Jay purchased a 90 -day $500,000 bank bill (at a simple interest rate) on 15 July 2021. The purchase price was $490,550. He sold this bank bill on 13 August 2021. (a) What was his selling price, if he sold this bank bill at a yield of 3.52% p.a. (simple interest)?

nt Shawn Bixby borrowed $25,000 on a 120-day, 15% note. After 60 days, Shawn paid $2,800 on the note. On day 96, Shawn paid an additional $4,800. Use ordinary interest. a. Determine the total interest use the U.S. Rule. Note: Do not round intermediate calculations. Round your answer to the nearest cent. Total interest b. Determine the ending balance due use the U.S. Rule. Note: Do not round intermediate calculations. Round your answer to the nearest cent. Ending balance due

Question 1 Today is 22th March 2020. Jane just purchased a 180-day $100,000 bank bill at a simple interest rate. The purchase price is $98,500. She sold this bank bill on 24th May 2020 at 3.98% p.a. simple interest rate. a)       What is the implied per annual simple interest rate for her purchasing (expressed as a percentage and rounded to three decimal places)?   Select one: a. 0.076 b. 0.032 c. 0.031 d. 0.088   Question 2   Today is 22th March 2020. Jane just purchased a 180-day $100,000 bank bill at a simple interest rate. The purchase price is $98,500. She sold this bank bill on 24th May 2020 at 3.98% p.a. simple interest rate. b)      What is her selling price (rounded to four decimal places)?   Select one: a. 98740.2903 b. 98634.0935 c. 98846.7161 d. 99317.7280   Question 3   Today is 22th March 2020. Jane just purchased a 180-day $100,000 bank bill at a simple interest rate. The purchase price is $98,500. She sold this bank bill on 24th May 2020 at 3.98% p.a. simple interest…

In March 2018 Daniela Motor financing dmf offered some securities for sale to the public. Under the terms of the deal, dmf promised to repay the owner of one of these securities $1,000 in March 2043, but investors would receive nothing until then. Investors paid DMF $350 for each of these securites; so they gave up $350  in March 2018, for the promise of a $1,000 payment 25 years later. A. assuming you purchased the bond for $350, what rate of return would you earn if you held the bond for 25 years until it matured with a value of $1,000 ?  answer= 4.28% B. Suppose under the terms of the bond you could redeem the bond in 2024. DMF agreed to pay an annual interest rate of 1.4 percent until that date. How much would the bond be worth at that time?_________ C. In 2024 instead of cashing in the bond for its then current value, you decide to hold the bond until it matures in 2043. What annual rate of return will you earn over the last 19 years?___________