APR of Loan
When you take out an $8,000 car loan that calls for 48 monthly payments of $225 each, then what is the APR of loan?
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Let ROI is 12%Monthly int rate is 1%pm(1+1/100)^48 = 37.9737.97*225=8543Loan amt is 8000 and amt paid is 8543Therefore int paid is 543Now i don’t know exactly but it may be like this543/8000*12/48*100=.17%
Explain the term Option Trading Strategies?
Which data is the most suitable for finding betas?
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Calculated betas give different information if they are acquired by using weekly, monthly or daily data.
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What is the expected return for a portfolio consisting of 200 shares of Nike, 200 shares of Home Depot, and 400 shares of Intel if their expected returns are 10%, 8% and 12% respectively, and their current prices are $25, $50, and $25 per share respec
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