A company borrows 150000 which will be paid back to the

Reference no: EM13617571

A company borrows $150000, which will be paid back to the lender in one payment at the end of 5 years. The company agrees to pay yearly interest payments at the nominal annual rate of 6% compounded yearly. At the same time the company sets up a sinking fund in order to repay the loan at the end of 5 years. The sinking fund pays interest at an annual nominal interest rate of 1% compounded yearly. Find the total amount of the yearly payments, that is, the sum of the interest payment and the sinking fund payment. Total yearly payment = $

Reference no: EM13617571

Questions Cloud

The wingspan tip-to-tip of a boeing 747 jetliner is 59 m : the wingspan tip-to-tip of a boeing 747 jetliner is 59 m. the plane is flying horizontally at a speed of 300 ms. the

Apply the black-scholes option valuation model to solve the : apply the black-scholes option valuation model to solve the following problems. p1. a stock sells for 30. what is the

Ateam at 5 bar 320 c enters a steady state turbine with a : ateam at 5 bar 320 c enters a steady state turbine with a volumetric flow rate of 0.65m3s and evpands adiabatically to

The computer-science aptitude score x and the achievement : the computer-science aptitude score x and the achievement score y measured by a comprehensive final were measured for

A company borrows 150000 which will be paid back to the : a company borrows 150000 which will be paid back to the lender in one payment at the end of 5 years. the company agrees

What is the electric field amplitude associated with the : what is the electric field amplitude associated with the light from a red laser pointer? assume power0.10mw with a

Consider the following bivariate : consider the following bivariate data.pointabcdefghijx5346626241y5122213612calculat enbspsxnbspandnbspsy. give your

An unstable particle at rest breaks up into two fragments : an unstable particle at rest breaks up into two fragments of unequal mass. the mass of the lighter fragment is equal to

Triplin corporations marginal tax rate is 35 it can issue : triplin corporations marginal tax rate is 35. it can issue 10-year bonds with an annual coupon rate of 7 and a par

User Account

All Pages