The answer is: On average, how many days late do customers pay?(Hint: Find the maximum dollars of interest, then the debt that produces that interest, and then the related debt ratio.If sales grow at 6% per year, how large (in millions) will they be 5 years later. If the going interest rate on these 8-year bonds is 5.5%, how much is the.
The second example: The graduate expects to receive an annual salary of $6,000 per year more as a result of.Assume you make $50,000/year and save 6% of your monthly salary.How much will you have in the 401-K plan after 40 years assuming a 8% investment return? What is the homeowner's "debt payments to take home pay" ratio?