PLEASE EXPLAIN HOW TO CALCULATE SO I CAN LEARN HOW TO MYSELF. THANKS OFFERING 15
ID: 2372837 • Letter: P
Question
PLEASE EXPLAIN HOW TO CALCULATE SO I CAN LEARN HOW TO MYSELF. THANKS
OFFERING 150 PTS FOR THE FIRST PART SINCE SO SHORT..THEN THE NEXT TWO 300 A PIECE AND I ALREADY FIGURED OUT MARGIN WHICH IS 3.8% FOR THE LAST PART PART A. PLEASE IGNORE THE ANSWERS THAT I PUT IN THEY ARE WRONG
A friend has $1,150 that has been saved from her part-time job. She will need her money, plus any interest earned on it, in six months and has asked for your help in deciding whether to put the money in a bank savings account at 4.9% interest or to lend it to Judy. Judy has promised to repay $1,182 after six months. RATE OF RETURN=AMOUNT OF RETURN/AMOUNT INVESTED..INTEREST=PRINCIPAL*RATE*TIME
Calculate the interest earned on the savings account for six months. (Round your answer to 2 decimal places. Omit the "$" sign in your response.)
Calculate the rate of return if the money is lent to Judy. (Round your intermediate calculations and final percentage answer to 2 decimal places. Omit the "%" sign in your response.)
Calculate the amount of return you would earn if the $4,950 were invested for one year at 7%. (Round your answer to nearest whole number. Omit the "$" sign in your response.)
Calculate the net amount of return you would earn if $3,000 were borrowed at a cost of 17%, and then $7,950 were invested for one year at 9%. (Round your answer to nearest whole number. Omit the "$" sign in your response.)
Calculate the net rate of return on your investment of $4,950 if you accept the strategy of part b.(Round your intermediate calculations to nearest whole dollar amount and final percentage answer to 2 decimal places. Omit the "%" sign in your response.)
ROI analysis using DuPont model [LO 3] (RETURN ON INVESTMENT=NET INCOME/SALES(*)SALES/AVG. TOTAL ASSETS. ) THE SALES/AVG. TOTAL ASSETS.. IS THE ASSET TURNOVER EQUATION..ANOTHER EQUATION GIVEN IS ROI=MARGIN(*)TURNOVER=NET INCOME/SALES(*)SLES/AVG. TOTAL ASSETS
A friend has $1,150 that has been saved from her part-time job. She will need her money, plus any interest earned on it, in six months and has asked for your help in deciding whether to put the money in a bank savings account at 4.9% interest or to lend it to Judy. Judy has promised to repay $1,182 after six months. RATE OF RETURN=AMOUNT OF RETURN/AMOUNT INVESTED..INTEREST=PRINCIPAL*RATE*TIME
Explanation / Answer
a)
interest= p*r*t
p=1150
r=4.9%=4.9/100
t=6months=1/2 year
interest= 1150*(4.9/100)*1/2= 28.175$
b)
rate of return= amount returned/amount invested
= 1182/1150=1.03
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