An installment contract for the purchase of a car requires payments of $263.53 at the end of each month for 6 years. Interest is 9% per annum compounded monthly. (a) What is the amount financed? (b) How much is the interest cost? (a) The amount financed is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) (b) The interest is $. (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)

Q: Define standard deviation

A: It refers to the variation in the actual observations from the average. Z-Score helps to know how…

Q: 6. Determine the exponential form of the Fourier series of these signals, and draw the amplitude and…

A: Solution

Q: Excerpts from Hulkster Company's December 31, 2021 and 2020, financial statements are presented…

A: Return on assets can be calculated by dividing net income by average total assets. It indicates how…

Q: What is the measurement of the object? 0 cm 10

A: Variable in the question:Length of scale=10 cmNote for student: 10mm=1cmBetween 0 and 1cm there is…

Q: 13. Determine the median of the following set of values. Round to the nearest tenth when applicable.…

A: In a sorted list of numbers, the median is the number in the middle. Sort the numbers in value order…

Q: What is the probability of generating a random number between 0.25 and 0.85 (to 1 decimals)?

A: As per uniform density function, Probability is determined based on uniform basis.

Q: Consider the following data: x 6 7 8 9 10 P(X = x) 0.1 0.3 0.1 0.1 0.4 Step 1 of 5: Find the…

A: The objective of the question is to calculate the expected value of a random variable X. The…

Q: In Elliott Wave Analysis, a full cycle is made up of how many waves?   a. Impulse waves only   b.…

A: Elliott Wave Theory, developed by Ralph Nelson Elliott in the 1930s, is a method for analyzing and…

Q: 4. Given the probability and returns associated with each state, what is the expected return? What…

A: Calculations of expected return and standard deviation: Excel workings:

Q: The Cappalari Company wishes to determine the amount of safety stock that it should maintain for…

A: Formula: Total stock out cost = Probability of Running out of Safety Stock x Stockout cost x Number…

Q: ratios

A: Ratios play a key role in understanding a given situation. You can also distribute financials and…

Q: If two returns are positively related to each other, they will have a ________, and if they are…

A: Covariance: calculates the directional relationship between two variables.

Q: Q13. The risk associated with survivability and profitability is referred to as   a. Information…

A: The risk can be differentiated as information risk, inherent risk, relative risk and business risk.

Q: IRR is the rate at which; a.NPV is zero b.NPV is negative c.IRR = NPV d.NPV is positive

A: IRR(Internal rate of return) is the rate which equates present value of cash inflows to the present…

Q: 4. Calculate the sharpe ratio for security A. 1. 0.67 2. 0.92 3. 0.75 4. 0.18

A: Risk free rate is 7%

Q: b. Prepare a vertical analysis of the segment data. Round all percents to one decimal place and…

A: Vertical analysis is a measuring tool for analyzing and interpreting the financial statements of…

Q: Suppose we have the following values for variables X and Y: XY 06 13 20 What is the value for the…

A: Solution:Correlation coefficient measures the degree of relationship between two variables. If it is…

Q: Q10. For a general reaction A →→ B, the plot of concentration of A vs time is given in Fig. Answer…

A: (a) Order of the Reaction:Reaction Order: The order of a reaction tells us how the rate of the…

Q: Which of the following is sometimes called a currently attainable standard? O a.par b.normal…

A: In this question, we are required to determine the standard which is sometimes known as currently…

Q: Using horizontal analysis, the increases and decreases are shown as O a. amounts for the highest…

A: The horizontal analysis is a method of reviewing the financial statement of the company for multiple…

Q: Total risk is measured by _____ and systematic risk is measured by _____. Group of answer choices…

A: Risk and return are fundamental concepts that are closely intertwined. They represent the trade-off…

Q: D.e.d.u.c.t.i.o.n.s. .f.r.o.m. .G.r.o.s.s. .I.n.c.o.m.e. N.o.t.e.:. .I.n.c.o.m.e. .t.a.x.a.t.i.o.n.…

A: Gross income refers to the total income earned or received by an individual, business, or entity…

Q: With respect to an investor's utility function expressed as: U = E(r) –Ao², which of the following…

A: Utility Function = Er-12Aσ2 where A is -4, 0 and 4

Q: Suppose the gain from an investment is a normal random variable with mean 2 and standard deviation…

A: VaR=mean-Z*standard deviationLets suppose probability of value at risk is 1%Z score at 99% = 2.326

Q: A continuous random variable may assume _____.   a. only fractional values in an interval or…

A: A continuous random variable is the one which can have infinite value. It refers to the variables…

Q: Describe the differences between an index and an average.

A: In relation to stocks, index and average are ways to measure changes in the market value of group of…

Q: You are testing the null hypothesis that there is no relationship between two variables, X and Y.…

A: Step 1:a) SSDFMSFRegression80180.0072.00error20181.11 Total10019   Fstat​=72 Step 2:b)  Critical…

Q: E.x.p.l.a.i.n. .t.h.e. .3.-.y.e.a.r. .a.n.d. .t.h.e. .p.e.r.c.e.n.t.a.g.e. .o.f. .a. .I.n.c.o.m.e.…

A: A statement of financial position is a document prepared at the end of the period to check what…

Q: 1. What percent of the area under the standard normal curve is within one standard deviation of…

A: The objective of the question is to find out the percentage of the area under the standard normal…

Q: The standard deviation of return on investment a is 0.10, while the standard deviation of return on…

A: It is a case of calculation of covariance when the data of standard deviation and correlation…

Q: Mutual funds

A: A mutual fund is a type of investment vehicle that consists of a pool of different securities such…

Q: the The the expected return, the risk. higher,lower higher; higher .b. more stable; higher .C O…

A: There is a positive relationship between the amount of risk assumed and the amount of expected…

Q: Find the correlation of assets S and T if the standard deviation of S is 4 and standard deviation of…

A: Correlation is a statistic that helps in measuring the degree to which two variables move in…

Q: Variance percentage is calculated by dividing the choose your answer... by the choose your answer...

A: Variation refers to the difference i.e. the difference between the current amounts with the budgeted…

Q: Given that  the mark up is   3  /  8,  what would be  the margin? 1 /  5 1 / 11 3 / 5 3 / 11

A: Mark up is calculated on cost to get selling price.  And margin is Percentage of profit on sale.

Q: Consider two random variables X and Y. The covariance between these two variables is 1.00. We can…

A: Covariance is a statistic that indicates how closely two variables are related. When two variables…

Q: According to mean-variance rule A. The expected return of X is at least equal to the expected return…

A: As per Mean Variance Rule, For same level of return, investor choose one with lower variance and for…

Q: he variance of expected returns is equal to the square root of the expected returns. a. True b.…

A: Formula for variance:S2=∑(Xi-X̄) 2/n S2=VarianceXi=Value of one observationX̄=Mean value of all…

Loanable Funds Theory

The loanable funds theory is a neoclassical theory that determines the interest rate where the demand for loanable investments and supply of loanable funds intersect. To determine the interest rate, this theory employs linear regression and a demand curve. At the equilibrium point, demand for borrowings and demand for the issuance of borrowing funds are inextricably linked. This point of equilibrium should equalize demand and the supply of money available for borrowing.