The Martin’s have obtained a 30-year amortized loan for $80,000 at 10%. The monthly debt service (payment) is $702.06. How much interest is paid during the 30 years?

Which statement best defines tuition? tuition is federal money awarded to a student. tuition is aid given to a student by an institution. tuition is money borrowed to pay for an education. tuition is the price of attending classes at a school.

You hold a diversified $100,000 portfolio consisting of 20 stocks with $5,000 invested in each. the portfolio's beta is 1.12. you plan to sell a stock with b = 0.90 and use the proceeds to buy a new stock with b = 1.50. what will the portfolio's new beta be? do not round your intermediate calculations.

Experienced problem solvers always consider both the value and units of their answer to a problem. why?