Personal Finance Questions and Answers

Finance time and risk on pro ?

Harold Nguyen is considering the purchase of a commercial office building. He have estimated that the annual operating income (cash flows) for the next five years will be as follows: year 1 = $49,750; year 2 = $57,500; year 3 = $60,000; year 4 = $63,250; year 5 = $67,500. He also projects that the building can be sold for $1,850,000 at the cessation of five years. If Harold’s required rate of return is 13.25%, how much is this building worth today (NPV)?
a. $ 984,275
b. $1,197,827
c. $1,360,450
d. $2,110,334
e. None of the above.

How would you put in adjectives those # to get an answer for the BA II Plus? What would be the answer?


Answers: Have you considered reading the booK?

A repoed motor.?

My husband had his truck repoed surrounded by 2001 in Louisiana. He settled beside the finance company. I be just wondering if the repo will ever come stale of his credit. He has already reestablished his credit and i.e. the only fruitless mark on his credit. I only wasn't sure if it would be there forever or ever come sour? Thanks!!


Answers: 7 years after last date reported.
It should decline off 7-1/2 years from the date of first lesser amount. Depending on when in 2001, probably some time surrounded by the next year. The elder the item, the less impact on the ranking.

My mom requests me to own her settlemnt chek for $7825.00.shes vastly poorly? how do i deposit it? HELP!?

My mom is in a Nursing home; She received a small settlement check for $7,825.00, and she wishes me to have it. Shes not doing in good health. How do i go around doing this? I have a checking acct. but i dont own this much in it to cover the check. My ridge doesnt take a 3rd event check. ITs made out to her. What options do i enjoy?


Answers: What you are trying to do is called Medicaid Fraud IF her contemplation is being remunerated by the state. When the other people of your state are paying for her carefulness, IF THIS IS THE SITUATION, then she have no right to give you a present while those folks pay her track.

To pursue what you are trying to do any further then progress see an Atty and get the proper paperwork prepared to toy with these affairs.

Does Mom even know the check has arrived?
If she is mentally competent, she can agree it over to you.

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