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anonymous
 one year ago
Is anybody here good at financial algebra?
anonymous
 one year ago
Is anybody here good at financial algebra?

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anonymous
 one year ago
Best ResponseYou've already chosen the best response.0yes but depends on the question lol

mathstudent55
 one year ago
Best ResponseYou've already chosen the best response.0How about posting the question. Maybe someone will help.

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0its not a question it is basically like a document i just want people to check my work @mathstudent55

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0ok let me see it then

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0can anybody please check my work @phi @mathstudent55 @dan815 to see if I made any mistakes

dan815
 one year ago
Best ResponseYou've already chosen the best response.0i cannot open word documents, can you take screen shot or something

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0can you please check this for me @phi

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0its a document can you take a look at it and see if i made any errors @phi

dan815
 one year ago
Best ResponseYou've already chosen the best response.0we gotta apply that interest rate to his money form annuity too

mathstudent55
 one year ago
Best ResponseYou've already chosen the best response.0Problem 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
 one year ago
Best ResponseYou've already chosen the best response.0for problem 2, youd have to get this formula for this series

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0do you guys need me to post 3 and 4 in a screenshot @phi @dan815 @mathstudent55

dan815
 one year ago
Best ResponseYou've already chosen the best response.0oh highest exponent is 14 actually

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0can any of you guys check 3,6,8,9,10,12 for me @dan815 @loser66 @Hero

phi
 one year ago
Best ResponseYou've already chosen the best response.0ok 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
 one year ago
Best ResponseYou've already chosen the best response.0for question 9 what did you get @phi

phi
 one year ago
Best ResponseYou've already chosen the best response.0I posted how to do it. Give it a shot.

phi
 one year ago
Best ResponseYou've already chosen the best response.0For 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
 one year ago
Best ResponseYou've already chosen the best response.0see that is what i did but I had trouble

phi
 one year ago
Best ResponseYou've already chosen the best response.0post your numbers as you work the problem

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0oh the ROI for question six is going to be posted now @phi

phi
 one year ago
Best ResponseYou've already chosen the best response.0For Q6, why does the calculation for the purchase price have an extra 6 in it ?

phi
 one year ago
Best ResponseYou've already chosen the best response.0the top should be amount received  amount paid

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0Exactly but i don't know with the choices what it could be?

phi
 one year ago
Best ResponseYou've already chosen the best response.0amount paid is "initial investment" when you multiply # of shares * price you get how much you paid. to then multiply by 6 is wrong.

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0so it would be that he multiplied his initial amount incorrectly

phi
 one year ago
Best ResponseYou've already chosen the best response.0yes, that makes the most sense.
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