Entries by Hannah Wangui

An amount of $1700 is deposited

Question An amount of $1700 is deposited for 6 years in an account that earns 8% interest. (Round your answers to two decimal places.) (a) Calculate the simple interest earned. $   (b) Calculate the interest earned if interest is compounded daily. $   (c) How much more interest is earned on the account when the interest is compounded daily? $    Looking […]

 

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The purchase price of a condo is $122,000

Question The purchase price of a condo is $122,000. A down payment of 25% is made. The bank charges $725 in fees plus 4 1/2  points. Find the total of the down payment and the closing costs. (Round answer to nearest cent.)   Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code “Newclient”

 

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The Blackburn Company has declared an annual dividend of $0.50

Question The Blackburn Company has declared an annual dividend of $0.50 style=”color:rgb(0,0,0);”> per share. The stock is trading at $45 per share. Find the dividend yield. (Round answer two decimal places.)______%   Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code “Newclient”

 

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Solve the equation

Question Solve the equation. 3m + 9 = 7 − 5m m=___________   Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code “Newclient”

 

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