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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% = $ ?
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 Worthingtons’ 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).
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?
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)?
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
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.
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).
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).
(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
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