Basic amortization or present value

Assignment Help Finance Basics

Reference no: EM1334307

1. Find the payment necessary to amortize a 8% loan of $2400 compounded quarterly, with 12 quarterly payments.

2. Find the present value of an ordinary annuity which has payments of $1800 per year for 14 years at 8% compounded annually.

Reference no: EM1334307

Questions Cloud

Loan amortization schedule and determining interest rate : What is a loan amortization schedule? How would you use it to determine your loan interest rate?

Describing the economic growth : Why is economic growth important? Why could the difference between the 2.5 percent and 3 percent annual growth rate be of great significance over many decades?

Cvp relationships are unimportant in nonprofit organizations : CVP relationships are unimportant in nonprofit organizations. Do you agree? Explain?

Explain shifting of the engineering and design capabilities : Explain Shifting of the engineering and design capabilities outside the companies and away from the domestic clusters of competency

Basic amortization or present value : Find out the payment necessary to amortize the 8% loan of $2400 compounded quarterly, with 12 quarterly payments.

Explain consumer behavior in technology markets : Explain Consumer behavior in technology markets and How does consumer behavior in technology markets affect marketing

Decision-making techniques and steps for effective decision : Based on what you know about decision-making techniques, describe the steps ZebraRuns should take to make an effective decision.

Determining money and interest rate : What major economic indicators would you examine if you were planning to make the large purchase and required a loan. Buying a new car, business equipment or house?

Explain about identify one modern technology : Explain about Identify one modern technology and In what ways has this technology changed the way you live from both a positive and negative perspective

User Account

All Pages