Entries by Hannah Wangui

What is the future value of $4000

Question What is the future value of $4000 style=”color:rgb(0,0,0);”> earning 18% interest, compounded monthly, for 4 years? (Round your answer to two decimal places.)   Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code “Newclient”

 

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Use a calculator for this exercise

Question Use a calculator for this exercise. style=”color:rgb(0,0,0);”>Suppose you purchase a car for a total price of $38,175, including taxes and license fee, and finance that amount for 4 years at an annual interest rate of 6%. (Round your answers to the nearest cent.)(a) Find the monthly payment.$  (b) What is the total amount of interest paid over the term […]

 

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Calculate the dividends

Question Calculate the dividends paid to a shareholder who has 850 style=”color:rgb(0,0,0);”> shares of a stock that is paying an annual dividend of $0.67 per share. (Round your answer to two decimal places.)   Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code “Newclient”

 

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A bond

Question A bond with a face value of $4000 and a 4.8% coupon has a 5-year maturity. Find the annual interest paid to the bondholder.   Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code “Newclient”

 

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