Answer:
Pike owes $1200 in taxes is she the purchase $16,000 in Oregon and owes $820 in transactions if she purchase $16,000 in Oergon.
Explanation:
Re call that the total tax is the rate tax time the purchase amount.
T= R * P
Then the use tax that Pike owe to California for the purchase of $16,000 in Oregon Tc taking a rate of 7.5 percent is:
Tc = 0.075 * $16,000 = $ 1,200
The use tax that Pike owe to California for the purchase of $16,000 in New Mexicon Tn dont take into account the sales but the transaction rate of 5.125 percent:
Tn = 0.05125 * $16,000 = $820
Answer:
<u>Monthly housing payment 2,033.22</u>
Explanation:
We need to calculate the monthly cuota of the mortgage
It will be the cuota of a 30 year annuity at 7.5 rate
We should convert the year in month and the rate in monthly, because the payment are monthly.
time= 30 year so 30 x 12 = 360 months
rate = 0.075 / 12 = 0.00625 monthly
Present Value = 225,000
C = $1,573.23
Now we will calculate the propert taxes, insurance per month
2,050 / 12 = 170.83
530 / 12 = 44.16
1,573.23 + 170.83 + 44.16 + 245 = 2,033.22
Answer:
the differences that exist between these two contracts is that, term contracts are not publicly traded and instead futures contracts are standardized financial derivatives
Answer:
The term “free market” is sometimes used as a synonym for laissez-faire capitalism. When most people discuss the “free market,” they mean an economy with unobstructed competition and only private transactions between buyers and sellers.
hope this helps
Answer:
The Sharpe ratio of the best feasible CAL is 0.3167.
Explanation:
Note: This question is not complete as some data are omitted. The complete qustion is therefore provided before answering the question. See attached pdf file for the complete question.
Risk-free rate = Sure rate of the T-bill money market fund = 4.6%, or 0.046
Sharpe ratio of a fund = (Expected return - Risk-free rate) / Standard Deviation …………. (1)
Using equation (1), we have:
Sharpe ratio of Stock fund = (16% - 4.6%) / 36% = 0.3167
Sharpe ratio of Bond fund = (7% - 4.6%) / 30% = 0.08
Since Sharpe Ratio of Stock Fund (S) is higher than Sharpe Ratio of Bond Fund (B), this implies that the best option is to invest in Stock Fund (S).
Therefore, the Sharpe ratio of the best feasible CAL is 0.3167.