Ciara has $4,300 in savings. If she deposits the money into a long-term savings account with 2.13% APY and monthly compounding, what will the accrued value of her account be in five years? Select one O a $4,777 87 Ob $4,782.77 SA 791 97

Q: ciple 26,000 , 10 years, 5% , interest compound amount annually, compound amount _, compound

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Q: You borrow the following amount today. The bank gives you a payment holiday of 3 years (that means…

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A: Sales = $770,000 Expenses = $330,000 Dividend paid = $265,000 Opening retained earnings = $160,000

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A: It can be calculated using =NPER(rate,pmt,pv,[fv],[type]) Rate The interest rate for the loan. Nper…

Q: The NXP fund has an expected return of 4.50%, with volatility 33.00%. The risk free rate is 1.00%,…

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Q: A bond, paying semi-annual coupons of 3% per annum, matures in 7 months time. The interest rate…

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Q: On 1 June, shares in Blue.com traded at $61.25. Your broker allowed you to buy the shares on margin…

A: Percentage of return = Total return / Initial price of shares

Q: If the Federal Reserve sells more Treasury securities, money supply goes up.  True  False

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Q: (5) At a certain rate of compound interest an investment of P 100,000 will grow to P 150,000 at the…

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Q: The following loan is a simple interest amortized loan with monthly payments. $155,000, 9%, 30 years…

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Q: When fed funds rate goes up, money supply goes up, too.  True  False

A: There is an inverse relationship between fed funds interest rate and money supply.

Q: You have compiled the following information on Winslow, Inc.: 2019 2020 Assets Cash $ 298 $ 306…

A: cash flow to creditors for 2020 = Interest paid - Net new borrowings

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Q: plz solve both parts within 30-40 mins I'll give you multiple upvote

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Q: On 1 June, shares in Blue.com traded at $40.82. Your broker allowed you to buy the shares on margin…

A: Given: Purchase price = $40.82 Closing price = $37.40 Initial margin = 60%

Q: Value = $325,000 Current balance = $245,580 Current payment = $1,890 Taxes = $205 Homeowners…

A: As per the given information: Value = $325,000Current balance = $245,580Current payment =…

Q: A general decline in prices also decreases the value of money.  True  False

A: Value of money means what one unit or one level of currency can buy.   Prices means the amount which…

Q: I got this example to calculate the value of a zero-coupon bond. It is solved. However, my question…

A: Solution:- Zero coupon bond is a bond which is issued at a price less than the par value of bond and…

Q: Jackson borrowe $25,00 10, 2011. He repaid $8,000 on November 1, 2011, $5,350 on December 15, 2011,…

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Cost of Credit

The cost of credit is an extra amount that the borrower has to pay besides the loan amount. These credit charges may vary from loan to loan. The cost of credit includes interest charges, maintenance charges, and arrangement charges. Some of the costs are mandatorily collected by the lender based on the loan amount and tenure of the loan. The cost of credit is also called finance charges of the credit.