Answer:
present value = $7296.14
Explanation:
given data
future value = $34,000
time t = 20 year
rate r = 8% = 0.08
solution
we apply here future value formula for get present value that is
future value = present value × 
.....................1
put her value and we get
$34,000 = present value × 
present value = 
present value = 
present value = $7296.14
house remodeling- this job takes an artistic person to be able to envision how to make a home look better and what all it would take to insert their vision in the home they are remodeling
Answer:
The investment in stock H will be $104837.5 while the investment in stock L will be $145162.5
Explanation:
The portfolio return is the weighted average return of the individual stocks that form up the portfolio. The weightage of each stock in the portfolio is the investment in a stock as a proportion of investment in the portfolio.
Let x be the weightage of Stock H.
Weightage of Stock L will be (1-x).
Portfolio return = wH * rH + wL * rL
Plugging in the values,
0.111 = x * 0.129 + (1-x) * 0.098
0.111 = 0.129x + 0.098 - 0.098x
0.111- 0.098 = 0.031x
0.013 / 0.031 = x
x = 0.41935 or 41.935% rounded off to 3 decimal places
(1-x) = 1 - 0.41935 = 0.58065 or 58.065%
Investment in Stock H = 250000 * 41.935% = $104837.5
Investment in Stock L = 250000 * 58.065% = $145162.5
Answer:
910.18
Explanation:
After Chin's down payment the amount borrowed is ...
(1 - 20%)($180,000) = 0.80·$180,000 = $144,000
The amount of the payment is given by the amortization formula ...
A = P(r/n)/(1 -(1 +r/n)^(-nt))
for P borrowed at rate r for t years, compounded n times per year.
A = 144000(0.065/12)/(1 -(1 +.065/12)^(-12·30)) = 910.18
The monthly loan payments will be 910.18.
