Business, 03.08.2021 21:40 EllaLovesAnime
Your parents have accumulated a $140,000 nest egg. They have been planning to use this money to pay college costs to be incurred by you and your sister, Courtney. However, Courtney has decided to forgo college and start a nail salon. Your parents are giving Courtney $29,000 to help her get started, and they have decided to take year-end vacations costing $11,000 per year for the next four years. Use 7 percent as the appropriate interest rate throughout this problem. Use Appendix A and Appendix D for an approximate answer, but calculate your final answer using the formula and financial calculator methods.
a. How much money will your parents have at the end of four years to help you with graduate school, which you will start then? (Round your final answer to 2 decimal places.)
b. You plan to work on a masterās and perhaps a PhD. If graduate school costs $28,220 per year, approximately how long will you be able to stay in school based on these funds? (Round your final answer to 2 decimal places.)
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Jose recently died with a probate estate of $900,000. he was predeceased by his wife, guadalupe, and his daughter, lucy. he has two surviving children, pete and fred. jose was also survived by eight grandchildren, peteās three children, naomi, daniel, nick; fredās three children, heather, chris and steve; and lucyās two children, david and rachel. joseās will states the following āi leave everything to my three children. if any of my children shall predecease me then i leave their share to their heirs, per stirpes.ā which of the following statements is correct? (a) under joseās will rachel will receive $150,000. (b) under joseās will chris will receive $150,000. (c) under joseās will nick will receive $100,000. (d) under joseās will pete will receive $200,000.
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Business, 22.06.2019 18:10
Consumers who participate in the sharing economy seem willing to interact with total strangers. despite safety and privacy concerns, what do you think is the long-term outlook for this change in the way we think about interacting with people whom we don't know? how can businesses to diminish worries some people may have about these practices?
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Business, 22.06.2019 20:00
The master manufacturing company has just announced a tender offer for its own common stock. master is offering to buy up to 100% of the company's stock at $20 per share contingent on at least 64% of the outstanding shares being tendered. after the announcement of the offer, the stock closed on the nyse up 2.50 at $18.75. a customer has 100 shares of master stock in his cash account. the customer tells you that he wishes to "cash out" his position. you should recommend that the customer:
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Your parents have accumulated a $140,000 nest egg. They have been planning to use this money to pay...
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