Type the number

Exercise and reference answers

Questions

1. Answer

   36

   Question

   Periods in a three year monthly car loan

2. Answer

   12

   Question

   Periods used per year for monthly payments

3. Answer

   15

   Question

   Interest billed on 1000 at 1.5 percent a month

4. Answer

   8

   Question

   Percent by which an annuity due beats an 8 percent ordinary one

5. Answer

   80

   Question

   Value today of an 8 dividend at a 10 percent required return

6. Answer

   1

   Question

   Extra periods separating an annuity due from an ordinary one

Instructions

Type the number only.

Explanation