A 15-year bond issue of 5,600,000 and bearing interest at 3.5% payable annually is sold to yield 3.1% compounded quarterly. What is the issue price of the bonds?

Q: A financial adviser recommends a client deposit $1500 in a fund that earns 9.5% annual interest…

A: To find the interest rate per month

Q: an insurance settlement of 750,000 must replace an injured workers income for the next 40 years.…

A: Given that, The insurance settlement amount, P=750,000. The rate of interest, r=6.2%. The time…

Q: A loan of $14400 is to be repaid in end of quarter payments of $600. How many payments are required…

A: *** This is the problem related to financial mathematics and we are advanced math expert and have…

Q: What size payments should occur when $8,000 is borrowed at 8% per year compounded quarterly and the…

A: Given: The present value of the loan, PV=$ 8,000           Number of payment periods, n=8…

Q: To buy a house in Auckland, Mr Lim took a loan of $500 000 from a bank which chargers compound…

A: Loan Amount  = P0 = $500,000 Interest Rate , r  = 0.013 Loan term = n = 10 years The CI is…

Q: Find what simple interest rate will be necessary for Sonny to get a 40% return on a $500 investment…

A:

Q: An investment account pays 4.8% compounded monthly. What equal monthly deposits should be made into…

A: An investment account pays 4.8% compounded monthly. What equal monthly deposits should be made into…

Q: You began saving for retirement at age 25 by contributing $550 per month at an APR of 6% compounded…

A: You are depositing $550 per month You deposits a total of 40 years.

Q: Marcelo invested $66,100 in a mutual fund at 4.2% compounded annually. After 4 years, the interest…

A:

Q: A contractor borrows $1,000 at 11.8% interest rate per annum to buy material for a job. The debt is…

A: Compound Interest Formulawhere A is the final amount after time t P is the initial investment R is…

Q: A person deposits $300 on the last day of each quarter into a savings account that pays 9​%…

A:

Q: If an interest rate of 5% results in interest of $50, what is the principal amount of the loan?

A:

Q: You want to purchase a bond that has a face value of $40,000

A: Given, Face value of the bond: F=40000 Quarterly interest payment: I=40000×8100×14=100×8I=800 Yield…

Q: You borrow $2,000 from Gougo's , a well-known loan consolidation outfit . The loan is an…

A:

Q: The owner of Sebastopol Tree Farm deposits $450 at the end of each quarter into an account paying 7%…

A:

Q: What is the annual effective interest rate of a loan that is the compounded daily, if the nominal…

A: We know,  effective interest rate = nominal interest ratenumber of compounding period in a year…

Q: Find the present value of 9,000 at a simple interest rate of 7% in 18 years?

A:

Q: Suppose you obtain a $5000 Treasury Note with a 3% annual rate, paid quarterly, with a maturity in 2…

A: See the attachment

Q: Henry is going to retire in 22 years and would like to invest $50,000 now into his retirement…

A: Compounded Monthly formula :

Q: Find the maturity value and amount of interest earned on a investment of $900 invested for 3 years…

A: We have direct formula for compound interest formula

Q: Laurie took out a business loan of $82,000 earning an annual interest of 8.2% compounded quarterly.…

A: We have to find how much Laurie need to pay towards the loan every quarter in order to pay off the…

Q: John deposits $2,000 into a CD that guarantees a 5.8% annual interest rate, compounded yearly. How…

A: Initial deposite= P= 2000 Final amount=A=? Time=t= 4 years  Interest rate = 5.8%=0.058  Number of…

Q: If a bank offer you a fixed term deposit investment with 6.5% a year compounding quarterly interest…

A: