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fgiga [73]
3 years ago
10

XYZ just deposited $3,700 in an account that will earn 7.1 percent per year in compound interest for 9 years. If Svetlana deposi

ts $4,000 in an account in 3 years that earns simple interest, then how much simple interest per year must Svetlana earn to have the same amount of money in 9 years from today as XYZ will have in 9 years from today
Business
1 answer:
solong [7]3 years ago
3 0

Answer:

11.92%

Explanation:

The computation of the simple interest per year is shown below:

Future value would be

= Deposited Amount × (1 + rate of interest)^years

= $3,700 × (1 + 7.1%)^9

= $6,859.73

Now the simple interest is

= (Future value ÷ deposit) - 1 ÷ number of year

= ($6,859.73 ÷ $4,000)  - 1 ÷ 9

= 0.71493 ÷ 9

= 11.92%

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Suppose the rate of return on short-term government securities (perceived to be risk-free) is about 5%. Suppose also that the ex
Natalka [10]

Answer:

The expected rate of return on the market portfolio is 14%.

Explanation:

The expected rate of return on the market portfolio can be calculated using the following capital asset pricing model (CAPM) formula:

Er = Rf + B[E(Rm) - Rf] ...................... (1)

Where:

Er = Expected rate of return on the market portfolio = ?

Rf = Risk-free rate = 5%

B = Beta = 1

E(Rm) = Market expected rate of return = 14%

Substituting the values into equation (1), we have:

Er = 5 + 1[14 - 5]

Er = 5 + 1[9]

Er = 5 + 9

Er = 14%

Therefore, the expected rate of return on the market portfolio is 14%.

7 0
3 years ago
A lender checking Jason's credit score for an auto loan would likely notice that...
TiliK225 [7]

When a lender checks the credit score of Jason for an auto loan, they would most likely notice that <u>b. He </u><u>paid off </u><u>a</u><u> car loan </u><u>after making</u><u> every payment</u><u> for 4 years. </u>

Lenders checking credit scores:

  • Usually pay more attention to related loans
  • Only bother with the credit score of the person in question not their relatives

The loan is for a car or an automobile of some sort so the lender will be looking for related loans in Jason's history. They will therefore most likely notice the car loan that was paid off.

In conclusion, a lender for an auto loan will most likely notice an auto loan history.

Options for this question include:

a. His savings account has more than $3000 in it

b. He paid off a car loan after making every payment for 4 years

c. When he stopped paying his credit card for 3 months 9 years ago

d. The credit scores of his family, including his parents and his wife if he is married

<em>Find out more at brainly.com/question/14805575. </em>

3 0
3 years ago
In a traditional economy decisions are based largely on
Luden [163]
Custom

Hope this helps ;)
5 0
3 years ago
Which of the following statements is true of copyright? There are different copyright rules for pre and post 1978 works. Congres
Lera25 [3.4K]

Answer:

Correct option is (a), Different copyright rules for pre and post 1978 works

Explanation:

Copyright is a right given exclusively a person who has created a new work and reproduce it for a stipulated time. It is granted for a stipulated time period.

For all creations after 1978, copyright is granted for the years that the creator live and seventy years after his life.

For creations before 1978, that were not published, same rules are applicable as of post 1978 period. However, for works published before 1978, copyright was granted for total 95 years that is divided between 28 years from the date of registration of work and renewed for 67 years on expiry.

So copyright rules differ for works published pre and post 1978.

8 0
3 years ago
Bundle A is strictly preferred to bundle B, and bundle B is strictly preferred to bundle C. If the utility associated with B is
Nadya [2.5K]

Answer: (63, 50, 44)

Explanation:

Utility is the satisfaction that we derive as consumers when we consume or use a certain product.

Since Bundle A is strictly preferred to bundle B, and bundle B is strictly preferred to bundle C, it means that the value of Bundle A must be more than B and C while that of Bundle B must be more than bundle C.

Therefore, the correct option is B which is (63, 50, 44)

3 0
3 years ago
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