BUSN 380 Entire
Course Personal Financial Planning
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BUSN
380 Entire Course Personal Financial Planning NEW
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BUSN
380 Problem Set 1 Homework Week 1
- Ben Collins plans to buy a house for $65,000. If that
real estate property is expected to increase in value 5 percent each year,
what would its approximate value be seven years from now?
- At an annual interest rate of five percent, how long
would it take for your savings to double?
- In the mid-1990s, selected automobiles had an average
cost of $12,000. The average cost of those same motor vehicles is now
$20,000. What was the rate of increase for this item between the two time
periods?
- A family spends $28,000 a year for living expenses. If
prices increase by 4 percent a year for the next three years, what amount
will the family need for its living expenses?
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