The following chart shows the results of a survey of the status of subprime home mortgages in Texas in a certain year. Mortgage Status Current Past Due In Foreclosure Repossessed Frequency 134 62 Past Due In Foreclosure Repossessed 3 1 (The four categories are mutually exclusive; for instance, "Past Due" refers to a mortgage whose payment status is past due but is not in foreclosure, and "In Foreclosure" refers to a mortgage in the process of being foreclosed but not yet repossessed.) (a) Find the relative frequency distribution for the experiment of randomly selecting a subprime mortgage in Texas and determining its status. Current (h) What is the relative frequency that a randomly selected subprime mortgage in Texas was not current? HINT [See Example 21

Determine whether the following situation is an example of stocks or bonds. c. Investors are guaranteed interest payment and a return of their money at the maturity date O Bonds O Stocks

Illu.16 : On 31st Lecember, 2003 Andhra Traders Lid, shored in thei accouts the following balances : Rs. 1.50.000 Debenture Redemption Fund Debenture Redemption Fund Investments 1.50,000 5% Debentures 150,000 On 1st March, 2004, the Company sold the investments for Rs.150,500 and the debentures were paid off. Prepare (a) Debenture A/e (b) Debenture Redemption Fud a/c (c) Debenture Redemption Fund Investment a/e. CS Scanned with CamScanner

any remaining debt at a specified time Regular Payment Outstanding Balance Loan Mortgage SLIDESMANIA COM

Suppose a computer software developer for a certain company purchased a computer system for $75,000 on April 27, 2017. The computer system is used for business 100% of the time. The accountant for the company elected to take a $20,000 Section 179 deduction, and the asset qualified for a special depreciation allowance. What was the basis for depreciation (in $) of the computer system? (See Table 17-4.) What was the amount (in $) of the first year's depreciation using MACRS? (See Table 17-1 and Table 17-2)

The following are the annual premiums charged by the Life Insurance Corporation of India for a policy of $1,000. Calculate the premium payable at the age of 26. Age in years 20 25 30 35 40 Premium ( $) 23 26 30 25 42

Consider the following chart, which shows Bitcoin values during October 1, 2020-October 1, 2021.+ Bitcoin 70,000 60,000 50,000 40,000 30,000 20,000 10,000 0 1-Oct-20 Date 1-Nov-20 13,800 Price ($) Date 29,000 19,400 Price ($) Date Marked are the following points on the chart. 1-Dec-20 ܐ 1-Jan-21 1-Feb-21 45,700 32,500 1-Oct-21 61,400 13,800 19,400 58,900 1-Mar-21 32,600 1-Apr-21 1-Jun-21 58,900 52,100 1-May-21 1-Jul-21 1-Jun-21 47,000 41,500 1-Oct-20 1-Nov-20 1-Dec-20 1-Jan-21 1-Feb-21 1-Mar-21 29,000 32,500 45,700 58,900 1-Apr-21 1-May-21 1-Jul-21 1-Aug-21 1-Sep-21 32,600 52,100 58,900 41,500 47,000 43,400 43,400 1-Sep-21 61,400 1-Aug-21 1-Oct-21 Price ($) Calculate to the nearest 0.01% your annual percentage return (assuming monthly compounding) if you had bought Bitcoin on December 1, 2020 and then sold it on June 1, 2021.

The liabilities of Organic Foods are made up of $60,000 in notes payable as of its December 31 year-end. For those notes payable, $3,000 is due within the next year. Prepare the liabilities section of Organic Foods's December 31 year-end balance sheet. ORGANIC FOODS Liabilities Section of Balance Sheet December 31 Current liabilities Long-term liabilities Total liabilities

Suppose your VISA card calculates interest using the average daily balance method, and the monthly interest rate is 2.05%. The itemized billing for the month of April is shown below. Detail Date Amount Unpaid balance April 1 1040 Charge April 3 1160 Charge April 11 725 Charge April 15 350 Payment received April 28 110 Last day of billing period April 30   Payment due date May 7   (a) Find the average daily balance. $(b) Find the interest due for this month. $(c) Find the total balance owed on the last day of the billing period. $(d) This credit card requires a $20 minimum payment or 1/36 of the amount due, whichever is higher. What is the minimum monthly payment due for this month? $

.Two special discrete 20-year endowment insurance policies on (30) are issued. One policy provides $100,000 for death during the deferral period plus $80,000 upon attainment of age 50, and costs $30,449. The other policy provides $80,000 for death during the deferral period plus $100,000 upon attainment of age 50, and costs $37,770. Assuming the same mortality profile and interest rate environment, how much would a $120,000 discrete 20-year endowment insurance on (30) cost?