Answer:
A. Enter one of your purchase goals.
Goal: I will buy a laptop after I graduate high school to start writing books.
B. How much does this cost?
Cost: $999.00
C. How much money do you currently have saved?
Money currently saved: $270.00
D. How much more do you need to reach you goal?
Money needed to reach goal: $730.00
E. List some steps you can take this year to help you save toward this goal.
After I graduate from high school I would get a job to start saving money.
F. List some steps you can take next year to save toward this goal.
Next year I will deposit $50 per month into my savings account to reach my goal.
Explanation:
Answer:
4.5%
Explanation:
Stock R (Beta) = 1.5
Stock S (Beta) = 0.75
Expected rate of return on an average stock (Rm)= 10%
Risk free rate (Rf) = 4%
Required Return (Re) = Rf +(Rm-Rf) B
Required Return = 0.04 + (0.10-0.04) B
Required Return = 0.04 + 0.06B
Stock R = 0.04 + (0.06 * 1.50)
Stock R = 0.04 + 0.09
Stock R = 0.13
Stock R = 13%
Stock S = 0.04 + (0.06 * 0.75)
Stock S = 0.04 + 0.045
Stock S = 0.085
Stock S = 8.5%
Here, the more risky stock is R and less risky stock is S. Since, R has more beta than the Stock S.
= 13% - 8.5%
= 4.5%
Answer: d. both Iris and Daphne will want to purchase Joss's services but Joss will not be willing to undertake the job.
Explanation:
Iris will want Joss's services but they will be unable to afford them as Iris is only willing to pay $500 whereas Joss wants $1,200 for the job.
The same goes for Daphne who is only willing to pay $800.
Both of them will therefore want to hire Joss but will be unable to.
Joss could however charge both of them their willingness to pay and then sum the cash up and give them both the research whilst still making a profit.
Answer: See explanation
Explanation:
Based on the information provided in the question, the deficit in the 3rd year of college will be: = $32,150
The total debt that one owes in the 3rf year will then be the addition of the debts from the 1st to the 3rd year and this will be:
= $31,300 + $31,900 + $32,150
= $63,232
