Maurice Tutor

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About Maurice Tutor

Levels Tought:
Elementary,Middle School,High School,College,University,PHD

Expertise:
Algebra,Applied Sciences See all
Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 401 Weeks Ago, 6 Days Ago
Questions Answered: 66690
Tutorials Posted: 66688

Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 17 Aug 2017 My Price 7.00

value of the lease

What is the present value of $14,350 to be received 3 years from today if the discount rate is 5.50 percent?

  $12,110.09
  $12,220.66
  $12,098.45
  $12,892.79
  $7,827.27


Your car dealer is willing to lease you a new car for $299 a month for 72 months. Payments are due on the first day of each month starting with the day you sign the lease contract. If your cost of money is 2.9 percent, what is the current value of the lease?
  $19,785.00
  $18,233.14
  $16,980.28
  $20,084.00
  $16,681.28
Holiday Tours (HT) has an employment contract with its newly hired CEO. The contract requires a lump sum payment of $26 million be paid to the CEO upon the successful completion of her first three years of service. HT wants to set aside an equal amount of money at the end of each year to cover this anticipated cash outflow and will earn 6.0 percent on the funds. How much must HT set aside each year for this purpose?
  $8,166,855.13
  $7,939,408.22
  $7,921,849.48
  $2,135,995.36
  $1,560,000.00

 

Answers

(5)
Status NEW Posted 17 Aug 2017 07:08 PM My Price 7.00

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