User Account

All Pages

Determining the rate of interest of brother

Assignment Help Finance Basics
Reference no: EM132641852

My uncle borrowed 5,000 bolivars (B5,00) from his brother in Caracas, Venezuela. He promised to repay the loan in two annual installments of B3,000 each. What rate of interest is he paying his brother?

Reference no: EM132641852

Questions Cloud

Discuss the idea of considerate products : Discuss the idea of considerate products. What design values go into designing considerate products? Choose two design values that you feel are most important.
Calculate the new balances in the general ledger accounts : Calculate the new balances in the general ledger accounts. Create an adjusted trial balance from the balances in the general ledger accounts
Make the adjustment for the amount of pre-paid rent : Calculate and make the adjustment for the amount of pre-paid rent that has been used. Make an adjusting journal entry in the amount of $1,000 for depreciation
Calculate the balances in the general ledger accounts : Calculate the balances in the general ledger accounts. (Use an Excel spreadsheet or a printing calculator, and run the numbers several times for accuracy.)
Determining the rate of interest of brother : My uncle borrowed 5,000 bolivars (B5,00) from his brother in Caracas, Venezuela. He promised to repay the loan in two annual installments of B3,000 each.
Find How much Mr Heffernan need to save on a monthly basis : Find How much does Mr. Heffernan need to save on a monthly basis? Assuming that he could invest his savings at a portfolio that earns 4% per year
Determine the annual interest rate on the debt contracts : An installment loan for $2,000 that has monthly payments of $66 for the 36 months and an additional balloon payment of $150 in the last month.
Which double-entry accounting is characterized : Double-entry accounting is characterized by which of the following? The number of debit entries posted to the general ledger equals the number of credit entries
Which is occurred on baltic books as a result of transaction : On June 18, Baltic Arena paid $6,600 to Marvin Maintenance, Inc., Which is occurred on Baltic's books as a result of this transaction?

Reviews

Write a Review

Finance Basics Questions & Answers

  What is the operating cash flow

The tax rate is 35%. What is the operating cash flow (in year 1, 2, 3, and 4 separately) for this project?

  Understanding of the main concepts in business finance

BAFI1012 Business Finance - Singapore Inst of Management - Business Finance and analyse financial statements to make some ‘real' business decisions

  What happens assuming two subsequent future possibilities

To provide a better matching of the interestsensitivities of your assets and liabilities, you want to lengthen the duration of the bonds. How could you use swaptions to restructure the debt? Explain what happens assuming two subsequent future poss..

  How would the present value of the net benefits change

How would the present value of the net benefits change if the social rate of 15% (you can use Excel to do calculations) then upload to MS Word.

  Pearson brothers recently reported an ebitda of 75 million

pearson brothers recently reported an ebitda of 7.5 million and net income of 1.8 million.?it had 2.0 million of

  What is the value of the firm according to mm

Your firm has debt worth $200,000, with a yield of 9%, and equity worth $300,000. It is growing at a 5% rate, and its tax rate is 40%. A similar firm with no debt has a cost of equity of 12%. What is the value of the firm according to MM with corp..

  Different types of financial transactions

Discuss risks involved in the different types of financial transactions we have discussed throughout the course.

  What are the weights of apple and costco

If you hold a portfolio composed of Apple stocks and Costco stocks and you have 100 shares of Apple and 200 shares of Costco. Apple stocks are trading at $189 per share and Costco stocks are trading at $112 per share. What are the weights of Apple..

  What budget procedure would allow him to do that

Suppose that when he took office in January 2009, President Obama wanted to reduce the level of spending by the Drug Enforcement

  Investment at least doubles in value

If the annual interest rate is 8%, how long would you have to wait before a $12,500 investment at least doubles in value?

  What is prepayment risk

What is prepayment risk? How does prepayment risk affect the cash flow stream on a fully amortized mortgage loan?

  Find the three day value at risk for the portfolio

A portfolio consists of $450,000 in Google stock and $600,000 in Disney stock. Volatility on a daily basis are 2.2 % and 1.4% respectively with a correlation.

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