Answer:
I prepared an amortization schedule using excel. You will need to make 48 monthly payments of $371.24
Its probably C. The other answers are highly unlikely.
Answer:
(A) 8.22%
(B) 7.5%
Explanation:
The first step is to calculate the average nominal return
Average nominal return= R1 + R2 + R3 + R4 + R5/5
= 16 +(-5) + 19 + 13 + 10/5
= 16-5+19+13+10/5
= 53/5
= 10.6%
(A) The average real return can be calculated as follows
= (1 + average nominal return)/(1+ inflation) -1
= (1+ 10.6/100)/(1+2.2/100) -1
= (1+0.106)/(1+0.022)-1
= 1.106/1.022-1
= 1.08219-1
= 0.08219 × 100
= 8.22%
(B) The average nominal risk premium can be calculated as follows
Average risk free rate= Nominal average t-Bill rate-inflation
= 5.3% - 2.2%
= 3.10%
Average nominal risk premium= average nominal return -average risk free rate
= 10.6% - 3.10%
= 7.5%
Answer / Explanation:
Kindly note that the question is incomplete. However, kindly find the complete question below and the answer.
Complete Question
Water is flowing in a trapezoidal channel at a rate of Q=20m³/s . The critical depth y for such a channel must satisfy the equation:
0 = 1 − Q² / gA³c . B Where g= 9.81m /s² and Ac = the cross-section area can be related to depth y by B = 3+y and Ac = 3y+y²/2. Solve for the critical depth using (a). the graphical method,
Answer:
Given the equation,
0 = 1 − Q² / gA³c. B
Now substituting the given value g= 9.81m /s² , Q =20m³/s, B = 3+y, and Ac = 3y+y²/2,
We get:
0 = 1 - 20² / (9.81) ( 3y + y²/2)³ (3+y)
Hence we choose f(y) = 1 - 40.7747 / (3y + y²/2)³ . (3 + y) and solve for f(y) = 0
Therefore,
To solve using a graph, we take twelve sample points ( starting at y = 0.25 in step of 0.25m and plot a graph using MS- Excel. Kindly find the graph below.
2) As evident from the sample point and the graph function f(y) gets close to zero at y = 1.5, hence the root of f(y) = 0 is Xr = 1.5
Answer:
Ending cash balance = $13,000
Explanation:
<em>A cash budget is statement that shows the estimated cash receipts and the estimated cash payments for a forth coming accounting period. In addition, it provides information about the expected cash balance for the period to which it relates.</em>
With help of a cash budget, a business can plan ahead for the usage of its surplus funds and how to finance its deficit cash position
Ending cash balance = Beginning cash balance + cash receipts - cash payment
= 3,000 + 50,000 - 40,000
Ending cash balance = $13,000