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What is the monthly repayment of a fully amortising $500,000 mortgage which costs 6% p.a. for 20 years? Select one: a. $3,582.16 b. $3,258.16 c.
What is the monthly repayment of a fully amortising $500,000 mortgage which costs 6% p.a. for 20 years? Select one: a. $3,582.16 b. $3,258.16 c. $3,582.61 d. $3,825.16 Evaluating the performance of funds by a risk-adjusted return is an important foundation of finance. Given a return of a fund Rp of 15%,Rf of 1.5% and portfolio risk Sp of 10 , what is the Sharpe Index/Ratio? We shall review the concept of risk-adjust returns in the Workshop. Select one: a. 1.25 b. 1.53 c. 1.35 d. 1.34 According to the Superannuation Guarantee Scheme, what % of annual salary as a minimum must be contributed into a nominated super fund? Select one: a. 10% b. 8.5% c. 9.5% d. 9% Which annuity formula should be used to estimate the amount accumulated by super contributions? Select one: a. PV of ordinary growing annuity b. FV of ordinary growing annuity c. FV of ordinary annuity d. PV of ordinary annuity
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