A bond pays a return (simple interest) of 5% and has a default rate of 3%. This bond is purchased for $1000.00. What is the expected rate of return for the purchaser?

Q: Find the principal if the interest is 18,000 with a rate of 9% at term of 4 years.

A: Given:          Rate of interest (r) = 9 %          Simple interest (SI) = 18,000          Time…

Q: Lynn needs to borrow $5500 for cosmetic surgery. She obtains a loan from her grandmother for 48…

A: Given: Lynn borrows a loan for cosmetic surgery of $5500 at simple interest rate 7.3% for 48 months.

Q: You purchase an interest rate futures contract that has an initial margin requirement of 15% and a…

A:

Q: Basim borrows OMR 3580 for 4 months at a simple interest rate of 6% per year.Determine proceeds. a.…

A: Consider the provided question, Basim borrows OMR 3580 for 4 months at a simple interest rate of 6%…

Q: Nanette buys a $5000 20-year bond that has a coupon rate of 2.5%.If she keeps the bond to…

A: We have to find

Q: esiree opens an account with one deposit of $6500. She receives a statement twice a year, just after…

A: Given problem is :   Desiree opens an account with one deposit of $6500. She receives a statement…

Q: Your parents are buying a house for $187,500. They have a good credit rating, are making a 20% down…

A:

Q: You want to buy a $31,000 car. The company is offering a 2% interest rate for 60 months (5 years).…

A: Given that the present value PV=$31000Interest rate r=2%=2100=0.02Componded monthly…

Q: Calculate the simple interest due on a 66-day loan of $3700 if the interest rate is 4%. (Round your…

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Q: Consider an investment of $1,500 for four years at 3.75% simple interest. a. Find the amount of…

A:

Q: Calculate the simple interest due (in dollars) on a 60-day loan of $1,600 if the annual interest…

A: Given

Q: Find the simple interest paid on a $880 investment at 6.4% annual interest for 30 days. Use the…

A: given that  principal p=$880 , interest rate r=6.4% annual  and t=30 days  now by bankers formula we…

Q: Compute the annual interest, total interest, and amount to be received or paid at the end of the…

A: Given,  Total investment : $18000 Time: 2 years  Rate: 6 %

Q: An individual borrowed ​$78,000 at an APR of 3​%, which will be paid off with monthly payments of…

A: HERE GIVEN MONTHLY PAYMENT IS MADE FOR 22 YEARS IT MEANS 12 PAYMENTS PER YEAR. AND OTHER DETAILS ARE…

Q: James has a mortgage of $96,500 at 4% for 15 years. The property taxes are $3,900 per year, and the…

A: NOTE: Refresh your page if you can't see any equations. . here we have L=96500 r=4% t=15 years The…

Q: A bond with face value $10,000 simple interest 6.45% and a term for 12 years is originally bought by…

A: Solution: Assuming Linda bought the bond on settlement date. Net profit for Linda = 11,400 + 645 +…

Q: A car loan is simple interest. You borrow $17,500 for 4 years at 7.5%. Assuming monthly payments,…

A: Given : $17,500 is borrowed for 4 years at 7.5 % of simple interest.   To find : Monthly payments.

Q: You want to be able to withdraw $45,000 from your account each year for 30 years after you retire.…

A:

Q: You have the option to take out a 30 year mortgage with an APR of 4.9% what will your monthly…

A:

Q: You want to buy a $13,000 car. The company is offering a 4% interest rate for 48 months (4 years).…

A: Where,PVA = Present value of the annuityA = Monthly paymenti = Monthly interest rate in decimal…

Q: Suppose a six-year bond is purchased for $5600. The face value of the bond when it matures is $7868.…

A: Suppose a six-year bond is purchased for $5600. The face value of the bond when it matures is…

Q: o create a college fund for your child. Suppose you find a fund that offers an APR of 6%. How much…

A: We are given: APR=6%=0.06A=Amount after time t=$89000n=Number of months in a year=12Y=Number of…