Entries by Hannah Wangui

Tyler and Brittany’s New Expenses

Question Topic: Tyler and Brittany’s New Expenses Tyler and Brittany got married six months ago, and they both have good jobs coming out of college. Tyler landed a marketing job with a communications company making a starting salary of $40,000 take-home pay per year. Brittany began her career as a first grade teacher’s aide for […]

 

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Dave Ramsey

Question It seems that everywhere you look today, you are told that “You deserve better,” or “You earned it.” Hard work and discipline have nearly gone the way of the dodo in our culture, leaving a generation of spoiled, lazy, and entitled people. Give this video by Dave Ramsey a watch and let us know […]

 

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Ethan is in his third year of college and has run out of savings to pay for school

Question Ethan is in his third year of college and has run out of savings to pay for school. However, he is determined to finish his degree and graduate. Tuition for his fourth year will amount to $9,000 not including his living expenses. If he keeps his GPA up this semester, he can maintain his […]

 

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cash flows

Question The following are the cash flows of two projects: Years Project A Project B 0 -$ 350 -$ 350 1 180 250 2 180 250 3 180 250 4 180 What is the payback period of each project? (Round your answers to 1 decimal place.)  Project Payback period A ——Years B ——Years Here are the […]

 

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