Maurice Tutor

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$15/per page/Negotiable

About Maurice Tutor

Levels Tought:
Elementary,Middle School,High School,College,University,PHD

Expertise:
Algebra,Applied Sciences See all
Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 398 Weeks Ago, 2 Days Ago
Questions Answered: 66690
Tutorials Posted: 66688

Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Computer Science Posted 28 Aug 2017 My Price 6.00

Stadium Capital Financing Group

A sports mortgage is the brainchild of Stadium Capital Financing Group, a company headquartered in Chicago, Illinois. It is an innovative way to finance cash-strapped sports programs by allowing fans to sign up to pay a “mortgage” over a certain number of years for the right to buy good seats at football games for several decades with season ticket prices locked in at current prices. In California, the locked-in price period is 50 years. Assume UCLA fan X purchases a $130,000 mortgage and pays for it now to get season tickets for $290 each for 50 years, while fan Y buys season tickets at $290 in year 1, with prices increasing by $20 per year for 50 years. ( a ) Which fan made

the better deal if the interest rate is 8% per year? ( b ) What should fan X be willing to pay up front for the mortgage to make the two plans exactly equivalent economically? (Assume he has no reason to give extra money to UCLA at this point.)

Answers

Maurice Tutor
(5)
Status NEW Posted 28 Aug 2017 04:08 PM My Price 6.00

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