Reference no: EM131319808
-Kratos has $1,500 that he will use as a down payment on a car. Assuming that he can afford a payment of $225per month, how much can Kratos spend on a car(that is, what is the total cost of the car that Kratos can purchase)if the interest rate is 4.75% and if he will finance his purchase with a 6year, monthly payment loan?
-Suppose you deposit $5,000 into an account earning 4 percent interest, compounded monthly. How many years (rounded to one decimal place –for example, 32.1843 year = 32.2) will it take for your account to be worth $9,500?
-Suppose you deposit $5,000 into an account earning 4 percent interest, compounded monthly and you also make monthly contributions of $50 (first monthly contribution made one month after the initial deposit is made). How many years (rounded to one decimal place –for example, 32.1843 year = 32.2) will it take for the account to grow to $7,500 in this case?
-Assume that I am trying to borrow money from you to finance my business. Assume that I promise to repay you in three installments, one payment of$5,000 to be made exactly 2years from today, a second payment of $10,000to be made exactly 5years from today, and a final payment of $15,000 to be made 8years from today.If your opportunity cost of funds is 7.5%p.a., (that is, use an interest rate of 7.5% for this question), how much should be willing to lend me today?
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Explain description of major issue involve in hockey lockout
: An examination of the background of the 2004-2005 National Hockey League (NHL) lockout. Explain a description of the major issues involved in the 2004-2005 NHL hockey lockout.
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Different silicon wafer milling machines
: You are evaluating two different silicon wafer milling machines. The Techron I costs $255,000, has a three-year life, and has pretax operating costs of $68,000 per year. For both milling machines, use straight-line depreciation to zero over the proje..
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What are the mean and standard deviation
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Difference in the proportion of men and women
: Do these data show enough evidence to support the conclusion that there is no difference in the proportion of men and women who think weight is a factor in purchasing a laptop? Use a 5% level of significance.
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What is the total cost of the car that kratos can purchase
: Kratos has $1,500 that he will use as a down payment on a car. Assuming that he can afford a payment of $225per month, how much can Kratos spend on a car(that is, what is the total cost of the car that Kratos can purchase)if the interest rate is 4.75..
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Critically evaluate leadership problems and challenges
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Describe the current events and how they are reflective
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Making the required minimum monthly payments
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What is affirmative action as a social policy
: What is Affirmative Action as a social policy? What were the goals of Affirmative Action? Has it been successful? What are the basic arguments for Affirmative Action and what are those against it?
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