Tutors Answer Your Questions about Finance (FREE)
Question 1150478: The multiple regression formulas used to estimate the regression coefficients are designed to ________________.
minimize the sum of squares of error (SSE)
minimize the total sum of squares (SST)
maximize the p-value for the calculated F value
minimize the mean error
maximize the standard error of the estimate
Click here to see answer by amarjeeth123(569) |
Question 1150723: The diameter AD of a circle is perpendicular to side BC of the equilateral triangle ABC with D lying on BC. If the length of BC is 4, find the area of the shaded part of the circle that is outside the triangle. (Sorry if you see double of this question! I forgot to include a diagram)
https://imgur.com/2pXi73q
Click here to see answer by greenestamps(13200)  |
Question 1150474: When additional independent variables are added to a simple linear regression, the coefficient of determination, R2 may __________.
A)decrease or stay the same
B)stay the same
C)become negative
D)increase or stay the same
Click here to see answer by MathLover1(20849)  |
Question 1151154: Antonia receives a $10,000 benefit payment at the end of each year. She can invest these payments in an account yielding 4% interest, compounded annually. Assuming she just received this year’s payment, what is the present value of her next five payments?
A.
$20,352
B.
$41,253
C.
$44,518
D.
$44,815
Click here to see answer by MathLover1(20849)  |
Question 1149505: Donald Gilmore has $100,000 invested in a 2-stock portfolio. $60,000 is invested in Stock X and the remainder is invested in Stock Y. X's beta is 1.50 and Y's beta is 0.70. What is the portfolio's beta?
Select the correct answer.
a. 1.14
b. 1.16
c. 1.20
d. 1.22
e. 1.18
Click here to see answer by math_helper(2461)  |
Question 1151282: Christy goes on a road trip; her car gets 26 miles per gallon (mpg) and gas costs $3.12 per gallon. Let
n
represent the number of miles Christy has traveled since she started driving.
Suppose Christy has traveled 175 miles (
n
=
175
) since she started driving.
How many gallons of gasoline has Christy used since she started driving?
What is the cost of the gasoline that Christy has used since she started driving?
Write an expression in terms of
n
that represents the number of gallons of gasoline Christy has used since she started driving.
Click here to see answer by josgarithmetic(39617) |
Question 1151429: The rule for multiplication or division is that the product or quotient should not have more __________ than the number with the least amount of _______.
a) significant figures; significant figures
b) decimals; decimals
c) place values; place values
d) zeros; zeros
Click here to see answer by MathLover1(20849)  |
Question 1151435: Victor would like to buy his first car and the one he has his eye on is $25,000 plus an extra 13% HST for a total price of $28,250. The dealership has a deal for 0% down payment and charges 2.89% interest on the loan. Victor plans to make car loan payments weekly and has accepted the maximum loan repayment period of 8 years.
How much will his weekly care loan payment be?
How much will he have paid to the dealership by the time his loan is paid off?
How much interest will be paid?
Click here to see answer by addingup(3677)  |
Question 1151433: Anna also wants to travel after graduation but she isn’t working while in school so she won’t be able to put money aside regularly. However, her grandmother gave her the generous gift of $2500 for her birthday and suggested she invest it in a GIC because it’s low risk. She shopped around and found a 4 year GIC investment that earns 2.4% interest annually.
How much will Anna have at the end of her four year investment?
How much interest will be earned?
Click here to see answer by Alan3354(69443)  |
Question 1151432: It took her 9 more months but Marina has managed to save the full $750 plus more to cover fees to pay off the pay-day loan company. However, she forgot to account for the interest that had been compounding over time. Consider it is now 275 days later, the remaining loan was $750 and the APR is 47% compounded daily.
What is the total amount that Marina must now pay in order to pay off her the loan, accounting for interest?
What is the total amount of interest paid (not including fees)?
Click here to see answer by Theo(13342)  |
Question 1151434: Anna was pretty disappointed with how little money she would have and so she started looking at other investment options that involve higher risk but would also offer more possible return. Her bank’s financial advisor suggested a mutual fund the she said was only moderately risky but had a record of 9.5% annual return.
Assuming the mutual fund preformed as well as it has in the past, how much would Anna’s investment of $2500 potentially be after 4 years if she decided to go with this option?
How much interest will be earned?
Click here to see answer by Theo(13342)  |
Question 1151431: The end of the month has arrived and Marina was only able to save up $150 to pay off her pay-day loan of $900. This means she will have to delay payment on the remaining $750. Besides the delayed payment fee that she is charged, she will now have to pay interest on the remaining amount. The APR (annual percentage rate) is 47%, but the interest is compounded daily.
What is the effective interest rate that Marina will actually be paying?
Click here to see answer by Theo(13342)  |
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