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Noel bought a house by making a down payment of RM 45,000. The balance was borrowed from a bank which charged interest of 7% compounded monthly for 25 years with monthly payments of RM 1413.56.
(a) Find the amount borrowed.
(b) What is the market price of the house?
(c) If he failed to make the first 5 payments, how much should he pay on the 6th payment to settle all the outstanding arrears?
SINDY index is currently at I = 11,057. European options on SINDY have a strike price K = $11,000, a maturity T = 45 days, a dividend yield D = 1.5 percent.
Calculate the net income for this proposed project. (Round to two decimal places)
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A project costs $101,000 and is expected to generate cash flows of $31,000 per year for the next 15 years. At what rate is the NPV equal to zero?
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a proposed engineering control is expected to cut the accident rate by 40 percent for a given process that was recently
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