Free Essay

Studebaker

In:

Submitted By fdotorres
Words 847
Pages 4
Fernando Torres
801-058449

PREGUNTAS STUDEBAKER

1. Morton señala que el $ 55.000 invertidos en la póliza de seguro de vida de prima única crecería a 176,392 dólares en 20 años para el retorno del 6 por ciento al año. Explique cómo se ha calculado ese retorno.

FV=55,000(1.06)20=176,392.4510

PV= $55,000 I= 6% N= 20 años FV= 176,392.4510

Se utilizó el valor presente de la póliza de seguro que costaba $55,000

Se calculó el valor futuro póliza con una tasa de retorno de 6% anual por un periodo de 20 años; monto total de $ 176,392.4510 al año 20.

2. Con el fin de cambiar la posición de la equidad en su casa, Studebaker tendría que sacar a 30 años, $ 75.000 de hipoteca en un 9 por ciento. Explicar cómo se obtuvieron los pagos hipotecarios anuales sobre este préstamo.

Cuota de pago mensual:
N = 30 años x 12 meses = 360
I = 9% (.09/12) = .75 tasa mensual
PV = $75,000 El pago mensual es $603.47.

Studebaker estaría pagando anualmente $7,241.60. Esto es el resultado del valor presente de $75,000 de la hipoteca, la mensualidad y la cuota. Esto sirve para calcular la anualidad.

El cálculo de Morton predecía un pago anual de $7,300. Su cálculo fue calculado con la tasa de 9% anual, en vez de con la tasa efectiva mensualmente. Por ende, resulta la diferencia de $ 58.40.

5. (A) Si el exceso de $ 30,000 fueron invertidos en un activo a largo plazo dando un 8 por ciento al año, ¿cuánto se acumularía después de 20 años?

PV = $30,000 I = 8% N = 20
Manteniendo un rendimiento fijo de 8%, el valor futuro de la inversión es $139,828.7143.

(B) Suponga Studebaker colocó $ 3,052 al año en una inversión a largo plazo el pago de 8 por ciento anual. ¿Cuánto se acumularía después de 20 años (importes invertidos al final de cada año)?

PMT = $3,052 I = 8% N = 20 años

Al final de los vente años sería un total de importe de 139,665.51.

6. Repita el problema 5, pero asume un retorno del 7 por ciento puede ser ganado.

A. PV = $30,000 I = 7% N = 20

El valor futuro de la inversión = $116,090.5339.

B. PMT = $3,052 I = 7% N = 20 años

El importe luego de dos décadas es de $ 125,118.2426.

7. Las críticas de Comer a entender que la póliza de seguro de vida de prima única es una inversión poco atractiva para Studebaker. ¿Qué sugieren las respuestas anteriores?

De Studebaker invertir el exceso de $30,000 a una tasa contante, sería de $116,090.53. Esto representa el monto total que ganaría con la inversión.

De Studebaker hacer otra inversión con un pago anual de $3,052 a una tasa de rendimiento de 7%, obtendría un monto total de $ 125,118.2426. El rendimiento total de ambas inversiones sería $241,208.7785, lo cual le daría una ganancia de 1.36% adicional a la póliza ($176,392.4510).

8. (A) Supongamos que el objetivo del Studebaker es acumular 400.000 dólares en 20 años. Asumir los 30.000 dólares se invierten en el 8 por ciento. ¿Cuánto se tiene que guardar en cantidades iguales al final de cada uno de los próximos 20 años si es capaz de ganar un 8 por ciento por año en las inversiones?

PV = $30,000 I = 8% N = 20 años FV = $ 400,000

PMT = 11,796.44979 anual

Si el objetivo es acumular $400,000 dólares en 20 años, habría que hacer un depósito anual de 11,796.4497 dólares.

9. El pago anual de la nueva hipoteca a 30 años, $ 75.000 es de $ 7.300. Este asume un pago se realiza al final de cada uno de los próximos 30 años. Supongamos que los pagos deben hacerse al final de cada mes. ¿Los 12 de estos pagos mensuales será igual a uno de los pagos anuales? Explique.

Los pago mensuales con tasa efectiva mensual serían de $608.33

Si se lleva a anualidad multiplicando por 12, sería $7,300.

10. Cuadro 3 indica que el coste anual de la póliza de seguro de vida es $ 3052. Con los ajustes mencionados en el caso, se calcula que el costo es $ 5.152 en el año 1 y $ 18.632 por año 20 suponiendo una rentabilidad anual del 7 por ciento. Explicar cómo éstas fueron resueltas.

El costo anual debe incluir el aumento en pago de hipoteca para ese año, además del aumento de los intereses perdidos durante el año.

El costo anual en el primer año es de $ 5,152, incluyendo $3,052 pagado al final del primer año, en adición a $2,100 de interés perdido en los $30,000 con una tasa de 7% de interés.

Por 20 años, el costo anual es de $18,632.

Asumiendo que este costo incrementa a razón de 7% anualmente, sería un costo total de $18,632 dólares.

Similar Documents

Premium Essay

The Life

...DOM03 Project Management Assignment I Assignment Code: 2012DOM03A1 Last Date of Submission: 15th April 2012 (for old PhD) 15th May 2012 (for ACM) Maximum Marks 100 Attempt all the questions. All questions carry equal marks. The case of the Mexican Crazy Quilt “The mission of the project which you will head is to get our new Mexican subsidiary ready for take-over by Mexican managers. My hope that you will be able to do this in about two years” explained Robert Linderman, president of Linderman Industries to Carl Conway, newly appointed manager for “Operation Mexicano”. Conway had been hired specifically for this assignment because of his experience in managing large defence projects in the aerospace industry. “The first thing that I will have to do is put a project team together” said Conway. “I imagine that you have in mind my drawing people from the functional divisions.” “Yes, I have already sent memoranda to the division managers informing them that you will be asking for some of their key people to work under you for about two years,” said Linderman.. “In addition, I have advised them to be prepared to process work orders from Operation Mexicano with the personnel and equipment of their organizations. Later on in the project’s life, you will begin to get Mexican personnel, both managers and technicians, in to your organization. These people will have Mexican...

Words: 2586 - Pages: 11

Premium Essay

Gold Rush: Immigrants In California

...1848. Many people from all over the nation and the world soon poured into the area for a chance to become wealthy miners. However, many people found that it was easier to make a living by servicing the miners. Just as much money was in this business as in mining itself. As miners poured into California, businesses and towns would need to be made to help the miners and the local economy of the area. The Gold Rush united a nation that was separated into east and west. Not only did the Gold Rush unite a nation, it created jobs for many ethnic groups and offered people the chance to become wealthy. The Gold Rush created many opportunities for up and coming entrepreneurs such as Levi Strauss, Henry Wells and William Fargo, as well as John Studebaker. Levi Strauss invented the blue jeans for the miners and the working class, which became loved by all. Levi Strauss went to San Francisco in 1853 to take advantage of the giant sales opportunity in California (PBS.com). Once in San Francisco, Strsuss opened up a store and began to sell merchandise. John Davis, a Nevada tailor, approached Levi Strauss and wanted to create a partnership for his heavy-duty cotton work pants (PBS.com). The jeans became a huge success with miners, cowboys, and the working class. “By the end of 1873, thousands of San Franciscans were wearing Strauss and Davis's pants” (PBS.com). Henry Wells and William Fargo became respected businessmen by transporting goods and creating a bank. In 1849, with gold being found...

Words: 1198 - Pages: 5

Free Essay

Restoration

...request of railroad car VIP George Pullman, to design what would become the nation's first planned company town. • Constructed as an 8 story building • First few floors of the building were originally showrooms for carriages, with the manufacturing functions on the floors above, and the large windows providing ample stage for display. Both Greek and Roman culture influenced the building multicolored Romanesque style, with a rusticated limestone and granite • Originally the Studebaker, a carriage factory and showroom needed more room in 1890s so demolished the 3 story building next door and built a 5 story attached annex • By 1895 the annex proved insufficient so in 1896 moved to a larger facility • The Studebakers turned to Beman again to turn the building into studios and theaters • The building underwent extensive remodeling in 1898 in order to create a space for Chicago's art and literary world. After the remodel, the building's theater was dedicated to its former owners and renamed Studebaker Hall. • Then became a 10 story building in the summer of 1898 • It became a gathering for musicians, writers, artists, publishers 1908-1910 • Became known as "the first colony in chicago" • This was remodeled in 1909 when Frank Lloyd Wright designed the Thurber Art Galleries • Original features such as the hand-operated elevator with its bronze cast doors, 1898 Art Nouveau murals on the 10th floor atrium, and a Venetian courtyard garden. • The building's motto, "All...

Words: 491 - Pages: 2

Free Essay

Case Study

...Case Study Studebaker v. Nettie’s Flower Garden, Inc. April 5, 2015 Summary: Judith Studebaker filed suit against Nettie’s Flower Garden, Inc. (Studebaker v. Nettie’s Flower Garden, Inc) after being injured in an accident on August 9, 1989. A van driven by James Ferry, collided with her vehicle. When the case went to court, the jury found Nettie’s Flowers responsible for Studebaker’s injuries, and awarded her $125,000. (Twomey, 2015, p 620). Ferry’s job at Nettie’s wa delivering flowers for the company, but, when the case was heard Nettie’s claimed that James Ferry was an independent contractor (Twomey, 2015, p 621), and paid Ferry based on the number of deliveries made instead of how many hours actually worked. Ferry used his own personal van for deliveries, and Nettie’s Flowers requested Ferry equip his van with air-conditioning and heat to protect the plants. Ferry was responsible for delivering in his assigned territory. Although, Nettie’s did not supply Ferry with a company uniform he was expected to have a neat appearance, and conduct himself in a professional manner while on the job. (Twomey, 2015, p 620). On the date of the accident, Ferry made a mid-day stop downtown, and, then ran by a pawn shop to handle some personal business. Shortly after leaving the pawn shop, and heading to do his afternoon run Ferry collided with Studebaker’s vehicle. After leaving the pawn shop, and headed to do his afternoon run, Ferry’s van collided with Studebaker’s vehicle. (Twomey...

Words: 964 - Pages: 4

Free Essay

History Essay

... The capitalist who shaped industrial America made the southern industry more developed. Although it shaped society for us today the capitalist went about it the wrong way. Industrialization was often introduced as beneficial to all, profitable even in history. In document I “John D. Rockefeller , testimony to the U.S. Industrial commission, before the house of representatives, 1899.” It says “their chief advantages are:… power to give the public improved products at less prices and still make a profit for stockholders…” this discusses the advantages that the industrial oil company has and how beneficial it was to the public. To add some reality to this there were flaws with industrialization an example is in document H “Clement Studebaker, manufacturer of horse-drawn vehicles, testimony to Chicago Conference on Trusts, 1899” it says “No true monopoly is possible in this country..” The way this quote was perceived was that in this country there was no big money guaranteed. The capitalist were corrupt “Robber Barons”. Industrializing was hard work but not for the capitalists. As in many cases in the south the wealthy had it easy and the poor had it hard and now children were mistreated as well. The wealthy class was considered the superior to the poor. They were the bosses and they benefited a lot from the industrialization of the south. The wealthy had to share their “knowledge” with the poor. Document C “Andrew Carnegie gospel of wealth,1899” it says “This, then...

Words: 501 - Pages: 3

Premium Essay

Appellant V. Bowen Case

...RR 4:39-40 Tony Barrientes, Hernandez’s hired hand and nephew, accompanied them to assist. RR 4:47 On September 13 and 14, each truck with an attached trailer took two loads each day equaling eight loads in total. RR 4:57 Danise Wills, records custodian for Pine Street Salvage, corroborated the payouts for September 13 and 14 with business records for Gwinn’s business account, JAGS. RR 3:88-89 However, per Keeling and Appellant’s instruction, Gwinn did not transfer all of the vehicles to Pine Street Salvage. RR 3:186 Gwinn testified that he agreed to store the Studebaker pickup after Keeling and Appellant decided they wanted to try to resell it. RR...

Words: 1614 - Pages: 7

Free Essay

Anheuser Busch Clydesdales

...million dollars? Let’s say you did and with that purchase, you got 18 hands, 6 feet and only 30 seconds to be part of it. You would have just felt like a marketing executive at Anheuser-Busch Brewing Company, the maker of Budweiser beer. The marketing department purchased a commercial spot during the 2013 Super Bowl with its iconic mascot, a Clydesdale horse. The interesting history of this company along with the characteristics of its iconic mascot and the amounts of money to advertise during the Super Bowl is amazing. First of all, the Anheuser-Busch (Budweiser) Company adopted the Clydesdale horse during the depression, around the 1930’s. August A. Busch, Jr. presented his father, August A. Busch, Sr., with a gift. It was a Studebaker beer wagon with a perfectly conformed six horse hitch of Clydesdales (Wikipedia 2013; http://en.wikipedia.org/wiki/Budweiser_Clydesdales). The Clydesdale horses are mostly used in exhibitions and parades because of their size and grace. Secondly, is the main characteristics of these massive animals are their colors. There are different shades of Bay, Brown, Chestnut and Black predominantly, but with a white underbelly as well as a white feather (long hair) over their ankle to their hooves (Wikipedia 2013; http://en.wikipedia.org/wiki/Budweiser_Clydesdales). Their average growing is over 2,000 pounds and stand 18 hands (6 feet) tall; they are known for their grace and to become part of the Anheuser-Busch family is specific. The...

Words: 474 - Pages: 2

Premium Essay

Mishawaka Informative Speech

...Kids' Museum, and the Studebaker National Museum. Price4Limo also offers a variety of university shuttle services for Mishawaka schools, including Bethel University and Holy Cross College. Potawatomi Zoo - 500 S Greenlawn Ave, South Bend, IN 46615 - (574) 235-9800 HealthWorks! Kids' Museum - 111 W Jefferson Blvd, South Bend, IN 46601 - (574) 235-9663 The Studebaker National Museum - 201 Chapin St, South Bend, IN 46601 - (574) 235-9714 Mishawaka Conferences and Corporate Event Shuttles When your team’s travels bring you to a business event in Mishawaka, let Price4Limo handle the transport logistics. Forget about making sure everyone arrives on time for a carpool. We’ll get you there in a premium corporate charter bus rental, with enough room for your entire team. Your guests and employees will always be comfortable and focused during a ride from the South Bend airport to local venues like The Brick, with modern shuttle bus rental services...

Words: 1524 - Pages: 7

Premium Essay

Personal Narrative: My Parent Adoption

...Starting with my parents MaryAnn and Edwin Pacion. Both of my parents were foster/adoptive parents. They adopted 20 special needs kids including me and my sister. There are 25 in total because of previous marriages. At around the age of 7 my mom told me a story on how she met my dad at a place called Studebakers. He asked her to dance and after the music stopped my dad told her he was going to marry her, she thought he was nuts. He didn’t know about all the kids she had and in her view most guys ran when kids were involved so it was her decision not to tell, just to enjoy herself when going out. In the next week he gave her a gold necklace with a teddy bear on it to let her know he was serious and wasn’t going anywhere. Now my mom had to be...

Words: 533 - Pages: 3

Premium Essay

Accounting

...1 A problem with rewarding managers only on the basis of residual income is that: c.residual income can depend on items over which the manager has little control 2. Relative performance evaluation: a. is called benchmarking, b. filters out the effect of common non-controllable factors; c. results in managers having no incentive to help one another; d. All of these answers are correct. Answer: d. 3. The return on investment is usually considered the most popular approach to incorporating the investment base into a performance measure because:a, it blends all the ingredients of profitability into a single percentage. 4 During the past twelve months, the Aaron Corporation had a net income of $50,000. What is the amount of the investment if the return on investment is 20%? C.250000. 5. A problem with using residual income is that a corporation with a:c. larger dollar amount of assets is likely to have a higher residual income than a corporation with a smaller dollar amount of assets.6. The return on investment can be defined as: c.Total capital invested divided by profit.7. Calculate the return on investment of new equipment in the first year if: Profit = $3,000,000, Invested capital = $45,000,000, Increase in divisional profits = $45,000 Purchase of new machine = $900,000:a.5%. 8. For Echuca Ltd sales are $1,500,000, profit is $90,000, invested capital is $450,000 and the interest rate is 8%. What is the residual income for the year?b.$54000. 9. Tentafield Ltd has an after tax operating...

Words: 2452 - Pages: 10

Free Essay

Packard

...The Packard Automotive Plant When it opened in Detroit, the Packard Automotive Plant served as a symbol of the meteoric rise of the city's production economy that employed over 40,000 skilled workers. Construction of the plant began in 1903 and was not completed until 1911. Packard Automotive Plant was designed by the great German-American architect Albert Khan. Albert Khan one of the most prolific architects in American history revolutionized the way factories were built based off his design of the Packard Plant. The plant's 3.5 million square feet stretch over a 40-acre campus on Detroit's east side. It was once considered the most advanced automotive factories in existence, and after several years of expansion contained one of the longest assembly lines in the world. Today, the Packard Automotive Plant is known as the largest abandoned factory in the World. The historically significances of this plant is due to the representation of an era of growth and optimism for the city of Detroit based around the auto industry. Packard & Weiss was founded by James Ward Packard, his brother William Packard and their partner, George Lewis Weiss, in the city of Warren, Ohio in 1893. Due to his years as a mechanical engineer, James Ward Packard believed they could build a better horseless carriage than the Winton cars owned by Weiss. The Packard brothers were inspired to start their own car company and their dream was becoming reality in 1899 after the first Packard automobile was released...

Words: 2140 - Pages: 9

Premium Essay

Toyota Tundra Research Paper

...weekend, either. A maximum towing capacity with the 4.6-liter engine gives you between 6,400 and 6,800 pounds, depending on the body style you go with. We at AutoNation Toyota Cerritos firmly believe in providing our customers with unbeatable, impeccable customer service for the entire life of your vehicle. Whether you’re looking for basic sales experience in our friendly showroom, or expert vehicle maintenance from our knowledgeable service department, you will be a satisfied customer for life. If you live in the Cerritos, Norwalk, or Los Angeles areas, we at AutoNation Toyota Cerritos are your one-stop shop for all of your Toyota vehicle needs. Come experience a great service experience at AutoNation Toyota Cerritos, located at 18700 Studebaker Road in Cerritos, CA. Read through our 2015 Toyota Tundra Overview, and schedule a test-drive today! ...

Words: 752 - Pages: 4

Premium Essay

Erisa

...1. Describe ERISA preemption of state insurance laws and mandates. Discuss the implications of this preemption. The employee Retirement Income security Act of 1974 (ERISA) is a comprehensive federal statute which imposes minimum standards on employee benefit plans. In order to avoid conflicting state regulations, ERISA preempts state laws which relate to these plans. ERISA’s preemption, however, is not complete. Consistent with the federal policy embodied in the McCarran-Ferguson Act of leaving the regulation of insurance to the states, Congress saved from ERISA preemption any state law which regulates insurance. States have enacted legislation that requires insurers to pay for the services of a particular type of health care provider, even if the terms of the policy specify that the payment will be made only to another type of provider. These “mandated-provider” laws, as they are called, relate to employee benefit plans because they change the terms of the insurance policies purchased by these plans. Thus, unless mandated-provider laws regulate insurance, such laws are preempted by ERISA as applied to employee benefit plans. The question whether mandated-provider laws are laws that regulate insurance is important because of the prevalence of such statutes, the large number of individuals covered by insurance plans, and the significant effect such statutes have on the structure, administration, and cost of insured plans. Insurers are generally opposed to mandated-provider provider...

Words: 2182 - Pages: 9

Premium Essay

Criminal Trial

...The Court’s Administration: An Analysis of the Roles in the Process of Criminal Trial The Court’s Administration: An Analysis of the Roles in the Process of Criminal Trial Criminal procedure is the process of investigating, prosecuting, and punishing crimes (Scheb & Sharma, 2013). Criminal procedure includes law enforcement activities, including the arrest, interrogation, and identification of suspects. Criminal procedure also involves a process of criminal trial, in which a person is tried for their crime. The trial process can be extensive, but criminal charges can also be settled in the pretrial process. The pretrial process largely determines the outcome of a criminal case; most criminal cases never make it to trial. Charges against the defendant may be dropped or dismissed due to a lack of evidence. The defendant may also plead guilty without trial. Many guilty pleas result from plea negotiations between the prosecutors and defendant or defense attorneys. This pretrial process makes a formal criminal trial unnecessary (Scheb & Sharma, 2013). There are various roles in the criminal trial process, including the judge, the prosecuting attorneys, the jury, and the expert witnesses such as forensic psychologists. The assortment of roles has a high effect on the outcome for the defendant. A prosecutor is responsible for determining what charges to pursue and whether to plea bargain with the defendant. A jury decides a verdict. A judge decides a sentence. A forensic...

Words: 3921 - Pages: 16

Premium Essay

Program Music Analysis

...first, then the composer follows the idea to compose. Composers often get their typical subjects for program music from different forms of arts, nature, social issues or even their daily lives. There are some good program music, such as Grand Canyon Suite by Ferde Grofé, I pini di Roma ("The Pines of Rome") by Ottorino Respighi, They are considered to be good examples of program music. In Grand Canyon Suite (initially titled “Five Pictures of the Grand Canyon”) by Ferde Grofé, it is a suit for orchestra which consists 5 movements I. Sunrise II. Painted Desert III. On the Trail IV. Sunset V. Cloudburst. It was composed from 1929 to 1931. The first performance was given by Paul Whiteman and his orchestra in 22, November, 1913 at the Studebaker Theatre in Chicago. It the conductor’s score from the coda to the Cloudburst movement was noted as a separate movement: VI. Distant Thunder, however it was not shown in the performer’s score. It was considered to be a good example because each movement describes a particular scene of the Grand Canyon in different ways. This suite is played in the Grand Canyon Diorama on the Disneyland Railroad which is a short Waltz Disney films in 1958 at a Cinemascope format. In the scene of Grand Canyon in the movie, Grand Canyon Suite was featured, however the order of it has been altered. In this suite, the third movement “on the trail” was played in the film A Christmas Story, it was also used for “musical signature” for a radio program. In I pini...

Words: 1572 - Pages: 7