Given that the fee to cash a check is 10% of the amount of check and we are given amount Monica's check, then the fee is:
0.10($538)=$53.8

Question

asked 2021-01-23

ED Wong has total of Tk.70,000 invested in a common stock, corporate bonds, and
municipal bonds. In order to limit risk, he has twice as much invested in corporate bonds
as in stock. Last years, the common stock paid a 2% dividend, the corporate bonds paid
10% interest, and the municipal bonds paid 6% interest. ED’s total income last year from
his investments was in Tk.4,800. How much has he invested in bonds?

asked 2020-11-27

Chloe got a 10% raise. She now earns $22 an hour. How much did she earn per hour before the raise?

Answer:___

A bicycle regularly priced at $396 is on sale for 25% off. What is the sale price?

Answer:___

Answer:___

A bicycle regularly priced at $396 is on sale for 25% off. What is the sale price?

Answer:___

asked 2021-01-22

Pets Plus and Pet Planet are having a sale on the same aquarium. At Pets Plus the aquarium is on sale for 30% off the original price and at Pet Planet it is discounted by 25%. If the sales tax rate is 8%, which store has the lower sale price? How much will you save by buying the aquarium there? Round to the nearest cent.

\(\displaystyle{b}{e}{g}\in{\left\lbrace{a}{r}{r}{a}{y}\right\rbrace}{\left\lbrace{\left|{c}\right|}{c}{\mid}\right\rbrace}{h}{l}\in{e}\text{Store}&\ \text{ Original Price of Aquarium (\$)}\backslash{h}{l}\in{e}\text{Pets Plus}&{118}\backslash{h}{l}\in{e}\text{Pet Planet}&{110}\backslash{h}{l}\in{e}{e}{n}{d}{\left\lbrace{a}{r}{r}{a}{y}\right\rbrace}\)

\(\displaystyle{b}{e}{g}\in{\left\lbrace{a}{r}{r}{a}{y}\right\rbrace}{\left\lbrace{\left|{c}\right|}{c}{\mid}\right\rbrace}{h}{l}\in{e}\text{Store}&\ \text{ Original Price of Aquarium (\$)}\backslash{h}{l}\in{e}\text{Pets Plus}&{118}\backslash{h}{l}\in{e}\text{Pet Planet}&{110}\backslash{h}{l}\in{e}{e}{n}{d}{\left\lbrace{a}{r}{r}{a}{y}\right\rbrace}\)

asked 2020-12-24

Ms. Donahue rents a space in the mall for her store. The mall owner just increased the amount of her rent. As a result, Ms. Donahue decided to raise all the prices in her store by 5%. What is the new price of an item that had an original price of $80?

A. $84

B. $85

C. $120

D. $160

A. $84

B. $85

C. $120

D. $160

asked 2021-03-05

Larry came up a little short one month at bill paying time and had to take out a title loan on his car at Check Casher's, Inc. He borrowed $260, and 3 weeks later he paid off the note for $297.50. What was the annual simple interest rate on this title loan?

asked 2020-11-12

Finance bonds/dividends/loans exercises, need help or formulas

Some of the exercises, calculating the Ri is clear, but then i got stuck:

A security pays a yearly dividend of 7€ during 5 years, and on the 5th year we could sell it at a price of 75€, market rate is 19%, risk free rate 2%, beta 1,8. What would be its price today? 2.1 And if its dividend growths 1,7% each year along these 5 years-what would be its price?

A security pays a constant dividend of 0,90€ during 5 years and thereafter will be sold at 10 €, market rate 18%, risk free rate 2,5%, beta 1,55, what would be its price today?

At what price have i purchased a security if i already made a 5€ profit, and this security pays dividends as follows: first year 1,50 €, second year 2,25€, third year 3,10€ and on the 3d year i will sell it for 18€. Market rate is 8%, risk free rate 0,90%, beta=2,3.

What is the original maturity (in months) for a ZCB, face value 2500€, required rate of return 16% EAR if we paid 700€ and we bought it 6 month after the issuance, and actually we made an instant profit of 58,97€

You'll need 10 Vespas for your Parcel Delivery Business. Each Vespa has a price of 2850€ fully equipped. Your bank is going to fund this operation with a 5 year loan, 12% nominal rate at the beginning, and after increasing 1% every year. You'll have 5 years to fully amortize this loan. You want tot make monthly installments. At what price should you sell it after 3 1/2 years to lose only 10% of the remaining debt.

Some of the exercises, calculating the Ri is clear, but then i got stuck:

A security pays a yearly dividend of 7€ during 5 years, and on the 5th year we could sell it at a price of 75€, market rate is 19%, risk free rate 2%, beta 1,8. What would be its price today? 2.1 And if its dividend growths 1,7% each year along these 5 years-what would be its price?

A security pays a constant dividend of 0,90€ during 5 years and thereafter will be sold at 10 €, market rate 18%, risk free rate 2,5%, beta 1,55, what would be its price today?

At what price have i purchased a security if i already made a 5€ profit, and this security pays dividends as follows: first year 1,50 €, second year 2,25€, third year 3,10€ and on the 3d year i will sell it for 18€. Market rate is 8%, risk free rate 0,90%, beta=2,3.

What is the original maturity (in months) for a ZCB, face value 2500€, required rate of return 16% EAR if we paid 700€ and we bought it 6 month after the issuance, and actually we made an instant profit of 58,97€

You'll need 10 Vespas for your Parcel Delivery Business. Each Vespa has a price of 2850€ fully equipped. Your bank is going to fund this operation with a 5 year loan, 12% nominal rate at the beginning, and after increasing 1% every year. You'll have 5 years to fully amortize this loan. You want tot make monthly installments. At what price should you sell it after 3 1/2 years to lose only 10% of the remaining debt.

asked 2021-02-27

At the end of the summer, a family bought a chair cost $65 and a table cost $189. They need to pay 6.5 % sales tax. How much they must pay for sales tax?

asked 2020-12-09

Serena has job offers from two car dealerships. Classic Cars offers her a base salary of $22,000 per year plus an additional 1% commission on all sales she makes. Sweet Rides offers her a base salary of $13,000 per year plus an additional 2.5% commission on all sales she makes. Determine the amount of car sales in dollars for which both dealerships will pay Serena the same amount. Explain which offer Serena should accept based on the amount of car sales she expects to have.

asked 2021-02-12

Cy needs to buy a package of dish towels. The original price is $15.The dish towels are now on sale for 20%. How much will Cy pay for the dish towels on sale?

asked 2021-02-03

The total amount to stage an event was 1300.00. Person A spent 175.00 Person B spent 440.00 Person C spent 700.00 and Person D 0.00. What is the fair equal distribution of money