User Account

All Pages

Calculate your loan repayments correct

Assignment Help Accounting Basics
Reference no: EM132595894

Question - You borrowed $219,371 to buy a property and the bank applied an interest rate of 8.21% p.a compounding monthly. Your loan was approved over 7 years.

Calculate your loan repayments correct to the nearest dollar.

You pay $750 per month into a bank account paying 8%pa compounding monthly. How much will this be worth in 5 years time?

Reference no: EM132595894

Questions Cloud

How evaluate project desirability using net present value : If the required rate of return is 12%, evaluate the project's desirability using The net present value method and The profitability index method
Explain what is the capital structure of a company : Problem 1:Explain what is the capital structure of a company.
How much goodwill amortization should she recognized : Tocoa believes that most of her acquisitions payoff for at least 20 years. How much goodwill amortization should she recognized for this year
Calculate the firm for cost of preferred stock : Calculate the firm's for Cost of preferred stock and Cost of retained earnings. The company capital structure at market value comprises bond $10,000; preferred
Calculate your loan repayments correct : You borrowed $219,371 to buy a property and the bank applied an interest rate of 8.21%, Calculate your loan repayments correct
Determine the required return for the shares : Using the equation of the capital asset valuation model (CAPM), determine the required return for the shares of the following companies, if the market return
Make all necessary journal entries and calculate amount : Make all necessary journal entries and calculate amount of accounts receivable in the balance sheet of Starlight Inc before and after write-off of uncollectible
What you know about the cost of accounting : Based on what you know about the cost of accounting, internal control, and basic management, should this number be 99%? Why? Please answer question in detail
Solve amount of accounts receivable in the balance sheet : Solve amount of accounts receivable in the balance sheet of Starlight Inc. before and after write-off of uncollectible accounts as at December 31, 2017.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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