anonymous
  • anonymous
Is anybody here good at financial algebra?
Mathematics
At vero eos et accusamus et iusto odio dignissimos ducimus qui blanditiis praesentium voluptatum deleniti atque corrupti quos dolores et quas molestias excepturi sint occaecati cupiditate non provident, similique sunt in culpa qui officia deserunt mollitia animi, id est laborum et dolorum fuga. Et harum quidem rerum facilis est et expedita distinctio. Nam libero tempore, cum soluta nobis est eligendi optio cumque nihil impedit quo minus id quod maxime placeat facere possimus, omnis voluptas assumenda est, omnis dolor repellendus. Itaque earum rerum hic tenetur a sapiente delectus, ut aut reiciendis voluptatibus maiores alias consequatur aut perferendis doloribus asperiores repellat.

Get our expert's

answer on brainly

SEE EXPERT ANSWER

Get your free account and access expert answers to this
and thousands of other questions.

anonymous
  • anonymous
Is anybody here good at financial algebra?
Mathematics
jamiebookeater
  • jamiebookeater
I got my questions answered at brainly.com in under 10 minutes. Go to brainly.com now for free help!
At vero eos et accusamus et iusto odio dignissimos ducimus qui blanditiis praesentium voluptatum deleniti atque corrupti quos dolores et quas molestias excepturi sint occaecati cupiditate non provident, similique sunt in culpa qui officia deserunt mollitia animi, id est laborum et dolorum fuga. Et harum quidem rerum facilis est et expedita distinctio. Nam libero tempore, cum soluta nobis est eligendi optio cumque nihil impedit quo minus id quod maxime placeat facere possimus, omnis voluptas assumenda est, omnis dolor repellendus. Itaque earum rerum hic tenetur a sapiente delectus, ut aut reiciendis voluptatibus maiores alias consequatur aut perferendis doloribus asperiores repellat.

Get this expert

answer on brainly

SEE EXPERT ANSWER

Get your free account and access expert answers to this
and thousands of other questions

anonymous
  • anonymous
anonymous
  • anonymous
yes but depends on the question lol
mathstudent55
  • mathstudent55
How about posting the question. Maybe someone will help.

Looking for something else?

Not the answer you are looking for? Search for more explanations.

More answers

anonymous
  • anonymous
its not a question it is basically like a document i just want people to check my work @mathstudent55
anonymous
  • anonymous
ok let me see it then
anonymous
  • anonymous
hold on
anonymous
  • anonymous
can anybody please check my work @phi @mathstudent55 @dan815 to see if I made any mistakes
dan815
  • dan815
i cannot open word documents, can you take screen shot or something
anonymous
  • anonymous
um i will try
anonymous
  • anonymous
1 Attachment
anonymous
  • anonymous
anonymous
  • anonymous
can you please check this for me @phi
anonymous
  • anonymous
its a document can you take a look at it and see if i made any errors @phi
dan815
  • dan815
okay,
phi
  • phi
Q1 is ok
dan815
  • dan815
|dw:1435341205076:dw|
dan815
  • dan815
we gotta apply that interest rate to his money form annuity too
mathstudent55
  • mathstudent55
Problem 1: \(F = P(1 + \dfrac{r}{n})^{nt}\) \(62000 = P(1 + \dfrac{0.0125}{12})^{60}\) \(62000 = P(1.0644) \) \(P = 58,245.51\)
dan815
  • dan815
for problem 2, youd have to get this formula for this series
dan815
  • dan815
|dw:1435341451215:dw|
dan815
  • dan815
geometric series
phi
  • phi
Q2 looks good
anonymous
  • anonymous
do you guys need me to post 3 and 4 in a screenshot @phi @dan815 @mathstudent55
dan815
  • dan815
oh highest exponent is 14 actually
anonymous
  • anonymous
1 Attachment
anonymous
  • anonymous
anonymous
  • anonymous
1 Attachment
anonymous
  • anonymous
anonymous
  • anonymous
anonymous
  • anonymous
can any of you guys check 3,6,8,9,10,12 for me @dan815 @loser66 @Hero
anonymous
  • anonymous
anonymous
  • anonymous
anonymous
  • anonymous
phi
  • phi
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.
anonymous
  • anonymous
for question 9 what did you get @phi
phi
  • phi
I posted how to do it. Give it a shot.
anonymous
  • anonymous
where @phi
phi
  • phi
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
anonymous
  • anonymous
see that is what i did but I had trouble
phi
  • phi
post your numbers as you work the problem
anonymous
  • anonymous
oh the ROI for question six is going to be posted now @phi
anonymous
  • anonymous
1 Attachment
anonymous
  • anonymous
phi
  • phi
For Q6, why does the calculation for the purchase price have an extra 6 in it ?
phi
  • phi
the top should be amount received - amount paid
anonymous
  • anonymous
Exactly but i don't know with the choices what it could be?
phi
  • phi
amount paid is "initial investment" when you multiply # of shares * price you get how much you paid. to then multiply by 6 is wrong.
anonymous
  • anonymous
ohhh
anonymous
  • anonymous
so it would be that he multiplied his initial amount incorrectly
phi
  • phi
yes, that makes the most sense.
anonymous
  • anonymous
ok

Looking for something else?

Not the answer you are looking for? Search for more explanations.