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An investment adviser invested $14,000 in two accounts. One investment earned 8% annual simple interest, and the other investment earned 6.5% annual simple interest. The amount of interest earned for 1 year was $1,021. How much was invested in each account?

amount at 8% = $ ?

amount at 6.5% = $ ?

amount at 8% = $ ?

amount at 6.5% = $ ?

The Worthingtons love to travel, so when they retired they sold their house and purchased a motor home valued at $165,000. They tow their car, valued at $32,000 behind their motor home when they travel. The Worthingtons have medical bills totaling $1,300 and a balance of $3,000 on credit cards. Since they invested for retirement, the Worthingtons have $200,000 in investments and an additional $20,000 in their savings account. What is the Worthingtonsâ€™ net worth?

Petro invests R24000.00 in an investment fund that offers an interest rate of 10% per annum compounded yearly. After 4 years, he withdraws R18000.00 to pay for security system. After a further 2 years he decides to withdraw the remaining amount. How much will this be?

(Hint: Use a time-line).

(Hint: Use a time-line).

Tom buys a DVD player on 12 monthly payments. The cash price is $600. He pays 10% deposit and the store charges 9% interest

1.) what is the monthly payments?

1.) what is the monthly payments?

Suppose that 10 years ago you bought a home for $120,000, paying 10% as a down payment, and financing the rest at 9% interest for 30 years.

How much interest have you paid so far (over the last 10 years)?

How much interest have you paid so far (over the last 10 years)?

You invest R 20 000.00 at an interest rate of 10% per annum. After how many years will your

investment grow to a value of R 28 000.00 if the interest earned is:

Simple interest

Compound interest

investment grow to a value of R 28 000.00 if the interest earned is:

Simple interest

Compound interest

1. Find the amount. That will be accumulated in each account under the condition set forth.

A principal of $2000 is accumulated with 7.5% interest compounded monthly for

4 years.

A principal of $2000 is accumulated with 7.5% interest compounded monthly for

4 years.

B1 - A two year bond with a nominal rate of 3.5% per annum

these bonds have six monthly coupons and a face value of $2,000. Calculate their present values, Macauly durations and convexities using a YTM of 6% (YTM = 0.06).

these bonds have six monthly coupons and a face value of $2,000. Calculate their present values, Macauly durations and convexities using a YTM of 6% (YTM = 0.06).

these bonds have six monthly coupons and a face value of $2,000. Calculate their present values, Macauly durations and convexities using a YTM of 6% (YTM = 0.06).

(a) Calculate both the average discrete and average continuous monthly returns for the following dividend adjusted share price and market index.

Share Price Market Index

Date Rit Rmt.

August-17 $1.55 1,175.00

September-17 $2.10 1,200.00

October-17 $2.45 1,305.00

November-17 $2.85 1,505.00

Share Price Market Index

Date Rit Rmt.

August-17 $1.55 1,175.00

September-17 $2.10 1,200.00

October-17 $2.45 1,305.00

November-17 $2.85 1,505.00