Answer:
y = - 0.681 % ≈ -0.7 %
Step-by-step explanation:
Given:
April 19,1998 October 30, 1998
Value immediately prior to deposit 95 105
Deposit 2X X
amount in the account on January 1, 1999 = 115
effective dollar weighted yield = 0%
annual effective time weighted yield = y
To find:
Calculate y
Solution:
Given that the dollar weighted return is 0%
100 is deposited into investment account on January 1, 1998. So, add 100 to the deposits 2X X
100 + 2x + x = 115
3x = 115 - 100
3x = 15
x = 15/3
x = 5
Compute y
1 + y = (95/100)(105/105)(115/110)
1 + y = 0.95 * 1 * 1.045
1 + y = 0.99318
y = 0.99318 - 1
y = - 0.0068 * 100
y = - 0.681 % ≈ -0.7 %
y = -0.7 %
Loan amount = 268 000 dollars
Interest = 6.34% annual percentage interest.
Loan will be for 30 years
=> 268 000 * .0634 = 18132.4 dollars for annual
=> 18132.4 dollars * 30 years = 543972 dollars
=> 543972 + 268 000 = 811972
Answer:
<em>A guideline is a statement by which to determine a course of action. A guideline aims to streamline particular processes according to a set routine or sound practice. </em>
<em>15.05 ÷ 7 = $2.15 per gallon</em>
<em>--</em>
<em>2.15 x 4 = $8.60</em>
<em>--</em>
<em>jamal can buy 4 gallons of gas</em>
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<span> 303.6 that is your anser</span>