You have $65 in your savings account at the beginning of a month. The bank pays you 2.75% interest on this account each year; interest payments are made each month.
Assuming you make no deposits or withdrawals over the next month, how much
interest will you earn during the month?

Guardian inc. is trying to develop an asset-financing plan. the firm has $450,000 in temporary current assets and $350,000 in permanent current assets. guardian also has $550,000 in fixed assets. assume a tax rate of 40 percent. a. construct two alternative financing plans for guardian. one of the plans should be conservative, with 70 percent of assets financed by long-term sources, and the other should be aggressive, with only 56.25 percent of assets financed by long-term sources. the current interest rate is 12 percent on long-term funds and 7 percent on short-term financing. compute the annual interest payments under each plan.

Who has summer school : ( because i do : (

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