6. DETAILS BRECMBC9 10.1.020. Find the amount (in $) of interest and the maturity value of the loans. Use the formula MV P+I to find the maturity value. Principal Rate (5) Time Maturity Value $99,000 214 H Viewing Saved Work eveto Last Meseose $6,000 DETAILS BRECMBC9 10.1.018. Find the amount (in $) of interest and the maturity value of the loans. Use the formula MVP+ I to find the maturity value. (Round your answers to two decimal places.) Principal Rate (%) Interest Maturity Value $145,000 14 $17,600 years 4 DETAILS BRECMBC9 11.1.012. Using Table 11-1, calculate the compound amount and compound interest (in $) for the investment. (Round your answers to the nearest cent.) Time Nominal Interest Principal Period (years) Rate (%) Compounded Compound Amount annually DETAILS 10 Time 5 months Face Discount Date of Term Value Rate (%) Note (days) June 7 15 BRECMBC9 10.111.006. Using ordinary interest, 360 days, calculate the missing information for the simple discount note. (Round dollars to the nearest cent.) Bank Discount (in $) $ Interest 70 Maturity Date Compound Interest -Select- Proceeds (in $)
6. DETAILS BRECMBC9 10.1.020. Find the amount (in $) of interest and the maturity value of the loans. Use the formula MV P+I to find the maturity value. Principal Rate (5) Time Maturity Value $99,000 214 H Viewing Saved Work eveto Last Meseose $6,000 DETAILS BRECMBC9 10.1.018. Find the amount (in $) of interest and the maturity value of the loans. Use the formula MVP+ I to find the maturity value. (Round your answers to two decimal places.) Principal Rate (%) Interest Maturity Value $145,000 14 $17,600 years 4 DETAILS BRECMBC9 11.1.012. Using Table 11-1, calculate the compound amount and compound interest (in $) for the investment. (Round your answers to the nearest cent.) Time Nominal Interest Principal Period (years) Rate (%) Compounded Compound Amount annually DETAILS 10 Time 5 months Face Discount Date of Term Value Rate (%) Note (days) June 7 15 BRECMBC9 10.111.006. Using ordinary interest, 360 days, calculate the missing information for the simple discount note. (Round dollars to the nearest cent.) Bank Discount (in $) $ Interest 70 Maturity Date Compound Interest -Select- Proceeds (in $)
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Please give me answer very fast in 5 min saur
Transcribed Image Text:6.
5.
3.
DETAILS
BRECMBC9 10.1.020.
Find the amount (in $) of interest and the maturity value of the loans. Use the formula MV P+1 to find the maturity value.
Principal Rate (1)
j
$99,000
Viewing Seved Work Revert to Last Response
$145,000
DETAILS
BRECMBC9 10.1.018.
Find the amount (in $) of interest and the maturity value of the loans. Use the formula MV P+I to find the maturity value. (Round your answers to two decimal places.)
Principal Rate (%)
Interest Maturity Value
10
Time
DETAILS
4
Time
5 months $
BRECMBC9 11.1.012.
Using Table 11-1, calculate the compound amount and compound interest (in $) for the investment. (Round your answers to the nearest cent.)
Time
Nominal
Interest
Principal Period (years) Rate (%) Compounded
Compound
Amount
$6,000
annually
June 7.
Interest
15
70
Maturity Value
$
DETAILS
BRECMBC9 10.111.006.
Using ordinary interest, 360 days, calculate the missing information for the simple discount note. (Round dollars to the nearest cent.)
Face Discount Date of Term
Value
Rate (%) Note
(days)
Bank Discount
(in $)
$17,600
Maturity
Date
-Select-
$
Compound
Interest.
Proceeds
(in $)
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