Name Phil de Cel Manuel Labor Phyllis Stein Adam Sapple Al Nino Chris P. Bacon Douglas S. Halfemptee Ho Lee Guy Periods per Year 12 1 4 12 4 12 1 4 Years 5 8 20 Billy Bob's Discount Loans and Taxidermy Cost $ 10 $ 15 $ 6 $ $ 15,000.00 13,500.00 50,000.00 12,000.00 15,000.00 Down Payment (%) Down Payment ($) 2,250.00 15.0% $ 10.0% 0.0% 8.0% 10.0% $ $ 25.0% 10.0% 1,350.00 5,000.00 Uh-oh, one of Billy Bob's possums was just playing dead and made a nest using his loan records. Help save his business by using financial functions and the power of math to fill in the missing numbers. Loan Value $ 12,750.00 $ 23,000.00 $ 12,150.00 $ 45,000.00 $ 9,000.00 $ 13,500.00 Annual Rate Payment 9.5% 8.0% 5.5% 7.5% 9.5% 5.0% $1,200.00 $350.00 $750.00 $425.00 $1,750.00 $1,200.00
Name Phil de Cel Manuel Labor Phyllis Stein Adam Sapple Al Nino Chris P. Bacon Douglas S. Halfemptee Ho Lee Guy Periods per Year 12 1 4 12 4 12 1 4 Years 5 8 20 Billy Bob's Discount Loans and Taxidermy Cost $ 10 $ 15 $ 6 $ $ 15,000.00 13,500.00 50,000.00 12,000.00 15,000.00 Down Payment (%) Down Payment ($) 2,250.00 15.0% $ 10.0% 0.0% 8.0% 10.0% $ $ 25.0% 10.0% 1,350.00 5,000.00 Uh-oh, one of Billy Bob's possums was just playing dead and made a nest using his loan records. Help save his business by using financial functions and the power of math to fill in the missing numbers. Loan Value $ 12,750.00 $ 23,000.00 $ 12,150.00 $ 45,000.00 $ 9,000.00 $ 13,500.00 Annual Rate Payment 9.5% 8.0% 5.5% 7.5% 9.5% 5.0% $1,200.00 $350.00 $750.00 $425.00 $1,750.00 $1,200.00
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Topic Video
Question
I am doing practice problems to help study for an exam for my class. I need help with the formulas.
Transcribed Image Text:Name
Phil de Cel
Manuel Labor
Phyllis Stein
Adam Sapple
Al Nino
Chris P. Bacon
Douglas S. Halfemptee
Ho Lee Guy
Periods per Year
12
1
4
12
4
12
1
4
Years
5
8
20
Billy Bob's Discount Loans and Taxidermy
Cost
$
10 $
15 $
6 $
$
15,000.00
13,500.00
50,000.00
12,000.00
15,000.00
Down Payment (%) Down Payment ($) Loan Value
15.0% $
2,250.00 $12,750.00
10.0%
0.0%
8.0%
10.0% $
$
25.0%
10.0%
$ 23,000.00
1,350.00 $12,150.00
5,000.00
$ 45,000.00
$ 9,000.00
$ 13,500.00
Uh-oh, one of Billy Bob's possums was just playing dead and made a nest using his loan
records. Help save his business by using financial functions and the power of math to fill in the
missing numbers.
Annual Rate Payment
9.5%
8.0%
5.5%
7.5%
9.5%
5.0%
$1,200.00
$350.00
$750.00
$425.00
$1,750.00
$1,200.00
Transcribed Image Text:1
2 Name
3 Sherman Wadever
4 Stu Pid
5 Seymour Art
6
Gene Us
7 Wanda Doff
8
Will D. Beast
9 Xavier Self
10
Opie Umsbad
11 Noah Count
12 Mr. E Mann
13
14
15
16
17
18
19
Leonard's Lumpy Mattresses and Retirement Plans
Periods per Year Years Initial Investment Payment
250000
1
1
1
1
12
4
12
6
4
1
Leonard recently lost him memory and can't remember important
information regarding his client's savings. Help him so these people
aren't broke at retirement age. Hooray for narrative.
30
20
10
15
7
40
30
25
100000
25000
25000
10000
15000
18452
51760
0
300
0
400
0
0
350
1000
Annual Rate Projected Value
0.06
1000000
0.1
750000
0.08
500000
0.07
250000
0.05
350000
0.05
150000
50000
240000
0.07
0.09
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