Your father invested a lump sum 26 years ago in an account earning 5.0% annual...
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Accounting
Your father invested a lump sum 26 years ago in an account earning 5.0% annual interest compounded annually. Today he gave you the proceeds of that investment, which totaled $50,000. How much did your father originally invest?
$15,920.12
$14,776.67
$14,062.04
$13,383.22
$12,738.38
You believe you will be able to buy a new Audi A5 Coupe four years from now. The current price of this model is $47,710. You read in Car and Driver magazine that the price of a new car of this model is expected to rise by 5% per year into the foreseeable future. When you are ready to buy it, your local bank will give you a 5 year loan at an annual interest rate of 15.1%, with no down payment required. How much will your monthly payments be?
$1374.84
$8766.92
$1365.03
$1137.52
$1383.97
Calculate the Expected Return of the following portfolio:
Stock
Dollar Value
Expected Return
A
2,000
14.8%
B
3,000
4.6%
C
5,000
16.2%
D
10,000
5.5%
7.5%
9.0%
8.3%
10.3%
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