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OlgaM077 [116]
3 years ago
7

Ramos is an aggressive investor and likes to win at everything. He knows that it is impossible to win or beat the averages all o

f the time, but he wants to try! Given his attitude, Ramos should select what type of investment if his number one goal is to beat the market?
a) Actively managed mutual fund.
b) Index-based ETF.
c) Index mutual fund.
d) Bond index ETF.
Business
1 answer:
Kamila [148]3 years ago
3 0
The correct answer would be index mutual fund
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Elliston company accepted credit card payments for $10,000 of services provided to customers. the credit card company charges a
Nastasia [14]

To solve this question, take 3% of $10,000 to see what the increase would be:

$10,000 x 3% = $300

There is an increase of $300 due to the 3% credit card processing fee that the credit card company is imposing on Elliston.

8 0
3 years ago
A small publishing company is planning to publish a new book. The production costs will include one-time fixed costs (such as ed
patriot [66]

The number of books that will be produced such that the costs from the two methods be the same is 4668 units.

From the complete question, the total cost of the first equation will be:

= 8.25x + 65054

The total cost for the second equation will be:

= 19.50x + 12539

Then, we'll equate both equations together and this will be:

8.25x + 65054 = 19.50x + 12539

Collect like terms

19.50x - 8.25x = 65054 - 12539

11.25x = 52515

Divide both side by 11.25

11.25x/11.25 = 52515/11.25

x = 4668 units.

Therefore, the breakeven unit will be 4668 units.

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brainly.com/question/25265523

5 0
3 years ago
Read 2 more answers
A NASDAQ security is bid at $30.25 and offered at $30.75. An over-the-counter trader effects a trade at $30.75 and charges a com
Angelina_Jolie [31]

Answer:

$30.75

Explanation:

Given that

Security bidding = $30.25

Offered price = $30.75

over the counter trading = $30.75

Commission charged = $0.50

based on the above information, the price that shows on the tape is equivalent to the over the counter trading price i.e $30.75 also it does not include the commission charged i.e $0.50

Hence, the price is $30.75

6 0
3 years ago
Bob and Alice want to remodel their bathroom in 4 years. They estimate the job will cost $35,000. How much must they invest now
geniusboy [140]

Answer:

Bob and Alice want to remodel their bathroom in 4 years. They estimate the job will cost $35,000. How much must they invest now at an annual interest rate of 4% compounded quarterly to achieve their goal?

we need to use the present value formula:

present value = future value / (1 + interest rate)ⁿ = $35,000 / (1 + 1%)¹⁶ = <u>$29,848.74</u>

The Morenos invest $9000 in an account that grows to $11,000 in 4 years. What is the annual interest rate r if interest is compounded

a. Quarterly

$9,000 = $11,000 / (1 + r)¹⁶

(1 + r)¹⁶ = $11,000 / $9,000 = 1.2222

¹⁶√(1 + r) = ¹⁶√1.2222

1 + r = 1.01262

r = 0.01262 = 1.26% ⇒ quarterly interest rate

annual interest rate = 1.26% x 4 = 5.048%

b. Continuously

future value = present value x eᵃⁿ

  • future value = $11,000
  • present value = $9,000
  • e = 2.718
  • a = interest rate ???
  • n = 4 years

$11,000 = $9,000 x 2.718⁴ⁿ

2.718⁴ⁿ = $9,000 / $11,000 = 0.818181818

⁴√2.718⁴ⁿ  =  ⁴√0.818181818

2.718ⁿ = 0.95107

nlog2.718 = log0.95107

n 0.434249452 = -0.021787543

n = -0.021787543 / 0.434249452 = -0.05017, since n must be positive, then

n = 0.05017 = 5.017%

<u>D) a. 5.048%    b. 5.017%</u>

6 0
3 years ago
8. You need a particular piece of equipment for your production process. An equipment-leasing company has offered to lease the e
elena-14-01-66 [18.8K]

Answer:

Find attached question containing the cash flows under the purchasing option,note that the discount rate in the attached is 7.1% but the main question has 6.9%,hence  I would make use of 6.9%

The present value of leasing option is lower,hence it is preferred.

Explanation:

The cash flows under the purchasing option is $39,200 now and $2000 each year for 5 years.

In determining the better of the two options we determine the present value of each option as follows:

leasing option=$10,100/(1+6.9%)^1+$10,100/(1+6.9%)^2+$10,100/(1+6.9%)^3+$10,100/(1+6.9%)^4+$10,100/(1+6.9%)^5=$ 41,523.11  

Purchase option=$39,200+$2000/(1+6.9%)^1+$2000/(1+6.9%)^2+$2000/(1+6.9%)^3+$2000/(1+6.9%)^4+$2000/(1+6.9%)^5=$ 47,422.40  

Download xlsx
8 0
3 years ago
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