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You need to accumulate $114,480 for you son's education. You have decided to place equal year-end deposits in a savings account for the next 14 years. The savings account pays 6.88 percent per year, compounded annually. How much will each annual payment be?
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You find a certain stock that had returns of 12 percent, -13 percent, 24 percent, and 20 percent for four of the last five years. The average return of the stock over this period was 11.32 percent.
Approximately 14 million Americans are addicted to drugs and alcohol. The federal government estimates that these addicts cost the U.S. economy $300 billion.
Describe the cause and effect relationship resulting from the use of air miles as the allocation base. In which of cost pools do you think the cause and effect relationship is the strongest?
what is the NPV and IRR? - Is it worth to do this investment? Explain - Does it create more return? Explain - How will you determine what is your next step? Explain
Access the importance of technology in providing patients with clear and accessible information about health care organizations and the product (s) / service (s) that they provide.
Which of following describes the basic function of money?____ is a promise of future payment issued by firm and guaranteed by a bank that is used to finance international trade with typical maturities ranging from one to six months.
What was payment term of the amount of the contract between L and S? Will S need to pay $30,000 per day for the additional 6 months it took to build.
An investment will need a $2.4 million cash outlay to enter and will create perpetual cash inflows of $135,000 a year. Investors could earn 8% elsewhere by taking the same risk.
A bond currently sells for $887 even though it has a par of $1,000. It was issued two years ago and had a maturity of 10 years. The coupon rate is 7% and the interest payments are made semiannually. What is its YTM? (Show workings)
Accrued interest is determined using 30/360 convention. How much must you pay for the bond?
you just borrowed 130000 to buy a condo. you will repay the loan in equal monthly payments of 882.42 over the next 30
What is the standard deviation of each stock? What is the expected return on our portfolio?
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