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Thom owes $4,600 on his credit card. The credit card carries an APR of 17.1 percent compounded monthly. If Thom makes monthly payments of $130 per month, how long will it take for him to pay off the credit card assuming that he makes no additional charges?
An owner of a small business borrows $785,000 at 6.9% annual compound interest. The loan is to be repaid over a 7-year period using the four possible repayment.
The nominal fee interest rate in your account is 7% your semi-annually rate of interest APY will be?
Critically discuss how risk appetite and risk culture could be established, communicated, and monitored throughout modern organisations.
Conduct research to determine the impact of the Sarbanes-Oxley Act (SOX), Generally Accepted Accounting Principles (GAAP), Generally Accepted Auditing Standards (GAAS).
A stock produced returns of 11 percent, 19 percent, and 2 percent over three of the past four years, respectively. The arithmetic average for the past four years is 9 percent. What is the standard deviation of the stock's returns for the four-year..
local co. has sales of 10 million and cost of sales of 6 million. its selling general and administrative expenses are
Determine the implied growth duration of Kayleigh Industries given following:
Firm is contemplating the purchase of a new machine costing $570,000. The machine will be depreciated straight line to zero over its five-year life.
(Complex annuity) Upon graduating from college 35 years ago, Dr. Nick Riviera was already thinking of retirement. Since then, he has made deposits.
A man walks into a New York City bank and asks for a $5000 loan; provide his Ferrari, worth $250,000 as collateral. He says loan officer that he requires the money for two weeks for an important venture.
Which one of the following is a direct bankruptcy cost?
a) Compute the expected rate of return for BMT. b) Compute the expected rate of return for AWM.
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