User Account

All Pages

Effective rate using compound interest rate method

Assignment Help Business Management
Reference no: EM131089150

Mr Jorgee Klouni borrowed $160,000 from the bank with terms requiring that the loan be repaid in equal installments every month over a period of five years with a quoted interest rate of 5.75 percent. Compute the effective rate using the compound interest rate method.

A. 12.59%

B. 13.09%

C. 13.59%

D. 14.09%

Reference no: EM131089150

Questions Cloud

Negative and positive balance of trade : Explain the difference between negative and positive balance of trade. What make each one of them Unique?
List different methods used in a needs assessment : List different methods used in a needs assessment. Choose one method discussed in the text and provide the pros and cons of the method.
What is the npv of the lease : The copier wouldcost $8,100 to buy and would be depreciated using the straight-linemethod to zero salvage over nine years. The firm can borrow at arate of 8%. The corporate tax rate is 30%. What is the NPV of the lease?
Stages of venture capital financing : What is the after-tax cash flow from leasing relative to the after-tax cash flow from purchasing in year 0? Discuss the stages of venture capital financing and define each in detail.
Effective rate using compound interest rate method : Mr Jorgee Klouni borrowed $160,000 from the bank with terms requiring that the loan be repaid in equal installments every month over a period of five years with a quoted interest rate of 5.75 percent. Compute the effective rate using the compound ..
Describe how developed survey and interviewed participants : Identify and interview five employed people about their current level of job satisfaction. Identify the top three factors that impact their responses (e.g., poor pay, fair working conditions, or finding meaning in work).
After-tax cash flow : What would the after-tax cash flow in year three be if the asset had a residual value of $1,000 (ignoring any possible risk differences)?
Problem regarding the interest payments : You want to know how many more interest payments you would be receiving, but the party selling the bond cannot remember. Can you determine how many more interest payments you would receive if you purchased this bond?
Why should you engage in community organization : WHAT DOES IT MEAN TO ORGANIZE FOR COMMUNITY CHANGE? WHY SHOULD YOU ENGAGE IN COMMUNITY ORGANIZATION?

Reviews

Write a Review

Business Management Questions & Answers

  Describe the artifacts that define the culture at southwest

describe the artifacts that define the culture at southwest airlines.using the internet library andor personal

  What can you do to reduce the space used on the san

You are an administrator for the Contoso Corporation. You have several virtual machines running on Hyper-V that get their disk space from a local SAN. The SAN is running out of disk space. What can you do to reduce the space used on the SAN

  Explain whether or not you believe which the degree

After reviewing the range of earnings across various jobs on salary.com, it should be clear which income disparity in our economy is considerable. Explain whether or not you believe which the degree of variation is justified. Explain your rational..

  How well does social exchange theory explain trust

How well does Social Exchange Theory explain trust and What other perspectives could there be to understand trust?

  Explain the difference among primary and secondary research

Explain What is the difference between primary and secondary research and Under what circumstances might the availability of secondary data make primary research unnecessary?

  Evaluate a specific unethical act by the business community

Evaluate a specific unethical act by the business community with which you are familiar such as theEnron collapse, the Madoff scheme or the Wall Street mortgage banking scandals etc

  Legal and ethical considerations for user generated content

Examine YouTube's legal response to allegedly legal abuses of copyright and intellectual property rights, and evaluate each in terms of ethical practices in digital age.

  Employee competence and accountability

employee competence and accountability measurements-measuring employee competence in order to impact accountability

  Evaluating effectiveness of training programswhat methods

evaluating effectiveness of training programswhat methods may be used for evaluating the effectiveness of a training

  What other personality assessments may be important

Compare and contrast the Big Five Theory of Personality with Myers Briggs MBTI, Why is it important to understand personality types

  Calculate the mean drying time

The drying rate in an industrial process is dependent on many factors and varies according to the given distribution.

  Explain why housing prices vary from city

Describe why housing prices vary from city to city and describe how supply and demand affect the prices of the homes and be sure to show your work.

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