00,000 33.33 2,000 5 10 000 33.33 Printers Air conditioners 30,000 2 60.000 15 MedlinePlus Microwave ovens 15 October 5000 50000 MedlinePlus Bake ovens 2000 10 15 20000 MedlinePlus Flatware set 7500 33.33 1,500 5 MedlinePlus Phone 2000 15 3 6,000 MedlinePlus Sign Board 2000 2 4000 10 Furnitur and MedlinePlus Accessories included - 10,30,000 10 MedlinePlus interior MedlinePlus The following are the expenses to incur income per month MedlinePlus MedlinePlus 10 @ Rs gas cylinder by cylinder 400, which is expected to increase MedlinePlus by 50 rupees every six months MedlinePlus MedlinePlus 1. Rs 15,000 electricity MedlinePlus 2. MedlinePlus Phone Rs.5000 3. Rent Rs.5000 MedlinePlus 4. Printing and 2,000 rupees MedlinePlus MedlinePlus stationary 5. Travelling 3,000 rupees MedlinePlus 6. Repair and Rs 15,000 MedlinePlus MedlinePlus maintenance MedlinePlus Assumptions: 1. In the first year of enrollment will be 50 and then to MedlinePlus increase at a rate of 20% MedlinePlus 2. Expenditure is to increase revenue by 10% in the second year and 15% in March from MedlinePlus except. MedlinePlus rent and electicity 3. Interest on bank loans at a rate of 13% pa ‚Äč‚ÄčMedlinePlus 4. Mr. A. Basu intended to limit its 5,00,000 Rs drawings in the first MedlinePlus year and will increase to Rs 50,000 pa thereafter. MedlinePlus 5. Provision for tax is made accordingly under income tax act provisions MedlinePlus 6. Student fees receivable is estimated at 45 days of sales MedlinePlus 7. Stock closed beverage estimated food is 10%% of purchases and MedlinePlus MedlinePlus opening 8. Purchase Restoration is Rs 2,000 per month per student MedlinePlus 9. Membership fees must be paid at 25% amortized on reducing balance method MedlinePlus 10. Capital contribution is: MedlinePlus MedlinePlus The cost of fixed assets 15,27,500 / - MedlinePlus Membership fees 5,00,000 / - MedlinePlus Cash on hand 72,500 / - MedlinePlus Total 21,00,000 / - MedlinePlus 11. Creditors for expenses and assets estimated at one month MedlinePlus 12. Credit Cash is used to the maximum in three years
I need help with this problem can someone solve it for me?0Franco2012-10-27 10:13:05
E -Loan , an online lending service , recently offered car loans 36 months 7.56% compounded monthly to applicants with good credit ratings . If you have a good credit history and can make monthly payments of $ 350, how much can you borrow from E - loan? What is the total interest you pay on the loan ?
How to solve this annuity problem?0staci mae2012-08-31 15:47:11
Phil can pay $ 180 a month for 5 years for a car loan . If the interest rate is 8.6 percent , how much can you afford to borrow to buy a car ?
Can anyone help me solve this math problem?1shikha2012-11-01 19:41:02
Five years ago , Diane obtained a bank loan of $ 370,000 to help finance the purchase of a loft in San Francisco Bay area . The mortgage term was 30 years , and the interest rate was 10% / year compounded monthly on the unpaid balance . Because the interest rate for a conventional 30-year mortgage has dropped to 7 % / year compounded monthly , Diane is thinking about refinancing your property . ( Round your answers to the nearest hundredth . ) MedlinePlus (A ) What is the current Diane monthly mortgage payment ? MedlinePlus MedlinePlus $ 1 MedlinePlus ( B ) What is current outstanding principal Diane ? MedlinePlus MedlinePlus $ 2 MedlinePlus ( C ) If Diane decide to refinance your property , ensuring a 30-year home loan mortgage in the amount of current outstanding principal on the current interest rate / 7 % per annum compounded monthly , what will your monthly payment mortgage? MedlinePlus $ 3 MedlinePlus ( D ) How much less would the monthly mortgage payment of Diane be if you refinance ?
Accounting 2 Problem...help solve?0vampy2012-08-09 22:57:03
Adriana Lopez consulted with your local banker and is considering financing an expansion of their business by obtaining a bank loan in the long term. Account balances slected March 31, 2008 , for successful tracking systems . Total assets Total liabilities ... 147.529 ... 1050 ... 146,479 total assets 1 . The bank has offered a guaranteed pay long-term success systems . The lending bank's procedures do not require a client to debt capital than 0.8. As of March 31.2008 , which is the maximum amount you can borrow systems success of this bank? 2 . If the system successfully making the maximum amount allowed from the bank , what percentage of fund assets ( a) for the debt, and ( b ) for equity ? 3 . What are some factors that Lopez should consider before borrowing the funds? If you can help me answer this, 10 points , no doubt. Also, if you think I can help with most problems of this kind to send me an email to [email protected] ~ ~ V. Thanks in advance !
How to solve my relationship problem?0sm2012-10-01 21:20:03
Hi all, MedlinePlus MedlinePlus Basically I'm with this guy right now. He's a good guy. But there has always been some problems. MedlinePlus MedlinePlus 1. He lives with his ex. They were together for about 8 or 9 years. Was dissolved, but remain roommates. Your ex is dating other guys too, but now I feel disgusting ..... sometimes, when I remember that fact. They remain the best of friends, and meeting place just a little, like, the two of them. Maybe twice a week? Maybe I'm just not mature enough to handle such things, but I want to know if this is normal. I mean with all my past relationships, I have no problem that my boyfriend is friends with his ex, but I think being roommates and both venue is a bit extreme. MedlinePlus MedlinePlus 2. This brings us to another problem, likes both me and hangout with your ex and, like the three of us together. They do not have a car, so sometimes I have to drive both for a dinner date, and it makes me so .... icky inside. I can not tell you how I feel because I said he used to go out with another girl and she had problems with her ex so that's why he left. So I refuse to even talk about this issue at all. It does not really have a lot of friends, and talks about her ex a lot. Like how they had sex before showering and stuff, which makes me feel very uncomfortable inside. It bothers me even more than we sometimes expect me to be a good friend to your ex. MedlinePlus MedlinePlus 3. He is almost ten years older than me, but never really work hard, economically, and not very good with money. He is still working part time for the retail sector, and is quite the credit card debt and student loans and much things.and other is still always spending money, wanting to travel and some really expensive hobbies. Every time I told him to be careful with his money, he just said "you can not be happy for me that I go away?" That I move. Because of the problem of money, always pay for dinner and gas and everything else 90% of the time. I do not feel safe with her attitude. Money is not a big problem for me, I am a working professional and do not mind paying. But I feel I'm her mother, taking care of it, as he is 10 years older than me. MedlinePlus MedlinePlus 3. He is not really interested in me sexually or something. Prefers to deal with it on their own rather than with me. I'm not the hottest person in the world, but I have some suitors and people say I look pretty cute. I'm so confused about what to do. MedlinePlus MedlinePlus That's all I can think of for now, hope someone can help me to solve all my misery ......
How do I set up and solve this word problem?0Markella Smith2012-11-05 06:58:39
Please be descriptive Jen's two student loans totaled $12,000. One of her loans was at 6% interest and the other at 9%. After 1 year, Jen owed $855 in interest. What was the amount of each loan?
Can you solve this Accounting problem?0Long Weekend2012-10-13 06:57:54
Hey guys . My friend asked me to help resolve this problem . I'm usually good at this sort of thing , but I can not get it to balance. Maybe I'm too tired . LOL . MedlinePlus MedlinePlus Anyone want to take a shot at him? Thanks in advance! MedlinePlus MedlinePlus On January 1, 2009 balance sheet Rampaul Akil is: MedlinePlus MedlinePlus ASSETS MedlinePlus Plant and machinery 20,400 MedlinePlus Accounts receivable 7817 MedlinePlus 1183 Cash MedlinePlus Furniture and Fixtures 10,840 Inventory of 5000 MedlinePlus Prepaid Insurance 160 MedlinePlus MedlinePlus MedlinePlus MedlinePlus LIABILITIES Wages earned 940 Accounts payable 5340 MedlinePlus Capital of 35000 MedlinePlus 4120 Bank overdraft MedlinePlus MedlinePlus During the first week , recorded the following Rampaul . MedlinePlus MedlinePlus 1. Sold MedlinePlus machinery with net book value of $ 2,000 per $ 1,200 in cash and buy new equipment for $ 6,900 paying by check . MedlinePlus 2. Raised $ 1,102 in cash from debtors MedlinePlus MedlinePlus 3. The inventory was revalued at $ 4,300 MedlinePlus MedlinePlus 4. Insurance of $ 20 for a week was exhausted MedlinePlus MedlinePlus 5. Creditors were paid $ 3,340 by check MedlinePlus MedlinePlus 6.The outstanding wages were paid on MedlinePlus MedlinePlus 7. He received a check for $ 13,000 from his brother , Asa , on loan repayable over two years MedlinePlus MedlinePlus MedlinePlus Rampaul Akil Prepare a revised balance January 7, 2009 to show the effects of the operations of the first week .
How to solve this financial maths problem?0bhavna2012-10-02 05:19:01
a housing loan for $ 180,000 taken out over 30 years at 12 % with monthly breaks and refunds. if the loan was taken out seven years ago , how much has been paid off the loan ? MedlinePlus MedlinePlus thanks :)

Ask New Question  

  • You are not logged in,answer will be Anonymous.Set Nickname | Sign In | Sign Up
  • tags separate by ','
  • Shortcuts:Ctrl+Enter

Latest Questions