25 A municipality issues bonds to fund a new school capital improvement project. The municipality wants to manage its cash flow and therefore needs the bonds to mature over a period of many years. Which type of bonds should be issued? Coupon Term Serial Unsecured 0000

Finance

Need help on three and four with full work

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4. ( Fund A earns interest at a simple rate of i% a year. $P is invested in fund A. (a) What is the accumulated value in fund A at time t years. (b) Calculate the effective rate of interest in year 1, year 2 and year 3. Solution:

17. A financial institution that obtains most of its funds from deposits is a/an: A. investment bank B. commercial bank C. unit trust D. general insurer 18. An investor is looking at a $ 150,000 home. If 30% must be put down and the balance is financed at 9% by Pashtany Bank over the next 30 years, what is the monthly mortgage payment? A. $844.85. B. $895.21. C. $965.55.

-14. Rural County is an agricultural community located hundreds of miles from any metropolitan center. The County established a Television Reception Improvement Fund to serve the public interest by constructing and operat- ing television translator stations. TV translator stations serve communities that cannot receive the signals of free over-the-air TV stations because they are too far away from a broadcasting TV station. Because of the large distances between customers, commercial cable TV providers are also not inclined to serve rural communities. The fund charges TV owners a monthly fee of $15. The fund was established on December 20, 2016, with a transfer of cash from the General Fund of $125,000. On December 31, 2016, the fund acquired land for its translator stations in the amount of $40,000. The remaining cash and the land are the only resources held by the fund at the beginning of 2017. 1. Other than beginning account balances, no entries have been made in the general ledger.…

On a loan of $1400, interest at 9% effective must be paid at the end of each year. The borrower also deposits $X at the beginning of each year into a sinking fund earning 4.7% effective. At the end of 10 years the sinking fund is exactly sufficient to pay off the loan. Calculate X.   A. $ 1617.11 B. $ 1078.07 C. $ 1347.59 D. $ 1724.92 E. $ 1232.09

Subject :

Subject -account  Please help me.  Thankyou.