Answer:
2.18%
Explanation:
Effective interest rate = (1+i/m)^n - 1
i is stated as interest rate
m is the compounding frequency
Here, the compounding is quarterly and the effective interest rate is 8%
Since one year is equal to 4 quarter, the value of m is equals to 4
Effective interest rate = (1 + i/4)^4 - 1
9% = (1 + i/4)^4 - 1
0.09 + 1 = (1 + i/4)^4
(1.09)^1/4 = 1 + i/4
1 + i/4 = 1.02178
i/4 = 1.02178 - 1
i/4 = 0.2178
i/4 = 2.18%
Answer:
$1696.51
Explanation:
70% of $130 000 = $91 000; number of payments = 12 * 5 years = 60 months
; 4.5% is converted to 4.5/1200 to accommodate the monthly repayments being calculated.
Loan monthly repayment
= principal [ interest (1+ interest)^ number of payments] / [(1+interest)^number of payments - 1]
$91 000 [(4.5/1200* (1+ 4.5/1200)^ 60)] / [((1+4.5/1200)^60) - 1]
= 1696.514751
= 1696.51
Answer:
Expected rate of return on the portfolio is 8.46
Explanation:
RR: Rate of return
Stock has = 13.68, = 1.24
Risk-free asset has = 2.8, = 0
(Yield can be considered equivalent to RR here)
Let be the weight of the assets.
Portfolio's beta is given by:
Beta = = 0.65
=>
=> = 0.52
=> = 1 - 0.52 = 0.48
Rate of return of the portfolio is given by
RR= = (0.52 * 13.68) + (0.48 * 2.8) = 8.46
Answer:
A limited liability company (LLC) is a business structure for private companies. in the United States, one that combines aspects of partnerships. ... All partners in a general partnership are responsible for the business and are subject to unlimited liability for business debts.
Explanation:
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