Calculate the ?nal payment

Assignment Help Business Economics
Reference no: EM133066542

A debt of $13 an is to be repaid in annual installments of $3000 with the first installment due at the end of the second year and a ?nal installment at less than $3000. Interest is 9% per year compounded annually. Calculate the ?nal payment.

Reference no: EM133066542

Questions Cloud

How has the old age survivors insurance tax changed : How has the Old Age Survivors Insurance Tax changed over time? Why is military spending so expensive?
What price does firm charge customers : A firm has $1.6 million in sales, a Learner index of 0.55, and a marginal cost of $45, and competes against 1000 other firms in its relevant market.
What is the interest : On a $1,000,000 principal, 91-day investment, what is the interest payable if we use an Actual/365 basis? What is the interest if the basis is Actual/360
Why these specific certifications may be best for you : Discuss with the group why these specific certifications may be best for you as you pursue your career future.
Calculate the ?nal payment : A debt of $13 an is to be repaid in annual installments of $3000 with the first installment due at the end of the second year and a ?nal installment at less tha
What is the value of the stock in the asset section : The stock is worth $1,200,000 at end of ALL CAPS U fiscal year (9/30/2021). What is the value of the stock in the asset section of ALL CAPS U as of 9/30/2021
Registered education savings plan : Mr. and Mrs. Friedrich have just opened a Registered Education Savings Plan (RESP) for their daughter. They want the plan to pay $3000 at the beginning of each
Learned about the global supply chain living : What Have We Learned About the Global Supply Chain Living through the Pandemic? As of today is it getting worse? why or why not?
Determine the weighted average cost of capital for CGI : The Clarendon based company, We Know Capital Limited (WKC), Determine the weighted average cost of capital for CGI

Reviews

Write a Review

Business Economics Questions & Answers

  Economics assignment

This document contains various important questions and their appropriate answers in the subject field of Economics.

  Demand and supply curves

Economics is the study of the principles governing the allocation of scarce means among competing ends when the objective of the allocation is to maximize the attainment of the ends.

  Long-run perfectly competitive equilibrium for the firm

Evaluate Government intervene and correct this situation?(a) Explain the concept of a concentration ratio. A rise in the price of magarine Explain the impact of external costs and external benefits on resource allocation long-run perfectly c..

  Supply and demand diagrams

Explain each of the following using supply and demand diagrams,  With the use of a graph, explain how these two programs affect cigarette consumption and the price of cigarettes.

  Case study: fisher-price toys

The case study of the Fisher-Price Toys, Inc., a popular case in basic economics and management from the prestigious Harvard Business School.

  Draw the production possibility curve

Draw the production possibility curve and a. Define consumer surplus and producer surplus.

  Tax revenue

The Australian government administers two programs that affect the market for cigarettes

  Maximize total welfare

How many tickets to sell to maximize total welfare.

  Difference between the cv and the ev

The change in consumer surplus (?CS) is not "theoretically" justifiable like the CV and EV but it continues to be the most widely used measure of consumer welfare change. Explain how this can be reconciled

  Depict von neumann-morgenstern utility index u in a diagram

Depict the von Neumann-Morgenstern utility index u in a diagram

  What is the market solution

What is the market solution (market price and quantity) and What is the total surplus of the society under the market solution

  Calculate gross national product and net national product

Calculate gross national product and net national product

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd