4. At the end of one day a clearing house member is long 100 contracts, and the settlement price is $50,000 per contract. The original margin is $2,000 per contract. On the following day the member becomes responsible for clearing an additional 20 long contracts, entered into at a price of $51,000 per contract. The settlement price at the end of this day is $50,200. How much does the member have to add to its margin account with the exchange clearing house? +

Q: Suppose you are playing soccer and run head-on into the goalie. As a result of the collision you…

A: Total bill of hospital = $5280 According to the payment structure of health insurance policy, we…

Q: Home insurance policies may cover jewelry for $1,000 and silverware for $2,500 unless these items…

A: Insurancecoverforjewellery=$1,000Insurancecoverforsilverware=$2,500Totalinsurancecoverage=$1,000+$2,…

Q: 5. Margo borrows $900 and must pay it back with 6% interest after 7 months. What is the total amount…

A: Margo borrows $900 and pay it back with 6% interest after 7 months.

Q: Sharon's rent is $800 per month. Since she could not pay this month's rent when due, her landlord…

A:

Q: a contract requires payments of $1700 in 50 and 100 day with simple intrest at 6%. what is the value…

A: We'll use the present value formula: Present Value (PV) = Future Value (FV) / (1 + Interest Rate *…

Q: A man gets an invoice for ​$460 with terms 4​/10, ​1/15, ​n/29. How much would he pay 26 days after…

A: solution-:Invoice amount: $460Term 4/10= 4% discount if paid early within the first 10 days of the…

Q: Calculate the total cost of interest for both mortgage options. How much does the buyers have an…

A:

Q: Suppose that you decide to borrow $17,000 for a new car. You can select one of the following loans,…

A:

Q: Your credit card has a balance of $3200 and an annual interest rate of 16%. You decide to pay off…

A:

Q: On January​ 20, Metropolitan Inc., sold 9 million shares of stock in an SEO. The market price of…

A:

Q: The price of a home is $220,000, financed at 7% with a 30 year fixed rate. 20% down and 3 points…

A: The down payment is = Price of Home × percentage of down payment = $( 220,000 × 20%)…

Q: 1. A company can lease a set of 50 iPads for $650/month, with an up-front payment of $1000. What…

A: It is given that, a company lease a set of 50 ipads for $650/month.

Q: A lender requires a minimum down payment of 12% of the value of the home. You have $29,000 cash…

A: The lender requires a minimum down payment of 12% of the value of the home. Let x be the maximum…

Q: The new car costs ​$28,000 and can be financed with a three​-year loan at 6.72​%.  A​ three-year old…

A: The monthly payment can be obtained using the formula PMT=Prn1-1+rn-nY where  P is the principle…

Q: The price of a home is $140,000. The bank requires a 15% down payment. The buyer is offered two…

A:

Q: If your credit card balance is $ 410.35, what would be the minimum payment on your bill if you are…

A: Money owed  =  $410.35    3% of this money is  =3100×410·35  =$12.3105    As 3% of $410.35 =…