What are the merits and demerits of reducing balance and flat rate of interest? What are the merits and demerits of fixed and floating rates of interest? Find out some merits of EMI?

Q: Completed this t:able of percemtage nterest rates. Annual rate Sbr monthly rate Quarterly rate…

A: To complete the given table :-

Q: 2. Which of the following investments would make you better off? Briefly explain your answer. (i) A…

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Q: For the given corporate bond, whose annual simple interest rate is provided, find the semiannual…

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Q: 4. Ryan has a checking account, a debit card, and online banking at Advantage Bank. If he makes 4…

A: In a year i.e. in 12 months, Ryan would have made 4 x 12 = 48 ATM transactions.  Also, he must have…

Q: The price P of a gallon of gas after t years is given by the : Po(1+ r)', where P, is the initial…

A: Given, The price P of a gallon of gas after t years is given by the equation  P = P0(1+r)t , Where…

Q: Interest has been described as a rental fee for money.  Explain why this is an appropriate…

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Q: ii) You invest $10000 in a mutual fund which grows at a certain percent every year. After 8 years…

A: The uniform rate of changing is the part of mathematics where the number is changing continuously at…

Q: True or False The amount charged for the use of principal for a given period of time is called the…

A: Consider the given statement "The amount charged for the use of principal for a given period of time…

Q: Liabilities for your project are $120,000, and assets are only $100,000.   What is the Working…

A: Working capital ratio is the ratio of assets and liabilities.

Q: True or False? When calculating compound interest, the periodic interest rate is always less than…

A: We have to explain it is true or false that the periodic interest rate is always less than the…

Q: Determine whether the following statement is true or false. Simple interest never earns more than…

A: Given The given statement is that the simple interest never earns more than compound interest.

Q: If $2000 is inve sted the cmount at the end is compaund 67 at due to of 4 years the interest, find…

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Q: 3. Capital One has a 1-year CD paying 2.40% APY. If the stated or nominal interest rate is…

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Q: 1. You take out a quick pay day loan for $2000 to cover your December rent and utilities. If the…

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Q: 6. Company Coupon Rate Annoal Interat Company 5 8.25% 7. 1098 Offer Price Net Asset Value Sales…

A: Here , P= 103 dollar  T= 1 year R= 8.25%

Q: You want to buy a $33,000 car. The company is offering a 4% interest rate for 60 months (5 years).…

A: We have to find Monthly Payment.

Q: Describe the difference between simple interest and compound interest. As an investor earning…

A: Explanation: A simple interest is the interest that strictly on the principle amount while a…

Q: Table 2: Home loan from STL. Bank Loan amount oan period in years Annual interest rate RI 250 000 20…

A: we will find total payment with the help of given formula.

Q: Straight-line DepreciationBook value is the value of an asset that a company uses to create its…

A: Given that  Cost of a car = $31,500 Depreciation per year = $4500

Q: The monthly effective rate of discount is 0.3% . Calculate the force of interest per annum which is…

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Q: . How much money will the customer have in the account after 5 years?

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Q: What is interest?

A: Interest, in finance and economics, is the payment from a borrower or deposit-taking financial…

Q: 1 For each amount given below, calculate the amount of interest paid/earned: a 1500 USD, simple…

A: Simple interest is given by,  S.I.= P*r*n/100 Where P is principal amount, r is interest rate and n…

Q: .  COVID-19 cases rose in your county from 23 to 47.  What is the percentage of increase? 2. Find…

A: 1)  COVID-19 cases rose in your county from 23 to 47.  What is the percentage of increase? solution…