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anonymous
 one year ago
Can someone please check this?
anonymous
 one year ago
Can someone please check this?

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anonymous
 one year ago
Best ResponseYou've already chosen the best response.0Gimee a sec ima look over it

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0Everything looks fine I'm not sure how to solve 21 tho

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0@jim_thompson5910 how would i correct number 2

jim_thompson5910
 one year ago
Best ResponseYou've already chosen the best response.0what is the total sum (in dollars) invested in portfolio 1

jim_thompson5910
 one year ago
Best ResponseYou've already chosen the best response.0add up the dollar figures in column 1 (where it says portfolio 1)

jim_thompson5910
 one year ago
Best ResponseYou've already chosen the best response.0now multiply each ROR value by the dollar amount in the same row focus on just portfolio 1 for now

jim_thompson5910
 one year ago
Best ResponseYou've already chosen the best response.0once you get done multiplying, add up those results and tell me what you get

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0i dont understand do i have to multiply every single ror with the total sum

jim_thompson5910
 one year ago
Best ResponseYou've already chosen the best response.0ex: multiply 0.004 with 2400 to get 9.60

jim_thompson5910
 one year ago
Best ResponseYou've already chosen the best response.0convert each percentage to decimal form

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0i got 9.60,40.82,313.96, 35,and 102.12

jim_thompson5910
 one year ago
Best ResponseYou've already chosen the best response.0add those up to get ???

jim_thompson5910
 one year ago
Best ResponseYou've already chosen the best response.0finally, divide that by 9250 (the sum of the dollar figures)

jim_thompson5910
 one year ago
Best ResponseYou've already chosen the best response.0does that make sense?

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0and i got 0.044572973

jim_thompson5910
 one year ago
Best ResponseYou've already chosen the best response.0that's the weighted ROR for portfolio 1

jim_thompson5910
 one year ago
Best ResponseYou've already chosen the best response.0do the same for portfolio 2 and 3

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0ok are the other questions bad by the way like are they alot wrong

jim_thompson5910
 one year ago
Best ResponseYou've already chosen the best response.03 and 4 are wrong

jim_thompson5910
 one year ago
Best ResponseYou've already chosen the best response.0tell me what you get for the other weighted ROR's

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0Is the order portfolio 3,2,1 @jim_thompson5910

jim_thompson5910
 one year ago
Best ResponseYou've already chosen the best response.0what weighted RORs did you get

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0for portfolio 2 i got 0.048797251 and for the portfolio i got 0.087759517

jim_thompson5910
 one year ago
Best ResponseYou've already chosen the best response.0so yeah it's 3, 2, 1

jim_thompson5910
 one year ago
Best ResponseYou've already chosen the best response.03 being the best 1 being the worst

jim_thompson5910
 one year ago
Best ResponseYou've already chosen the best response.0let's do them one at a time

jim_thompson5910
 one year ago
Best ResponseYou've already chosen the best response.0go here http://www.bankrate.com/calculators/mortgages/mortgagecalculator.aspx type in the given mortgage amount, rate, and time

jim_thompson5910
 one year ago
Best ResponseYou've already chosen the best response.0then scroll to June 2025, which is exactly 10 years into the future what is the value in the last column?

jim_thompson5910
 one year ago
Best ResponseYou've already chosen the best response.0why 10 years? because of the "10" in "30/10" means that the balloon payment hits after 10 years are up the 30 means this is a 30 year fixed mortgage

jim_thompson5910
 one year ago
Best ResponseYou've already chosen the best response.0that remaining balance is the balloon payment you either pay it all or refinance it

jim_thompson5910
 one year ago
Best ResponseYou've already chosen the best response.0Formula \[\Large FV = \frac{(1+i)^n  1}{i}\] FV = unknown i = 0.0635/12 = 0.03175 n = 2*7 = 14

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0I get 17.29035 @jim_thompson5910

jim_thompson5910
 one year ago
Best ResponseYou've already chosen the best response.0way too small

jim_thompson5910
 one year ago
Best ResponseYou've already chosen the best response.0oh my bad, I left out P

jim_thompson5910
 one year ago
Best ResponseYou've already chosen the best response.0that's my fault lol

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0its ok @jim_thompson5910

jim_thompson5910
 one year ago
Best ResponseYou've already chosen the best response.0\[\Large FV = P*\frac{(1+i)^n  1}{i}\] FV = unknown P = 720*6 = 4320 i = 0.0635/12 = 0.03175 n = 2*7 = 14

jim_thompson5910
 one year ago
Best ResponseYou've already chosen the best response.0yeah I'm realizing that just now lol

jim_thompson5910
 one year ago
Best ResponseYou've already chosen the best response.0sorry about that

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0its ok. but i probably had more when you continued to look into it @jim_thompson5910

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0any more that i had wrong that i need to look into ?

jim_thompson5910
 one year ago
Best ResponseYou've already chosen the best response.0I'm still on 6

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0how is going @jim_thompson5910

jim_thompson5910
 one year ago
Best ResponseYou've already chosen the best response.0nearly there, I'm on the origination fee now

jim_thompson5910
 one year ago
Best ResponseYou've already chosen the best response.0I'm making up a spreadsheet

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0how is it going? @jim_thompson5910

jim_thompson5910
 one year ago
Best ResponseYou've already chosen the best response.0I keep trying various combinations, but I'm not getting any of the answer choices

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0http://openstudy.com/study#/updates/5487f558e4b0337e71f8b3c8 @jim_thompson5910

jim_thompson5910
 one year ago
Best ResponseYou've already chosen the best response.0I vaguely remember that, but I don't remember actually calculating out the answer

jim_thompson5910
 one year ago
Best ResponseYou've already chosen the best response.0ok I'm only off by about 20 cents at this point, so it's good enough

jim_thompson5910
 one year ago
Best ResponseYou've already chosen the best response.0let me think about how to answer 6

jim_thompson5910
 one year ago
Best ResponseYou've already chosen the best response.0the answer isn't B, unless I forgot something

jim_thompson5910
 one year ago
Best ResponseYou've already chosen the best response.0do you have a breakdown of each subtotal?

jim_thompson5910
 one year ago
Best ResponseYou've already chosen the best response.0I'm getting this 21956+307080+1776.44+1332.33+1397.2+621.95+12685.08+355.288 = 347,204.288

jim_thompson5910
 one year ago
Best ResponseYou've already chosen the best response.0did you get that?

jim_thompson5910
 one year ago
Best ResponseYou've already chosen the best response.0or something similar to it?

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0i got b at first but i guess

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0at least if that at the beginning @jim_thompson5910

jim_thompson5910
 one year ago
Best ResponseYou've already chosen the best response.0hmm I'm not sure now, but I think I have the right answer. I'm only off by 20 cents or so. This problem is a pain

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0how about the rest how are they @jim_thompson5910

jim_thompson5910
 one year ago
Best ResponseYou've already chosen the best response.0still thinking

jim_thompson5910
 one year ago
Best ResponseYou've already chosen the best response.0do you have the bond rate of return formula?

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0I believe it is yield = coupon amount/price

jim_thompson5910
 one year ago
Best ResponseYou've already chosen the best response.0that seems too small

jim_thompson5910
 one year ago
Best ResponseYou've already chosen the best response.0is there anywhere in your notes that mentions the bond rate of return formula?

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0Divide the future value that you seek in a bond by the bond's face value.For example, if you seek a future value of $15,000 from a $5,000 bond, divide $15,000 by $5,000 to get a multiplier of 3. Step 2 Divide 1 by the term of the bond. For example, if you seek the future value of $15,000 after 20 years, divide 1 by 20 to get 0.05. Step 3 Raise the multiplier to the power of this factor. Continuing the example, raise 3 to the power of 0.05 to get 1.056. Step 4 Subtract 1 from the result, to get 0.056. Step 5 Multiply the answer by 100. With this example, this gives a target annual rate of return of 5.6 percent.

jim_thompson5910
 one year ago
Best ResponseYou've already chosen the best response.0the issue is that we don't know what future value we want to target

jim_thompson5910
 one year ago
Best ResponseYou've already chosen the best response.0what would that future value be?

jim_thompson5910
 one year ago
Best ResponseYou've already chosen the best response.0same here, i guess it's just best to skip

jim_thompson5910
 one year ago
Best ResponseYou've already chosen the best response.0question 9 is incorrect

jim_thompson5910
 one year ago
Best ResponseYou've already chosen the best response.0the gov bond is the most secure, so it is the less riskiest

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0so it would be municipal common stock preferred @jim_thompson5910

jim_thompson5910
 one year ago
Best ResponseYou've already chosen the best response.0the municipal bond is the safest

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0whats the second best common stock?

jim_thompson5910
 one year ago
Best ResponseYou've already chosen the best response.0the one that isn't under investigation

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0got it @jim_thompson5910 10?

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0i used the compound interest formula for 10

jim_thompson5910
 one year ago
Best ResponseYou've already chosen the best response.010 is correct

anonymous
 one year ago
Best ResponseYou've already chosen the best response.011? @jim_thompson5910

jim_thompson5910
 one year ago
Best ResponseYou've already chosen the best response.0still working on it

jim_thompson5910
 one year ago
Best ResponseYou've already chosen the best response.0hmm I'm getting $660.71 which is too small I think. Let me try again

jim_thompson5910
 one year ago
Best ResponseYou've already chosen the best response.0ok I redid it and got $759.69 which is practically $759.70 like you got so it looks good

jim_thompson5910
 one year ago
Best ResponseYou've already chosen the best response.0question 12 looks good too

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0question 13 is bound to be wrong @jim_thompson5910

jim_thompson5910
 one year ago
Best ResponseYou've already chosen the best response.013 is correct

anonymous
 one year ago
Best ResponseYou've already chosen the best response.015 was kind of hard for me @jim_thompson5910

jim_thompson5910
 one year ago
Best ResponseYou've already chosen the best response.014 is incorrect

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0how do i fix it? @jim_thompson5910

jim_thompson5910
 one year ago
Best ResponseYou've already chosen the best response.0\[\Large M = \frac{L*i}{1(1+i)^{n}}\] M = unknown L = 375500 i = 0.04325/12 n = 12*20 find M

jim_thompson5910
 one year ago
Best ResponseYou've already chosen the best response.015 looks good

jim_thompson5910
 one year ago
Best ResponseYou've already chosen the best response.0still thinking on 16

jim_thompson5910
 one year ago
Best ResponseYou've already chosen the best response.016 is correct as well

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0how is it @jim_thompson5910

jim_thompson5910
 one year ago
Best ResponseYou've already chosen the best response.0does your lesson give any formulas about prorated taxes? I'm trying to figure out what the start date is

jim_thompson5910
 one year ago
Best ResponseYou've already chosen the best response.0these problems frustrate me because I get so very close but not quite there exactly. I'm off by a few dollars

jim_thompson5910
 one year ago
Best ResponseYou've already chosen the best response.0Ok I'm getting that she has to pay 1717.78 in taxes and 900.24 in interest Total: 1717.78 + 900.24 = 2,618.02 which is about a dollar off from choice A. So I could be missing something, but idk
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