Question
1)if you buy a municipal bond with a face value of $11,000 and a coupon rate of 6% , paid semiannually, and hold it to
1)if you buy a municipal bond with a face value of $11,000 and a coupon rate of 6% , paid semiannually, and hold it to its maturity date in 10 years, what amount will you receive back in 10 years?
2)What is the ROI on an empty lot purchased for $32,000 that is taxed at a rate of $320/year for seven years and then sold for $89,600?
3)Using leverage, what is the ROI on a $260,000 investment purchased with a bank loan and a $40,000 down payment if you have used sweat equity to improve its value by $26,000?
4) Using leverage, what is the ROI on a $100,000 investment purchased with a bank loan and a $20,000 down payment if you have used sweat equity to improve its value by $10,000?
5)If you work for a company that will match $2 for every $2 you contribute to your retirement plan up to 6% of your salary of $44,000, what is the maximum amount of free money from the company that you can earn this year?
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