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klasskru [66]
3 years ago
5

Suppose you make 30 annual investments in a fund that pays 3% compounded annually. If your first deposit is $6,000 and each succ

essive deposit is 3% greater than the preceding deposit, how much will be in the fund immediately after the 30th deposit
Business
2 answers:
Eva8 [605]3 years ago
8 0

Answer:

b

Explanation:

guajiro [1.7K]3 years ago
4 0

Answer:

$ 424,181.7911

Explanation:

This is the case of a growing annuity where q = 1 + i

that means he interest rate is the same as the progression in this case, both are 1.03

as the interest rate is 3% and installment increase at 3%

C \times n \times (1+i)^{n-1}

C = 6,000

n = 30

i = 0.03

Future value of the annuity: $ 424,181.7911 after 30 payment

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J Corp. common stock is priced at $36.50 per share. The company just paid its $0.50 quarterly dividend. Interest rates are 6.0%.
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Answer:

Explanation:

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European call (K) = $35

The price (P) is given by:

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The price of a 6-month, $35.00 strike put option is $1.65

5 0
3 years ago
The industry-low, industry-average, and industry-high benchmarks on pp. 6-7 of each issue of the Camera
Ainat [17]

These are worth careful scrutiny by the managers of all companies because when a company's costs for one or more of the cost benchmarks are deemed "out-of-line," managers need to initiate corrective actions in the next decision round.  only have value to the managers of companies whose costs are below the industry averages.

<h3>What do you mean by industry?</h3>

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8 0
1 year ago
Which process in service operation contributes to continual service improvement?
kaheart [24]
Having a good credit score
8 0
2 years ago
Which of the following methodologies might be most appropriate if you have a system project with: unclear requirements; very fam
Anna71 [15]

Answer:

The last option is wrong, the correct option to that question is: Extreme Programming.

And the correct answer is that option.

Explanation:

To begin with, the name of <em>"Extreme Programming"</em> refers to a specific methodology of development of software that mainly focuses in the improvement of software quality and the responsiveness to changing customers requirements. Moreover, this methodology best fits in the cases where the system project comes with unclear requirements and where there is a short time schedule due to the fact that as a type of agile software development it advocates frequent releases in short time cycles that are primarily focus on introducing checkpoints in where the requirements of the consumers who are unclear can be adopted.

5 0
3 years ago
Your portfolio has three asset classes. U.S. government​ T-bills account for 47​% of the​ portfolio, large-company stocks consti
Katena32 [7]

Answer:

Expected return of the​ portfolio = 8.57%

Explanation:

The expected return of the portfolio is the weighted average return of all assets in that portfolio, which is calculated as below:

The expected return of the portfolio = (Weight of U.S. government​ T-bills x Return of U.S. government​ T-bills) + (Weight of large-company stocks x Return of large-company stocks) +  (Weight of small-company stocks x Return of small-company stocks)

= 47% x 4.08% + 38% x 11.38% + 15% x 15.53% = 8.57%

3 0
3 years ago
Read 2 more answers
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