University of Phoenix Accounting Worksheet

1) Fitsport’s television ads say you can get a fitness machine that sells for \$999 for \$33 a monthfor 36 months. What APR are you paying on this fitness machine loan? (10 points)
2)
Dr. Frank was already thinking of retirement when he graduated university 35 years ago.
Since then, he has made deposits into his retirement fund on a quarterly basis in the amount
of \$600. Memon has just completed his final payment and is at last ready to retire. His
retirement fund has earned a 11 percent APR compounded quarterly. a. How much has
Memon accumulated in his retirement account? b. In addition to his deposits 20 years ago,
Memon received an inheritance check for \$22,500 from his beloved uncle. He decided to
deposit the entire amount into his retirement fund. What is his current balance in the fund? (20
points)
3. Below you have been provided historical prices for Daimler AG and the DAX index. (30
points)
2018
February
€ 68.97
€ 12,096.7
March
65.50
12,612.1
April
61.68
12,604.9
May
55.13
12,306.0
June
59.15
12,805.0
July
55.70
12,364.1
August
54.35
12,246.1
September
52.36
11,447.5
October
49.70
11,257.2
November
45.91
10,559.0
December
51.66
11,173.1
January
52.66
11,515.6
February
50.75
11,543.5
2019
a. Calculate the monthly holding-period returns for Daimler and the DAX Index. (10 points)
b. What are the average monthly returns and standard deviations for each? (5 points)
c. Graph the Daimler returns against the DAX Index returns. (5 points)
d. Use a spreadsheet to compute the slope of the characteristic line. (5 points)
e. Interpret your findings. (5 points)
Page | 1
Page | 2

Pages (275 words)
Standard price: \$0.00
Client Reviews
4.9
Sitejabber
4.6
Trustpilot
4.8
Our Guarantees
100% Confidentiality
Information about customers is confidential and never disclosed to third parties.
Original Writing
We complete all papers from scratch. You can get a plagiarism report.
Timely Delivery
No missed deadlines – 97% of assignments are completed in time.
Money Back