Adam borrowed $5000 at 10% compounded semi-annually. He repaid $2000 after two years and $2500 after three
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 77% (9 reviews)
Balance after two years PV 500000 I Y 10 C Y 2 i 5 n ...View the full answer
Answered By
Saikumar Ramagiri
Financial accounting:- Journal and ledgers, preparation of trail balance and adjusted trail balance Preparation of income statement, retained earning statement and balance sheet Banks reconciliation statements Financial statement analysis Cash flow statement analysis (both direct and indirect methods) All methods of Depreciations Management Accounting:- Ratios Budgeting control Cash budget and production budget Working capital management Receivable management Costing:- Standard and variance costing Marginal costing and decision making Cost-volume-profit analysis Inventory management (LIFO, FIFO) Preparation and estimation of cost sheet Portfolio management:- Calculation of portfolio standard deviation or risk Calculation of portfolio expected returns CAPM, Beta Financial management:- Time value of money Capital budgeting Cost of capital Leverage analysis and capital structure policies Dividend policy Bond value calculations like YTM, current yield etc International finance:- Derivatives Futures and options Swaps and forwards Business problems Finance problems Education (mention all your degrees, year awarded, Institute/University, field(s) of major): Education Qualification Board/Institution/ University Month/Year of Passing % Secured OPTIONALS/ Major ICWAI(inter) ICWAI inter Pursuing Pursuing - M.com(Finance) Osmania University June 2007 65 Finance & Taxation M B A (Finance) Osmania University Dec 2004 66 Finance & Marketing. B.Com Osmania University June 2002 72 Income Tax, Cost & Mgt, Accountancy, Auditing. Intermediate (XII) Board of Intermediate May 1999 58 Mathematics, Accountancy, Economics. S S C (X) S S C Board. May 1997 74 Mathematics, Social Studies, Science. Tutoring experience: • 10 year experience in online trouble shooting problems related to finance/accountancy. • Since 6 Years working with solution inn as a tutor, I have solved thousands of questions, quick and accuracy Skills (optional): Technical Exposure: MS Office, SQL, Tally, Wings, Focus, Programming with C Financial : Portfolio/Financial Management, Ratio Analysis, Capital Budgeting Stock Valuation & Dividend Policy, Bond Valuations Individual Skills : Proactive Nature, Self Motivative, Clear thought process, Quick problem solving skills, flexible to complex situations. Achievements : 1. I have received an Award certificate from Local Area MLA for the cause of getting 100% marks in Accountancy during my Graduation. 2. I have received a GOLD MEDAL/Scholarship from Home Minister in my MBA for being the “Top Rank student “ of management institute. 3. I received numerous complements and extra pay from various students for trouble shooting their online problems. Other interests/Hobbies (optional): ? Web Surfing ? Sports ? Watching Comics, News channels ? Miniature Collection ? Exploring hidden facts ? Solving riddles and puzzles
4.80+
391+ Reviews
552+ Question Solved
Related Book For
Contemporary Business Mathematics with Canadian Applications
ISBN: 978-0133052312
10th edition
Authors: S. A. Hummelbrunner, Kelly Halliday, K. Suzanne Coombs
Question Posted:
Students also viewed these Finance questions
-
Mejia borrowed $200,000 on March 1, 2013. This amount plus accrued interest at 10% compounded semiannually is to be repaid March 1, 2023. To retire this debt, Mejia plans to contribute to a debt...
-
Four years ago John borrowed $3000 from Arlette. The principal with interest at 10% compounded semiannually is to be repaid six years from the date of the loan. Fifteen months ago, John borrowed...
-
The Ram Company borrowed $20 000 at 10% compounded semi-annually and made payments toward the loan of $8000 after two years and $10 000 after three-and-a-half years. How much is required to pay off...
-
All of the following predispose an individual to a urinary tract infection except 1. Renal calculi 2. Benign prostatic hypertrophy 3. Wilm's Tumor 4. Indwelling catheter Renal calculi is most...
-
An economist examines the relationship between changes in short-term interest rates and long-term interest rates. He believes that changes in short-term rates are significant in explaining long-term...
-
Organizations spend significant time and energy producing sales and cash-flow forecasts, yet they sometimes fail to formulate priorities and objectives for risk management. This makes it difficult...
-
It is mentioned that for a "decision to be made" there must be more than one alternative under consideration and the possible outcomes must be of unequal value. What are the three general types of...
-
Melodic Musical Sales, Inc. is located at 5500 Fourth Avenue, City, and ST 98765. The corporation uses the calendar year and accrual basis for both book and tax purposes. It is engaged in the sale of...
-
You are tasked with predicting the occurrence of a binary event E. That is, = EUE, and ENE 0. Let p and 1-p denote your true probabilities for E and E, respectively. Let r and 1-r denote your...
-
Calculate the final pressure of a sample of water vapour that expands reversibly and adiabatically from 87.3 Torr and 500 dm3 to a final volume of 3.0 dm3. Take Y = 1.3
-
Two debt payments, the first for $800 due today and the second for $600 due in nine months with interest at 10.5% compounded monthly, are to be settled by a payment of $800 six months from now and a...
-
A debt of $7000 due today is to be settled by three equal payments due 3 months from now, 15 months from now, and 27 months from now. What is the size of the equal payments at 11% compounded...
-
For the following exercises, determine whether the equation of the curve can be written as a linear function. y = 3x 5
-
Determine the income yield, capital gains yield and total return given information below: (a) A 6 percent bond purchased a year ago or $990 that is currently selling for $995 (b) A stock that was...
-
Solve the following problems. Take all final answers to two decimal places. (a) A rectangular sheet of metal is twice as long as it is wide. Squares 3 cm by 3 cm, are cut from each comer and the ends...
-
Column A contains 75 randomly generated integers. Use python to graph the distribution of numbers in the x and y axis. Choose your own styling, title, and labels. Then determine the following in your...
-
1. What is the total additional paid-in capital? 2. What is the total contributed capital? 3. What is the total legal capital from ordinary shares? 4. What is the total legal capital from preference...
-
A lake contains fishes of n different species. A fisheries biologist catches fishes from the lake until she has caught one example from each species. Assuming that the probability of being caught is...
-
Perform the indicated operations. x 2 + 3b + [(b y) 3(2b y + z)]
-
In each of the following independent cases, document the system using whatever technique(s) your instructor specifies. a. Dreambox Creations (www.dreamboxcreations.com/) in Diamond Bar, California,...
-
Find the future value (compound amount) and compound interest. Use Table 13-1 or the future value and compound interest formula. See Example 3 and 4. A loan of $5,000 at 6% compounded semiannually...
-
Margaret Hillman invested $5,000 at 1.8% compounded quarterly for one year. Find the future value and the interest earned for the year?
-
Use Table 13 - 1 Appropriate formula for Exercise 11 - 16. See Examples 3 and 4 for table or Examples 5 through 7 for formulas. First State Bank loaned Doug Morgan $2,000 for four years compounded...
-
Write the feature of Super's Career Development Assessment and Counseling (C-DAC) system?
-
Describe one type of role-play technique you could use in a specific group setting. Explain who would benefit from this technique and why. Toseland, R. W., & Rivas, R. F. (2017). An introduction to...
-
Suppose that a manager is following a base stock policy where the optimal inventory position is 10. Assume the component lead time is 2 days. At the end of day 1, there is no ordered units yet to be...
Study smarter with the SolutionInn App