## You have \$3,000 that you can invest today. Three investments are

You have \$3,000 that you can invest today. Three investments are available that each earn a different interest rate for different investment periods. What is the future value of the lump sum of each? ,,1. The investment earns 6% per year, compounded semiannually, for 1 year.,,2. The investment earns 8% per year, compounded quarterly, for 2 years.,,3. The investment earns 10% per year, compounded annually, for 3 years.,,PLEASE SHOW YOUR WORK and post your solutions.

## Please look at the question and solution below. I have the answer

Please look at the question and solution below. I have the answer but need to know how they did the mathematical step to obtain the solution. I have tried it several ways and it is still wrong. Can you please show me how they are obtaining the solution?,,Suppose a company uses trade credit with the terms of 2/10, net 50. If the company pays,their account on the 50th day, the effective borrowing cost of skipping the discount on,day 10 is closest to:,A. 14.9%.,B. 15.0%.,C. 20.2%.,,Answer is: C ,Cost = (1 + 0.02/0.98) 365/40 – 1 = 20:24%

## Plagiarism is not permitted!!!!!Further our chat last night.

Plagiarism is not permitted!!!!!,,Further our chat last night. In the Smith Family (Do part A only) you are faced with a situation where the family’s finances are in a mess.,,1. First you have to put the information they have is a format that you can analyze(show these statements in your report), then you must analyze their situation to determine the options available to them to bring their finances under control (Expenses that can be eliminated or reduced for example). Then you should make recommendations and finally you should prepare a statement showing how their finances will look like after your recommendations have been made. (Using excel and its financial functions), ,2. How should Matt react to the family’s situation? What do you think of their financial goals? Are there other goals that would be more appropriate? Will you be able to help them,Consider:,The composition of the Smith Family balance sheet,the Family’s financial goals,How they can achieve their goals, implement a financial plan, and evaluate their plan., ,3. Use the information provided to prepare a family balance sheet. What is the family’s total net worth> According to the information you have, will the family be successful in achieving its lifestyle and savings goals? why or why not?, ,4. Amber believes that it is important to have \$100,000 saved before Luke starts university– will they be able to meet this goal? Is this Goal realistic?, ,5. comment on the appropriate investment maturities the family should consider for;,a. savings for a different car,b.savings for their retirement (RESP),c. Savings for their sons education, ,6. Based on everything you know so far, Can the family do all of the things it plans to do? will some adjustments be necessary?, ,Comment on the Credit Card offer the family recently received in the mail., ,

## I have 10 questions that I need answered by 10 pm too :(. I have

I have 10 questions that I need answered by 10 pm too :(. I have been racking my brain. I need the solutions as well.