Ricky ripovs pawn shop charges an interest rate of 1375
Ricky Ripov's Pawn Shop charges an interest rate of 13.75 percent per month on loans to its customers. Like all lenders, Ricky must report an APR to consumers. What rate should the shop report?
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a runner of the 100m dash aims to achieve a 10sec time. he accelerates to his final cruising speed in the first 10m. what is his final cruising speed
After a 0.800 nm x-ray photon scatters from a free electron, the electron recoils with a speed equal to 1.32E+6 m/s. Through what angle was the photon scattered
Under these assumptions, how much can you spend each year after you retire? Your first withdrawal will be made at the end of your first retirement year.
A bank issues a standard 30-year fixed rate mortgage at 7.8% for $150,000. Thirty-six months later, mortgage rates jump to 13%. If the bank sells the mortgage, how much of a loss is incurred?
Of the various ways to determine the cost of capital, which is the most difficult to get right? Explain your rationale.
For what reasons should the percentage of completion method be used over the completed contract method whenever possible?
What role do transaction costs play in bond transactions?
Ignoring taxes, how long would it take double your money at a simple rate of 14 percent, compounded annually?
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