Let's pretend College XYZ costs $70,000 to attend, but you're both fortunate, you get scholarship money, the scholarship is worth $40,000, therefore it will actually cost you $30,000 after your scholarships. Another factor, your parents have saved $15,000 to contribute to your bill. So, at this point, you owe the school $15,000 for the year. You'll need to borrow the $15,000 from a bank as a loan. I want you to answer these by using the linked calculator: 1. If you take out the loan for 10 years and the bank is charging you 4.5% interest, what would your monthly payment be? 2. If you take out the loan for 10 years, but you imagine you'll need to borrow $15,000 for all four years of college, so really $60,000 is being borrowed. If you pay that back for 10 years at 4%, what would be the monthly payment?

The next dividend payment by savitz, inc., will be $2.08 per share. the dividends are anticipated to maintain a growth rate of 6 percent forever. if the stock currently sells for $42 per share, what is the required return?

Acorporation a. can use different depreciation methods for tax and financial reporting purposes b. must use the straight - line depreciation method for tax purposes and double declining depreciation method financial reporting purposes c. must use different depreciation method for tax purposes, but strictly mandated depreciation methods for financial reporting purposes d. can use straight- line depreciation method for tax purposes and macrs depreciation method financial reporting purposes

Horace society is planning its annual western fair raceway gala. the gala committee has assembled the following expected costs for the event: dinner (per person) $10 gaming token and program (per person) $2 prize payouts $4,300 tickets and advertising $800 private box suite rental $1,700 lottery licenses $200 the committee members would like to charge $40 per person for the evening’s activities. required: 1. what is the break-even point for the dinner-dance (in terms of the number of persons who must attend)? 2. assume that last year only 200 persons attended the dinner-dance. if the same number attend this year, what price per ticket must be charged in order to break even? 3. refer to the original data ($40 ticket price per person). prepare a cvp graph for the dinner- dance from zero tickets up to 600 tickets sold.