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two years ago, you purchased 220 shares of ibm stock for $124 a share. today, you sold your ibm stock for $142 a share. for this problem, ignore commissions that would be charged to buy and sell your ibm shares and dividends you might have received as a shareholder.
Answer:
50 Months
Explanation:
If there is no compound interest it would be 50 Months. You would divide 250,000 by 5,000 to get the months.
Answer: True
Explanation: The incremental internal rate of return is the analysis of the financial return on what investment an investor or entity can invest in when two or more competing investment opportunities are involved.
When comparing two or more alternatives, the alternative with the highest rate of return is not necessarily the alternative that maximizes profit at the minimum acceptable rate of return.
During the selection process, if the incremental rate of return is greater than or equal to the minimum acceptable rate of return, then the more costly alternative is selected and this is continued until all alternatives have been considered.
Based on Kathy's total cost of financing the home, the APR, and the period, her monthly payments would be $1,081.49.
<h3 /><h3>How much would Kathy pay per month?</h3>
Find the monthly period:
= 25 x 12
= 300 months
The monthly rate:
= 5%/12
= 5/12%
The monthly amount is:
= 185,000 / (( 1 - (1 + 5/12%)⁻³⁰⁰) / 5/12%)
= $1,081.49
Find out more on monthly loan payments at brainly.com/question/25599836.
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