Business, 20.04.2021 07:10 christinemine556
Which best compares and contrasts Banking and Investment Planning?
Both require workers to have math skills for calculating risk, while Banking also requires workers to understand advanced mathematic calculations.
Both require workers to have organizational skills, while Banking requires patience for repetitive tasks.
Both require workers to understand laws related to their trades, while Investment Planning also sells products to new customers.
Both require workers to be independent and work alone, while Investment Planning also requires workers to track customer finances and investments.
Answers: 3
Business, 22.06.2019 08:20
Suppose that jim plans to borrow money for an education at texas a& m university. jim will need to borrow $25,000 at the end of each year for the next five years (total=$125,000). jim wishes his parents could pay for his education but they canβt. at least, he qualifies for government loans with a reduced interest rate while he is in school. he has a special arrangement with aggiebank to lend him the money at a subsidized rate of 1% over five years without having to make a payment until the end of the fifth year. however, at the end of the fifth year, jim agrees to pay off the loan by borrowing from longhorn bank. longhorn bank will lend him the money he needs at an annual interest rate of 6%. jim agrees to pay back the longhorn bank with 20 annual payments and the payments will be uniform (equal annual payments including principal and interest). (i) calculate how much money jim has to borrow at the end of 5 years to pay off the loan with aggiebank. a. $121,336 b. $127,525 c. $125,000 d. $102,020 e. none of the above
Answers: 2
Business, 22.06.2019 10:00
Your father offers you a choice of $120,000 in 11 years or $48,500 today. use appendix b as an approximate answer, but calculate your final answer using the formula and financial calculator methods. a-1. if money is discounted at 11 percent, what is the present value of the $120,000?
Answers: 3
Business, 22.06.2019 17:30
Danielle enjoys working as a certified public accountant (cpa) and assisting small businesses and individuals with managing their finances and taxes. which general area of accounting is her specialty? danielle specialized in
Answers: 1
Business, 23.06.2019 10:20
Teatro restoration, inc., begins renovating an old theater for urban edge productions, but after three months teatro demands an extra $250,000. urban edge agrees to pay. refer to fact pattern 13β4. if teatro says it is asking for the extra $250,000 because it has encountered extraordinary unforeseen difficulties that will add considerable cost to the project, the agreement is
Answers: 3
Which best compares and contrasts Banking and Investment Planning?
Both require workers to have ma...
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