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Tema [17]
3 years ago
7

Find the APR or stated rate in each of the following cases and show calculations:<?xml:namespace prefix = o ns = "urn:schemas

-microsoft-com:office:office" />
1. 10.6%-EAR , compounded semiannually
2. 11.5% EAR, compounded monthly
3. 9.2% EAR, compounded weekly
4. 12.9% EAR, compounded Infinite
Business
1 answer:
hram777 [196]3 years ago
8 0

Answer and Explanation:

The computation is shown below:

The formula is

APR = P × {(EAR + 1 )^(1 ÷ P) - 1}

1. For semi annually

= 2 × (0.106 + 1)^(1 ÷ 2) - 1}

= 10.33%

2. For monthly

= 12 × (0.115 + 1)^(1 ÷ 12) - 1}

= 10.93%

3. For weekly

= 52 × (0.092 + 1)^(1 ÷ 52) - 1}

= 8.81%

4. For infinite

= 365 × (0.129 + 1)^(1 ÷ 365) - 1}

= 12.10%

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Debra, age 51, is self-employed and has never made a lot of money. But, she has consistently saved $4632 per year into a traditi
KiRa [710]

Answer:

D. $221072.

Explanation:

In this question, we use the future value formula which is shown in the spreadsheet.  

The NPER represents the time period.

Given that,  

Present value = $0

Rate of interest = 5%

NPER = 25 years

PMT = 4,632

The formula is shown below:

= -FV(Rate;NPER;PMT;PV;type)

So, after solving this, the answer would be $221,071.92  

5 0
3 years ago
Why do individuals have rights when they are accused of criminal acts?
laila [671]
Assuming you're talking about the US justice system . . . individuals still have rights when they are accused of criminal acts because our justice system requires that each individual be innocent until proven guilty in a court of law. Until such point that they are proven guilty, they are assumed innocent, and are entitled to the same rights as you or I am, having not committed any criminal acts. . . . THEY HAVE TO BE PROVEN GUILTY FIRST BEFORE THEY LOSE ANY RIGHTS AS A CITIZEN
7 0
3 years ago
Read 2 more answers
Check all true statements regarding CMBS:
Stolb23 [73]

Answer: A and D only

Explanation:

CMBS Loan are also referred to as a Conduit Loan, this is a type of real estate loan usually commercial, which is secured by a first-position mortgage on a commercial property. These loans are usually packaged, and sold by a Conduit Lender, commercial banks, investment banks, and syndicates of banks.

Loans in a CMBS are always bigger so they are less in a CMBS deal. Sometimes it’s onlyone loan in a Single Asset (SA) CMBS deal

Prepayments are discouraged in CMBS through defeasance,prepayment penalties or yield maintenance fees.

5 0
3 years ago
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According to a survey of American households: The probability that a household owns 2 cars, if annual income is over $25,000, is
vladimir1956 [14]

Answer: 0.48

Explanation:

P(A/B) = P(AnB)/P(B) where:

P(A/B) = The probability of event A occurring given that B has occurred.

P(AnB) = The probability of both events A and B occurring.

P(B) = the probability that event B occurs.

So let

P(A) = Probability that the residents of a household own 2 cars.

P(B) = Probability that the annual household income is greater than $25,000.

The question tells us that

P(A/B) = 0.8

Note that: P(A) = 0.7, P(B) = 0.6.

Since we want to work out P(AnB), because it gives the probability that residents have an annual household income over $25,000 and own 2 cars.

We would Rearrange our initial equation to make P(AnB) the subject formula becoming;

P(A/B) = P(AnB)/P(B)

P(B)*P(A/B) = P(AnB)

So, inserting our probabilities into this equation gives:

0.6*0.8 = 0.48

8 0
3 years ago
Orders for clothing from a particular manufacturer for this year's Christmas shopping season must be placed in February. The cos
antoniya [11.8K]

Based on the concept of expected value, the units that the company should order to meet February demand is <u>57 units.</u>

<h3>What is expected value?</h3>

In mathematics under the probability distribution theory, the expected value is the weighted average of possible values of some random variables.  The weights are based on the theoretical probabilities of the variables.

<h3>Data and Calculations:</h3>

Cost per unit = $20

Selling price per unit = $50

<h3>Projected Demand</h3>

  Demand Units    Probability      Expected Demand Units

1.    50 units             40%                 20 units (50 x 40%)

2.   60 units             50%                 30 units (60 x 50%)

3.   70 units              10%                    7 units (70 x 10%)

Total expected demand units =    57 units

Thus, the expected demand in February is <u>57 units</u>.

Learn more about calculating expected values at brainly.com/question/10675141

8 0
2 years ago
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