Reference no: EM131903462
1. You just invested $5,000 in a 48-month certificate of deposit (CD) at your local bank. The CD pays 1.5% interest per year compounded monthly. What amount will your CD be worth when it matures?
2. I am asking a bank to lend me part of the money I need to make a down payment on a duplex I am purchasing. Based on my income projections for the duplex, I can easily afford to pay $700 per month for the next four years. How much will the bank lend me, assuming it requires a 6% annual return on this four-year loan?
3. You have just entered into a contract to purchase a home. After shopping around, you decide on a $180,000 mortgage from a lender offering a 30-year fixed rate mortgage with monthly payments at an annual interest rate of 7%. What is the monthly loan payment?
4. In 2006 Juan and Maria purchased a home for $250,000. They were offered a 30-year loan by a mortgage broker for no money down, interest only for the first three years at 3%, then automatically converting to an amortizing loan at 2 points above the prime rate (the prime rate is now 5%). What was their initial monthly payment, and what did it become after the reset?
5. What does the loan adjustment in problem 4 tell you about the financial crisis in the housing market in 2009?
|
What is the required rate of return for a stock
: What is the required rate of return for a stock with a beta 1.06?
|
|
What is pearson cost of common equity
: Person's CFO estimates that the company's WACC is 10.50%. What is Pearson's cost of common equity?
|
|
What is the expected rate of return
: Corporation has a 0.4 probability of a return of -0.2, a 0.2 probability of a rate of return of 0.05, and the remaining probability of a -0.07 rate of return.
|
|
At what amount should libya record the asset
: At this time, the net book value of Libya's asset is $40,000, Given these facts, at what amount should Libya record the asset it receives from Burundi
|
|
What amount will your cd be worth when it matures
: The CD pays 1.5% interest per year compounded monthly. What amount will your CD be worth when it matures?
|
|
What is the required rate of return for a stock with a beta
: What is the required rate of return for a stock with a Beta 0.86?
|
|
What is the variance in the expected rate of return
: Corporation has a 0.1 probability of a return of 0.01, a 0.1 probability of a rate of return of 0.06, and the remaining probability of a 0.8 rate of return.
|
|
What is the break-event interest rate for this project
: An investor would like to purchase a new apartment property for $2 million. However, she faces the decision of whether to use 70 percent or 80 percent financing
|
|
What is the framebuffer address of the pixel with screen
: Suppose you have a system with an 8-inch by l0.inch video monitor. What is the framebuffer address of the pixel with screen coordinates (>, v)?
|