missfev21 asked:


Bernie and Pam Britten are a young married couple beginning careers and establishing a household. They will each make about $50,000 next year and will have accumulated about $40,000 to invest. They now rent an apartment but are considering purchasing a condominium for $100,000. If they do, a down payment of $10,000 will be required.

They have discussed their situation with Lew McCarthy, an investment advisor and personal friend, and he has recommended the following investments:

The condominium – expected annual increase in market value = 5%.
Municipal bonds – expected annual yield = 5%.
High-yield corporate stocks – expected dividend yield = 8%.
Savings account in a commercial bank-expected annual yield = 3%.
High-growth common stocks – expected annual increase in market value = 10%; expected dividend yield = 0.
Calculate the after-tax yields on the foregoing investments, assuming the Brittens have a 28% marginal tax rate (based on Public Law 108-27, The Jobs and Growth Tax Relief Reconciliation Act of 2003).
How would you recommend the Brittens invest their $40,000? Explain your answer.

sunnyday77 asked:


Compare a regular cash dividend with a periodic share repurchase. Which has greater appeal to you? Explain.

Explain a stock dividend and further explain if you would prefer it to a cash dividend.

What are stock splits and how desirable are they?
I am not looking for homework help here!.. just explainations as i make some decisions.. .Thanks!

Compare a regular cash dividend with a periodic share repurchase. Which has greater appeal to you? Explain.
Explain a stock dividend and further explain if you would prefer it to a cash dividend.
What are stock splits and how desirable are they?

Holly G asked:


Fred is checking the calculations on his monthly bank statement. An interest charge of $16.3724 was rounded to $16.38. An interest charge of $43.7214 was rounded to 43.73. What rule does the bank use for rounding off to the nearest cent?

Im really confused on this question. Can someone please answer this and explain it to me?

nick f asked:


I already picked up a second and third job, but getting a personal loan will help me consolidate these debts and make it easier to pay off. I have a motorcycle to put up for a secured loan but not sure of where to go even for that. My credit score is 510 and I need about a 5-7 k loan. Any help in where to go?????

Kelly R asked:


The Cash Option is the amount you could receive today as a lump sum. So in this problem you are calculating the present value. If the amount were divided equally over 20 years you would be receiving an annuity of $300,000 per year. The applicable interest rate is 7%

Black_19 asked:


There are websites out there that have information like average salaries for specific job types which have been a great resource for me the past, however I’m wondering if there is a similar website that has information on personal finances . Information such has average balances one should have or has in their bank accounts or retirement accounts (checking, savings, investments, etc) so I can gauge where I am or where I should be. If anyone knows of one or a similar website it would be greatly appreciated if they could share!

Cat – astrophe asked:


Between the personal finances, private donations, Party spending, elaborate conventions, endless commercials, and candidates’ travel, etc., etc., shouldn’t there be a better way to do this without all of this spending? Or is it good for the economy?

mo asked:


My personal finance skills (paying bills online, balancing my checkbook, etc) leave a lot to be desired. My bachelor philosophy — hording as much money as I could in my checking account and hoping the ends meet — worked as a single man, but being the family accountant requires more than a “chipmunk mentality.” I often fall behind with monthly bill paying, and this produces a lot of anxiety. I am looking for a service to manage weekly bookkeeping, hoping that it pays for itself in reduced anxiety and fewer checking overdrafts. Does anyone have experience with outsourcing personal bookkeeping (not business) to a BPO firm in India or elsewhere? What should I look for in choosing a service and what should I expect to pay? What are the best firms and what do they provide?