assuming monthly compounding? a. 119‚152.42 b. 119‚162.42 c. 119‚172.42 d. 119‚182.42 e. None of the above Solution: The answer is A. FV=-138‚000; I/Y=2.45; N=72; C/Y=P/Y=12; CPT PV 2. First Bank of Midesto Medeque pays a 9.45% nominal rate of interest compounded weekly. What is the effective rate of interest? a. 9.60% b. 9.70% c. 9.80% d. 9.90% e. None of the above Solution: The answer is D. ICONV: NOM=9.45; C/Y=52; CPT EFF3. QKL Co. plans a new project that will generate $ 265‚000 of
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Evidence of this intuition is found in the emphasis on vocabulary and “bolded words ” in educational settings. Lexical categorization is considered equivalent to possessing certain concepts. Indeed‚ language has played a significant role in the development of human thought not only as a means of communication but also as a tool that augments our computational abilities (Clark‚ 1998; Gentner‚ 2003). Language dovetails with other cognitive functions well becaus e it can act as a filter for complex perceptual
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We feel money and power can bring happiness and solve problems but they are not definite causes of those desired states .If that were so‚it would follow that those who have wealth would always be happy and those who do not would always suffer. Money and power facilitate‚but it is clear that they are not the primary causes of happiness and solving our problems.It is justified for us to make material and financial development for building our nation but inner development is also important.What will
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Application of linear algebraic equation for chemical engineering problem The chemical engineering system models often outcome of set of linear algebraic equations. These problems may range in complexity from a set of two simultaneous linear algebraic equations to a set involving 1000 or even 10‚000 equations. The solution of a set two or three linear algebraic equations can be obtained easily by the algebraic elimination of variables or by the application of cramer’s rule. However for systems involving
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Over fishing is a serious problem that the world faces today. With sea food consumption at an all time high and the oceans resources being fished almost to extinction. We have to look towards the future of maintaining our oceans resources. "Only 10 percent of all large fish-both open ocean species including tuna‚ swordfish‚ marlin and the large ground fish such as cod‚ halibut‚ skates and flounder-are left in the sea"(National Geographic‚ pg. 1) To help maintain and preserve our oceans resources
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- Regulation by law‚ order‚ transfer the state property in the municipal; - Transfer to local government material necessary for the implementation of specific state powers which may be vested by law with these bodies; - Participation in solving problems through targeted regional programs; - Compensation to local authorities the additional costs arising from the implementation of government decision-making; - Development of state minimum social standards. Local finance is an economic relationship
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Computer programs can help us solve everyday issues that might seem impossible. Household budgeting is an issue that burdens many Americans. Every individual is ultimately responsible for managing his or her finances. Developing a computer program that can help individuals manage their budget will greatly improve their life quality. The program would have to follow the program development cycle model and use the modular approach. Identifying Budget Issues The biggest challenge that many American
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Review Problems#3 Question-1 Mark Goldsmith ’s broker has shown him two bonds. Each has a maturity of 5 years‚ a par value of $1‚000‚ and a yield to maturity of 12%. Bond A has a coupon interest rate of 6% paid annually. Bond B has a coupon interest rate of 14% paid annually. a. Calculate the selling price for each of the bonds. ANSWER: b. Mark has $20‚000 to invest. Judging on the basis of the price of the bonds‚ how many of either one could Mark purchase if he were to choose it over
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Quantitative Methods in Business – Linear Programming 1- Statement of the Problem: Middle East for investment offers a bundle of investment options in many types of securities. Mr. Brown‚ an investor‚ would like to invest $ 5 million in various securities. He wishes to maximize his yearly profit over the next year. The investment company offered him a portfolio including Bonds‚ Stocks‚ Gold and Land. The expected return is 6% for Bonds‚ 14% for Stocks‚ 10% for Gold and 5% for Land. For diversification
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SOLUTIONS Financial Management Seminar + Homework‚ Week 5 1. Starware Software was founded last year to develop software for gaming applications. Initially‚ the founder invested $800‚000 and received 8 million shares of stock. Starware now needs to raise a second round of capital‚ and it has identified an interested venture capitalist. This venture capitalist will invest $1 million and wants to own 20% of the company after the investment is completed. a. How many shares must the venture capitalist
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