Simple Interest: You borrow $2,000 for car repairs. The interest rate is 5%, and you will pay it in full one year later
Simple Interest: You borrow $2,000 for car repairs. The interest rate is 5%, and you will pay it in full one year later
Assume a company pays out $100 in dividends in Year 1. Dividends increase by 10% a year for 4 years and thereafter stay constant. What is the total amount of dividends paid out (rounded to the nearest...
A) How much to repay over the life of the loan? B) How much to pay in interest over the course of the loan?
You are 60 year old, currently, you have $10,000 invested in a lump-sum distribution of $50,000 from a pension plan, which you roll over into an IRA, you continue to make $2,000 annual payments to...
Bob and Barbara are 55 and 50 year old, Bob annually contributes $1,500 to Barbara's IRA. They plan to make contributions until Bob retires at age 65 and then to leave the funds in as long as...
Show that for a European put on a stock which pays continuous dividends, P(S,t)=Ker(T-t)N(-d*2)-Se-q (T-t)N(-d*1). Here d*1 and d*2 are the usual...
Question: Say you travel an average of 150km per week at the average fuel for November. Use the cars fuel efficiency to calculate how much it will cost you per week to put petrol in...
Please step by step instructions. Solve the problem. The half-life of silicon-32 is 710 years. If 100 grams is present now, how much will be present in 600 years? (Round your answer to...