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anonymous

  • one year ago

Is anybody here good at financial algebra?

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  1. anonymous
    • one year ago
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    @dan815

  2. anonymous
    • one year ago
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    yes but depends on the question lol

  3. mathstudent55
    • one year ago
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    How about posting the question. Maybe someone will help.

  4. anonymous
    • one year ago
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    its not a question it is basically like a document i just want people to check my work @mathstudent55

  5. anonymous
    • one year ago
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    ok let me see it then

  6. anonymous
    • one year ago
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    hold on

  7. anonymous
    • one year ago
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    can anybody please check my work @phi @mathstudent55 @dan815 to see if I made any mistakes

  8. dan815
    • one year ago
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    i cannot open word documents, can you take screen shot or something

  9. anonymous
    • one year ago
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    um i will try

  10. anonymous
    • one year ago
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    1 Attachment
  11. anonymous
    • one year ago
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    @dan815

  12. anonymous
    • one year ago
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    can you please check this for me @phi

  13. anonymous
    • one year ago
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    its a document can you take a look at it and see if i made any errors @phi

  14. dan815
    • one year ago
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    okay,

  15. phi
    • one year ago
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    Q1 is ok

  16. dan815
    • one year ago
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    |dw:1435341205076:dw|

  17. dan815
    • one year ago
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    we gotta apply that interest rate to his money form annuity too

  18. mathstudent55
    • one year ago
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    Problem 1: \(F = P(1 + \dfrac{r}{n})^{nt}\) \(62000 = P(1 + \dfrac{0.0125}{12})^{60}\) \(62000 = P(1.0644) \) \(P = 58,245.51\)

  19. dan815
    • one year ago
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    for problem 2, youd have to get this formula for this series

  20. dan815
    • one year ago
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    |dw:1435341451215:dw|

  21. dan815
    • one year ago
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    geometric series

  22. phi
    • one year ago
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    Q2 looks good

  23. anonymous
    • one year ago
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    do you guys need me to post 3 and 4 in a screenshot @phi @dan815 @mathstudent55

  24. dan815
    • one year ago
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    oh highest exponent is 14 actually

  25. anonymous
    • one year ago
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  26. anonymous
    • one year ago
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    @dan815

  27. anonymous
    • one year ago
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    @dan815

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  28. anonymous
    • one year ago
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    @dan815

  29. anonymous
    • one year ago
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    @dan815

  30. anonymous
    • one year ago
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    can any of you guys check 3,6,8,9,10,12 for me @dan815 @loser66 @Hero

  31. anonymous
    • one year ago
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    @zepdrix

  32. anonymous
    • one year ago
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    @ganeshie8

  33. anonymous
    • one year ago
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    @campbell_st

  34. phi
    • one year ago
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    ok Q1 to Q4 Q5 looks reasonable, but I don't really know Q6 I don't see the ROI number, so can't say. Q7 sounds right, but not sure Q8 I think they want the difference in the rates i.e. how much more Lucas's rate is over Peyton Q9 I got a different number Q10 I don't know how to do that one but the answer has to either choice A or B Q11 I got a different answer Q12 not sure how to do this one either. I am curious how to do Q10 and Q12 For the weighted mean questions, I think you multiply each percentage by the dollars invested in that category divided by the total dollars in the portfolio In Q11, notice port 3 has a huge amount in the loser -41.3% and very little in the winner (27.8%). Based just on that info, portfolio 3 will have the worst return.

  35. anonymous
    • one year ago
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    for question 9 what did you get @phi

  36. phi
    • one year ago
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    I posted how to do it. Give it a shot.

  37. anonymous
    • one year ago
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    where @phi

  38. phi
    • one year ago
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    For the weighted mean questions, multiply each percentage by the dollars invested in that category divided by the total dollars in the portfolio then add up

  39. anonymous
    • one year ago
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    see that is what i did but I had trouble

  40. phi
    • one year ago
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    post your numbers as you work the problem

  41. anonymous
    • one year ago
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    oh the ROI for question six is going to be posted now @phi

  42. anonymous
    • one year ago
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    @phi

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  43. anonymous
    • one year ago
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    @phi

  44. phi
    • one year ago
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    For Q6, why does the calculation for the purchase price have an extra 6 in it ?

  45. phi
    • one year ago
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    the top should be amount received - amount paid

  46. anonymous
    • one year ago
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    Exactly but i don't know with the choices what it could be?

  47. phi
    • one year ago
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    amount paid is "initial investment" when you multiply # of shares * price you get how much you paid. to then multiply by 6 is wrong.

  48. anonymous
    • one year ago
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    ohhh

  49. anonymous
    • one year ago
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    so it would be that he multiplied his initial amount incorrectly

  50. phi
    • one year ago
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    yes, that makes the most sense.

  51. anonymous
    • one year ago
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    ok

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