Financial Affairs and World News

Finance F asked:


Sven Smorgasbord is 35 years old is presently experiencing the “good” life. As a result, he anticipates that he will increase his weight at a rate of 3 percent a year. At present he weighs 200 pounds. What will he weigh at age 60?

Big asked:


I am a owner operator of my repossession and towing company. I just recently went into the repossession/recovery part of my business a few months ago. I currently recover/repossess for a few buy here, pay here car lots. What I’m wanting to do is expand and repossess for major auto finance and title loan companies. How would i go about doing so?

TJ asked:


My finance is swearing all the time, & I have a 7 year old boy, & we have a baby on the way. I don’t think it is good for my son to hear these words all the time. Often he uses cuss words in a normal conversation. He also has a short temper & simple things get him to swear & yell. I don’t want to raise kids like this, how do I get him to stop. Isn’t it bad for kids to hear?

keke_bka_mornay asked:


I’m a junior and I’m starting to search for a college or university that best fits me and my major I want to pursue. I want to major in Business/Accounting or Finance because I soon want to become a CFO in a major company one day.

Sweet Sweet Advice asked:


My finance and I are going to end up getting married but I was wondering how much extra money and benifits we will get so I can gauge whether we should go ahead and do it now or take our time. He is an e-5. Thanks!
Food allowance? So I knew the Bah wasn’t much but what extra are there is it true there is a food allowance? We don’t live on base and he is on shore duty if that helps.

Finance F asked:


The “Rule of 72” suggests that an amount will double in 12 years at a 6 percent compound annual rate or double in 6 years at a 12 percent annual rate. Is this a useful rule, and is it an accurate one?

marbledog asked:


I’m starting a small business, and I would like to offer financing to my customers, but I’m unsure of how to calculate monthly finance charges based on APR.

For instance, if I financed $700 at 20% APR over 24 months, how would I calculate a customer’s monthly bill?

Any help is appreciated! Thanks.

jonnydrama32 asked:


I graduated #1 in my class in Finance from Syracuse University, but spent the three years following graduation in the television industry. What’s the best job I can get (read: lots of money and fun) in the finance business?

Duafer i asked:


I am looking after many handicaped families effected by recent asian diseastor (Earth Quack). I need additional finance to fullfill the requirememnt. I am ready to allow my website to be used for advertising and marketing.

Hola Senorita! asked:


I’m presuing a finance major and should be done with in the next 1 1/2 to 2 years. What are some jobs a finance major could be looking at? And how is the starting salaries for most finance majors?