Answer:
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Explanation:
Use the formula for compound interest, with <em>semiannual</em> compound interest rate.
For<em> semiannual </em>compound interest the number of periods, n, in a year is 2.
APR is the annual percentage rate, which is 6% in this problem. So, APR is 6%/2 = 0.06/2 = 0.03
Then, substitute in the formula with:
- Future value: $50,000
- APR/n = 0.03
- n × t = 2 × 8 = 16
Round to the nearest dollar: $31,158.
Answer:
$32 billion
Explanation:
Data provided in the question:
Year Budget deficit
1 0
2 $40 billion
3 -$10 billion [negative sign depicts surplus]
4 $2 billion
Now,
The absolute size of its public debt in year 4
= $40 billion - $10 billion + $2 billion
= $32 billion
Hence,
The absolute size of its public debt in year 4 is $32 billion
721-749 is a good credit score. But 721 and up is good
Answer:
1.1265
Explanation:
The computation of the portfolio beta is shown below:
= Stock Q portfolio percentage × beta of Stock Q + Stock R portfolio percentage × beta of Stock R + Stock S portfolio percentage × beta of Stock S + Stock T portfolio percentage × beta of Stock Q
= 0.25 × 1.28 + 0.25 × 0.45 + 0.15 × 1.78 + 0.35 × 1.22
= 0.32 + 0.1125 + 0.267 + 0.427
= 1.1265