User Account

All Pages

Find the payment period

Assignment Help Accounting Basics
Reference no: EM132596035

Question - You want a housing loan for construction of a house. Estimated construction cost is Rs. 20 lakhs. You can contribute Rs. 4 lakhs from your own savings and remaining you need to get it financed from a bank @ 8% per annum for 10 years. 2. The monthly installment as per the above conditions is not suitable and does not fit in your budget. The maximum what you can pay is Rs. 18000 per month. You are ready to increase the payment period. Find the payment period that fits your budget (assuming all conditions remain same).

Reference no: EM132596035

Questions Cloud

Non-interest-bearing account : You have recently worked out a line of credit arrangement that allows you to borrow up to $50 million at anytime.
Briefly explain the policy or regulation you selected : With evolving technology and continuous changes to regulations designed to keep up these changes, there is usually a need to share information and expertise.
Determine the value of the closing inventory : Prepare the Marginal Income Statement and the Absorption Income Statement for March and April.Determine the value of the closing inventory
Critically evaluate epidemiological studies : Understand the difference between association and causation, statistical and public health significance and Critically evaluate epidemiological studies
Find the payment period : You are ready to increase the payment period. Find the payment period that fits your budget (assuming all conditions remain same)
Public health problem that is significant in community : Identifies and describes in detail a public health problem that is significant in your community.
How health care reform has helped shift the focus : Explain how health care reform has helped shift the focus from a disease-oriented health care system to one of wellness and prevention.
Reconcile a net income : Eastlund Corporation's accumulated depreciation-equipment account increased by $6,320, Reconcile a net income of $126,300
Calculate the fixed assets to net worth ratio : Calculate the Return on capital employed, Debt equity ratio, Fixed assets to Net worth, Current ratio ratios from the given Balance Sheet

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