Question
Please Answer all question please don't answer just one question if you can't all. Answer all please. 6 . Exxon Mobil has preferred shares with
Please Answer all question please don't answer just one question if you can't all. Answer all please. 6. Exxon Mobil has preferred shares with a yield of 5.14%. If the quarterly dividend is $1.92, what is the value of a share? 7. You have accumulated $1,145 in debt by buying things on Amazon during quarantine. The minimum monthly payment is $22, If you make only the minimum payment, it will take you 94 months to pay it off. How much total interest will you pay? 8. You are buying a house and will take out a 30-year mortgage of $577,105. If the interest rate is 4.33% per year, what will be your monthly payment? 10. You will invest $209.86 per month. If your investment will grow to $17,955.73 in 5 years, how much total interest did you earn? 11. Annuity A and B are exactly the same except that annuity A has an interest rate of 4% and annuity B has an interest rate of 5%, which one has the higher present value?
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