Compute the present value of a debt

Assignment Help Finance Basics
Reference no: EM131546236

1. Compute the present value of a debt of $708.13 eighty days before it is due if money is worth 5.3%.

2. When Edgar borrowed $2300, he agreed to repay the loan in two equal payments, to be made 90 days and 135 days from the day the money was borrowed. If interest is 9.25% on the loan, what is the size of the equal payments if a focal date of ‘date of issue' is used?

3. What is the future value of a $230 promissory note if issued on July 18, 2013, at 7.5% for 101 days?

4. Mr. Doss borrowed $15,000 on August 12. He paid $6000 on November 1, $5000 on December 15, and the balance on February 20. The rate of interest on the loan was 10.5%. How much did he pay on February 20th?

5. The maturity value of a seven-month promissory note issued July 31, 2009 is $3275. What is the present value of the note on the date of issue if interest is 7.75%?

Reference no: EM131546236

Questions Cloud

How does the sharing economy affect an industry : How can social media be use to successfully market a business? How does the sharing economy affect an industry (AirBnB in the hospitality industry)?
What is the price of the stock today : Required: If the required return is 14 percent, what is the price of the stock today?
Evaluate how the use of force was applied in this situation : Evaluate how the use of force was applied in this situation with regard to White's attempt to flee the scene and Green's physical assault of Officer Newbie.
Evaluation of the organisations competitive edge : MKT306 - Marketing Strategy and Provide a critical evaluation of the organisation's competitive edge (USP) over other brands in the marketplace.
Compute the present value of a debt : 1. Compute the present value of a debt of $708.13 eighty days before it is due if money is worth 5.3%.
Possible to earn on the dividend payments : Ignoring the interest that it might be possible to earn on the dividend payments, find the fair value for the futures if the current value of the index.
Analyze how this application lends itself to a solution : Analyze how this application lends itself to a solution that is superior to that offered by one of the ethical theories that you did not select.
The 10 tell-tale signs of deception : One of our reading for this week is "The 10 Tell-Tale Signs of Deception." Imagine you are interviewing someone you suspect of committing a fraud.
Calculate mitsubishi cash conversion cycle : Calculate Mitsubishi's cash conversion cycle. Assuming Mitsubishi holds negligible amount of cash and market securities, calculate its total assets turnover.

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

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