Question: PLEASE ANSWER WITHIN THE HOUR: Make sure the calculator is set up where you can see the answer 9 places after the decimal (example: 5.674567889)

PLEASE ANSWER WITHIN THE HOUR: Make sure the calculator is set up where you can see the answer 9 places after the decimal (example: 5.674567889)

1.How much would you have to put in the bank today, if you wanted to have $10,000 after 5.5 years if you earned 5.5% compounded daily?

2.What would be the monthly payment on a 5 year loan of $30,000 if the interest rate is 6.0% compounded monthly?

3.)Each stock's rate of return in a given year consists of a dividend yield (which might be zero) plus a capital gains yield (which could be positive, negative, or zero). Such returns are calculated for all the stocks in the S&P 500. A simple average of those returns (which gives equal weight to each company in the S&P 500) is then calculated. That average is called the return on the S&P Index, and it is often used as an indicator of the return on the market. TRUE OR FALSE?

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