Use the example above and fill in the missing values.
consider a three-year loan (so we'll assume the numbers 1 through 36) for $5,000 with interest at 10% per year. using
standard amortization, the monthly payment is $161.33. in this example, we will not worry about exact or ordinary
interest because the total interest to be paid is $808.13.
after the fifth month, the borrower decides to prepay the whole loan. under a standard amortization plan the borrower
would have paid $198.28 in cumulative interest. however, using the rule of 78 a lender would calculate the fraction of
the total interest based on two series:
{(n+35)+(n+34)+n+33)+(n+32)+(n+31)]
{(n)+(n+1)++(n+35))

Why might a business based on a fad be a good idea? question 2 options: fads bring in the most customers. some fads are longer lasting than expected. fads have made some business owners incredibly wealthy. fads can take a business in a new direction.

Dr. sperry, a biologist, is using excel to track growth rates of different populations of bacteria. she has a very complex formula in one cell. it begins with “round”. dr. sperry would like to see exactly how excel’s calculation reached the final rounded value that she sees in the cell. what could dr. sperry do to best understand how the calculation was made? try different formulas on her own until she reaches the value shown in excel click on the evaluate formula button in the formulas tab and then click “step in” select the cell and then look at the formula in the formula field of the ribbon remove “round” from the formula in order to see the actual value before rounding

Bond j has a coupon rate of 6 percent and bond k has a coupon rate of 12 percent. both bonds have 14 years to maturity, make semiannual payments, and have a ytm of 9 percent. a. if interest rates suddenly rise by 2 percent, what is the percentage price change of these bonds?