To compute for the rate for the year, the formula that we
will be using would be the r = I / Pt.
Where:
r = interest rate
I = interest; to solve for the interest, we know that our
principal value is $30,000 and our future value is $42,135, just deduct the $30,000
from there, and you can get the interest. $42,135 – $30,000 = $12,135
P = principal = $30,000
t = time = 3 years
r = 12,135 / (30,000) (3)
r = 12,135 / 90,000
r = 0.1348 or 13.48%
to check, use the I = Prt then just add the Principal to get
the future value
I = Prt
= 30,000 * 0.1348 * 3
= 12,135
Future value = P + I
= 30,000 + 12,135
= 42, 135
<span> </span>
If the bond's valuation is lower than the market price, you should buy it because the bond is undervalued. Additionally, the bond is overvalued and should be sold if the market price is lower than the bond price.
<h3>What is the formula for YTM?</h3>
The total rate of return that a bondholder anticipates earning if the bond is held until maturity is referred to as YTM in the context of bonds. A single Bond's YTM formula is as follows:[Annual Interest plus [(FV-Price)/Maturity]] / [(FV + Price)/2] is the yield to maturity.
<h3>What is the acronym YTM?</h3>
yield to maturity (YTM) is an estimate of a portfolio's return. It accepts that the purchaser of the security will hold it until its development date, and will reinvest each premium installment at a similar financing cost. As a result, the coupon rate is taken into account when calculating yield to maturity. The redemption yield is another name for YTM.
To learn more about YTM here
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Answer:
Explanation:
this problem can be solved thinking as a different payment the 75.47 bucause it is used for paying money which does not affect the money owed for loan, so:
Calculating the monthly rate:
First Month:
Interest=70,000*0.9%
Interest=637,87
Remaining balance=70,000 -(711,53-637.87)
Remaining balance=69,926
Second Month:
Interest=69,926*0.9%
Interest=629,33
E. The human resource department did not promote Fatima because they thought that she would not be able to travel as frequently as the job requred because she has two young children.
This action constituted a breach of the Civil Rights Act.
<span>The provisions found in the Civil Rights Act forbade discrimination on the basis of sex as well as race in hiring, promoting, and firing.
</span>
In the above scenario, the HR department discriminated Fatima based on her gender ( a female and a mother). They did not give her the chance to have equal employment opportunity.
Answer:
Return on Investment is 12%.
Explanation:
Net income = Dividend = $0.60
Current Value = $33
Original Value = #30
Formula for Return on Investment:
Return on Investment = (Net Income + (Current Value - Original Value)) / Original Value x 100
ROI = (($0.60 + ( $33 - $30 ) ) / $30 ) x 100
ROI = (($0.60 + $3 ) / $30 ) x 100
ROI = ( $3.60 / $30 ) x 100
ROI = 0.12 x 100
ROI = 12%
So Return on Investment is 12% for the given investment.