Answers

JG

Answered

Sixty-day commercial paper with face value $100,000 was issued by a company for $98,890.25. What simple interest rate of return will be realized if the investment is held until maturity?

On Jul 18, 2024


6.83%
JG

Answered

A sampling plan ________.

A) states the design quality for production managers
B) describes the characteristics of a population
C) is used when the product or process is not well understood
D) describes the approach that will be used to obtain samples from a population

On Jul 06, 2024


D
JG

Answered

The purchaser of a 168-day T-bill with a face value of $100,000 paid $98,929.92 for it. After 50 days, interest rates had increased and she sold the T-bill at 2.85% simple interest. What price did she receive for the T-bill?

On Jun 06, 2024


$98,933.95
JG

Answered

Payments of $2,400, $1,200, and $3,000 were originally scheduled to be paid 1½ years ago, today, and 15 months from today, respectively. Using 6% compounded quarterly as the rate of return money can earn, what payment six months from now would be equivalent to the three scheduled payments?

On Jun 03, 2024


$6,226.94
JG

Answered

A company earned $14,500 in January, $7,600 in February, and $11,700 in March. Compute what the company earned in the three months.​

On May 07, 2024


$33,800
JG

Answered

Calculate the combined equivalent value today of $500 due today and $300 due in three months. Assume that money can earn 95%.

On May 06, 2024


$830.88
JG

Answered

If a product is discounted by $233.9\$ 233.9$233.9 and is selling for $890.1\$ 890.1$890.1 , what is the discount rate? Round your answer to two decimal places.

A) 15.41%
B) 26.28%
C) 20.81%
D) 35.64%
E) 79.19%

On May 04, 2024


C
JG

Answered

Hypotheses should reflect the theory or literature on which they are based.

On May 03, 2024


True
JG

Answered

Calculate the missing interest rate (to the nearest 0.01%)
Calculate the missing interest rate (to the nearest 0.01%)

On May 02, 2024


10.24% compounded semiannually