### A common phrase is “time is money”.

A common phrase is “time is money”. Please explain what is meant by this phrase?

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### The amount of money that would need to be invested today at a given interest rate over a specified period in order to equal a future amount is called _______.

The amount of money that would need to be invested today at a given interest rate over a specified period in order to equal a future amount is called _______. future value, present value, future value interest factor, or present value interest factor I believe the answer is – future value interest factor – please

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### Present Value Years Interest Rate Future Value

Present Value Years Interest Rate Future Value 4 4% $15,451 9 12% 51,557 14 22% 886,073 18 20% 550,164

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### 4. You have just won the lottery and you have three choices to choose from as to how you will receive your winnings.

4. You have just won the lottery and you have three choices to choose from as to how you will receive your winnings. Choice I: You would receive a lump sum payment of $75,000 today. Choice II: You would receive $10,000 at the end of each of the next 8 years Choice III: You would

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### Newman Medical Center is considering purchasing an ultrasound machine for $1,150,000. The machine has a 10-year life and

Newman Medical Center is considering purchasing an ultrasound machine for $1,150,000. The machine has a 10-year life and an estimated salvage value of $30,000. Installation costs and freight charges will be $19,200 and $800, respectively. The center uses straight-line depreciation. Newman’s cost of capital is 9%. The medical center estimates that the machine will be

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### 1. Person A’s portfolio is worth $100,000 today. He expects to retire in 10 years and also expects to earn an 8% return per year on his portfolio until he retires.

1. Person A’s portfolio is worth $100,000 today. He expects to retire in 10 years and also expects to earn an 8% return per year on his portfolio until he retires. Person A’s yearly statement from the Social Security Administration projects that he will receive a constant amount of $2000 per month beginning at his

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### McNally Motors has yet to pay a dividend on its common stock. However, the company expects to pay a $1.00 dividend starting two years from now

McNally Motors has yet to pay a dividend on its common stock. However, the company expects to pay a $1.00 dividend starting two years from now (i.e., D2 = $1.00). Thereafter, the stock’s dividend is expected to grow at a constant rate of 5 percent a year. The stock’s beta is 1.4, the risk-free rate

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### I need help in answering these questions.

I need help in answering these questions. 1. Between stocks, mutual funds, and/or bonds, what would be your selection(s) for your retirement plan? Why? 2. What are the three most important principles of finance? Why?

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### 1) Would you rather have a hundred dollars today or a hundred dollars a year from now? Why?

1) Would you rather have a hundred dollars today or a hundred dollars a year from now? Why? 2) What are the underlying concepts behind time value of money? 3) What are examples of long-term notes payable in our personal finances? 4) Why is unearned revenue considered a liability?

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### 1. U have been tracking a non-dividend paying share that you purchased. Its price since you purchased it (t = 0) until today (t = 3) has been P0 = $27.50, P1 = $17.50, P2 = $31.50 and P3 = $26.50.

1. U have been tracking a non-dividend paying share that you purchased. Its price since you purchased it (t = 0) until today (t = 3) has been P0 = $27.50, P1 = $17.50, P2 = $31.50 and P3 = $26.50. a) Compute the periodic rates of return. b) Compute the arithmetic and geometric rate

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