Score: 0 of 1 pt 12 of 14 (12 complete) O Discounting Notes-1 (similar to) A...
Time Remaining: 00:5345 Submit Quiz his Question: 1 pt 5 of 8 (2 complete) This Quiz: 8 pts possible A man has a simple discount note for $6,100, at an ordinary bank d percent. scount rate o 884% for 40 days. What is the effect e interest ate? Round tote earest tenth of a The effective interest rate is []%. (Round to the nearest tenth of a percent as needed.) Enter your answer in the answer box. re to search
Score: 0 of 1 pt 36 of 48 (45 complete) > V Score: 89.19%... (X) Instructor-created question 3 Question Help Hank made payments of $129 per month at the end of each month for 30 years to purchase a piece of property. He promptly sold it for $108,560. What interest rate, compounded monthly, would he need to earn on an ordinary annuity for a comparable rate of return? 1.89 % (Round to the nearest hundredth as needed.) Enter your answer...
Homework 3.1 Simple Interest Score: 0 of 1 pt 16 of 17 (17 complete) HW Score: 70 Bus Econ 3.1.63 What is the purchase price of a 50-day T-bill with a maturity value of $1,565 that ears an annual interest rate of 6019%? (Assume a 360 day year The purchase price is $(Round to two decimal places) Ty Enter your answer in the answer box and then click Check Answer All parts showing Clear ervices x Question 17 (0/1) ere...
14 of 20 (12 complete) HV. Score: 0 of 1 pt 8.6.5 Suppose that you are thinking about buying a car and have narrowed down your choices to two options The new car option: The new car costs $32,000 and can be financed with a five-year loan at 6.63%. The used car option: A three year old model of the same car costs $13,000 and can be financed with a five-year loan at 5.56%. What is the difference in monthly...
12 of 14 (10 complete) HW Score: 71.439 Score: 0 of 1 pt Quest 5.5.57 A golf-course architect has four linden trees, four white birch trees, and three bald cypress trees to plant in a row along a fairway. In how many ways can the landscaper plant the trees in a row, assuming that the trees are evenly spaced? different ways The trees can be planted in Enter your answer in the answer box and then click Check Answer. Check...
Score: 0 of 1 pt 3 of 20 (11 complete) Problem 5-4 (similar to) Present value) What is the present value of the following future amounts? a. $700 to be receved 10 years from now discounted back to the present at 11 percent b. $300 to be received 8 years from now discounted back to the present at 8 percent c. $1,050 to be received 12 years trom now discounted back to the present at 5 percent d. $1,050 to...
Score: 0 of 1 pt 3 of 20 (2 complete) HW Sce Problem 5-5 (similar to) (Present value) What is the present value of the following future amounts? a. $900 to be received 9 years from now discounted back to the present at 11 percent b. $200 to be received 6 years from now disc be received 6 years from now discounted back to the present at 9 percent c. $1,100 to be received 13 years from now discounted back...
please answer and explain Homework! Chapter 5 Homework Save Score: 0 of 1 pt 1 of 12 (5 complete) HW Score: 25%, 3 of 12 pts P5-2 (similar to) IE Question Help Periodic interest rates. You have a savings account in which you leave the funds for one year without adding to or withdrawing from the account. Which would you rather have: a daily compounded rate of 0.045%, a weekly compounded rate of 0.325%, a monthly compounded rate of 1.15%,...
Sam Score: 0 of 1 pt 3.2.31 12 of 40 (10 complete) HW Score: 25%, 10 of 40 Question Help According to a study. 82% of K-12 schools or districts in a country use digital content such as ebooks, audio books, and digital textbooks. Of these 82%, 12 out of 20 use digital content as part of their curriculum. Find the probability that a randomly selected school or district uses digital content and uses it as part of their curriculum...
Score: 0 of 1 pt 13 of 18 (13 complete) HW XP 3-19 (similar to) If your bank pays you 1.3% interest and you deposit $700 today, what will be your The bank balance will be $ (Round to the nearest cent.)