Reference no: EM132481476
Suppose that on January 1 you have a balance of ?$3300 on a credit card whose APR is 17?%, which you want to pay off in 1 year. Assume that you make no additional charges to the card after January 1.
a. Calculate your monthly payments.
b. When the card is paid? off, how much will you have paid since January? 1?
c. What percentage of your total payment from part? (b) is? interest?
a. The monthly payment is ?$__.
?(Do not round until the final answer. Then round to the nearest cent as? needed.)
b. The total paid since January 1 is ?$__
?(Use the answer from part? (a) to find this answer. Round to the nearest cent as? needed.)
c. The percentage of the total paid that is interest is __?%.
?(Use the answer from part? (b) to find this answer. Round to one decimal place as? needed.)
|
How much money will you have when you retire
: Assuming that you earn a 10% return on your investment, compounded annually, how much money will you have when you retire?
|
|
Find the diluted earnings per share
: Find the "diluted earnings per share". found "diluted earnings per common share", which was $3.5 million, so is that the same thing?
|
|
Calculate monthly payments
: Suppose that on January 1 you have a balance of ?$3300 on a credit card whose APR is 17?%, which you want to pay off in 1 year. Assume that you make no addition
|
|
Assess the performance of the underwriting
: If you were the CFO of the issuing company, how you would assess the performance of the underwriting firm in carrying out its job?
|
|
Calculate monthly payments
: Suppose that on January 1 you have a balance of ?$3300 on a credit card whose APR is 17?%, which you want to pay off in 1 year. Assume that you make no addition
|
|
Determine state the related key management assertion
: Write 4 complete substantive procedures for ABC. For each audit procedure, be clear in the type of procedure e.g. tracing, vouching, observing, scanning
|
|
What is the depreciation tax shield
: A machine which costs $140,000, and requires $29,000 in maintenance for each year of its 5 year life. After 3 years, this machine will be replaced.
|
|
How growth expectations would be factored into the analysis
: Suppose company A has just paid $2 in dividends and company B just paid $2.50 in dividends; which company do you think will have a higher stock price?
|
|
Record the receipt of the returned merchandise the home
: To record the receipt of the returned merchandise the home office should make the following entry, Merchandise shipped to a branch for 30,000
|