. Find the ratio of tenured faculty to the non-tenured faculty members for the given data: tenured = 356; non-tenured 138. Formula: ratio = f1/f2 where f1 is the number of cases in the first category and f2 is the number of cases in the second category. 2. Given: Find the interest deducted in advance and the proceeds of a P90,000.00 bank discount note with an interest rate in advance of 18% per annum, and a term of June 4, 2011 to March 3, 2012. 3. The maturity value of a 3- month loan of Php5000 is Php6500. What is the simple interest rate computed monthly?

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
icon
Related questions
Question

1. Find the ratio of tenured faculty to the non-tenured faculty members for the given data: tenured = 356; non-tenured 138. Formula: ratio = f1/f2 where f1 is the number of cases in the first category and f2 is the number of cases in the second category.

2. Given: Find the interest deducted in advance and the proceeds of a P90,000.00 bank discount note with an interest rate in advance of 18% per annum, and a term of June 4, 2011 to March 3, 2012.

3. The maturity value of a 3- month loan of Php5000 is Php6500. What is the simple interest rate computed monthly?

Expert Solution
steps

Step by step

Solved in 4 steps

Blurred answer
Similar questions
Recommended textbooks for you
Essentials Of Investments
Essentials Of Investments
Finance
ISBN:
9781260013924
Author:
Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:
Mcgraw-hill Education,
FUNDAMENTALS OF CORPORATE FINANCE
FUNDAMENTALS OF CORPORATE FINANCE
Finance
ISBN:
9781260013962
Author:
BREALEY
Publisher:
RENT MCG
Financial Management: Theory & Practice
Financial Management: Theory & Practice
Finance
ISBN:
9781337909730
Author:
Brigham
Publisher:
Cengage
Foundations Of Finance
Foundations Of Finance
Finance
ISBN:
9780134897264
Author:
KEOWN, Arthur J., Martin, John D., PETTY, J. William
Publisher:
Pearson,
Fundamentals of Financial Management (MindTap Cou…
Fundamentals of Financial Management (MindTap Cou…
Finance
ISBN:
9781337395250
Author:
Eugene F. Brigham, Joel F. Houston
Publisher:
Cengage Learning
Corporate Finance (The Mcgraw-hill/Irwin Series i…
Corporate Finance (The Mcgraw-hill/Irwin Series i…
Finance
ISBN:
9780077861759
Author:
Stephen A. Ross Franco Modigliani Professor of Financial Economics Professor, Randolph W Westerfield Robert R. Dockson Deans Chair in Bus. Admin., Jeffrey Jaffe, Bradford D Jordan Professor
Publisher:
McGraw-Hill Education