Find the simple interest owed

Assignment Help Finance Basics
Reference no: EM132502723

Find the simple interest owed if $710 is borrowed at 4.5% for 3 years.

Reference no: EM132502723

Questions Cloud

How much will you have in the account in 15 years : You deposit $3000 in an account earning 7% interest compounded monthly. How much will you have in the account in 15 years?
Social security credits : How many Social Security credits did CJ earn for Social Security coverage provided each $1260 earned gave him one credit?
How many dollars of interest will you earn : If you invest your money for 5 ?years, then how many dollars of interest will you earn by the end of the? term?
How do figure out straight line depreciation : How do you figure out straight line depreciation for a 4 year investment valued at 770,000. At the end of the 4th year the salvage value is zero.
Find the simple interest owed : Find the simple interest owed if $710 is borrowed at 4.5% for 3 years.
Determine which is not a disadvantage of residual income : Which is NOT a disadvantage of Residual Income as a performance measure? Residual Income cannot be used as a relative performance measure
How much will you have in the account : You deposit $400 each month into an account earning 8% interest compounded monthly.
Estimate of sahara stock price today : Compare with stock prices for other companies and the industry average and give recommendations on changing dividend policy.
What would happen to the value of the 10-year : What would happen to the value of the 10-year bond over time if the required rate of return remained at 13%? If it remained at 7%?

Reviews

Write a Review

Finance Basics Questions & Answers

  Acting in the shareholders best interests

Your company's management immediately begins fighting off this hostile bid. Is management acting in the shareholders' best interests? Why or why not.

  Evaluate the board''s philosophy on executive compensation

Evaluate the board's philosophy on executive compensation. Discuss the metrics tied to the CEO's inventive compensation. Are they sound metrics or not. Determine if compensation is reasonable considering the company's financial performance.

  Explain the fundamentals of corporate finance stemming

Explain the fundamentals of corporate finance stemming from underlying theoretical principles and the application of those principles

  Calculate the contribution margin ratio

Calculate the contribution margin ratio and thereafter use ratio to determine sales value to achieve annual operating profit of R1200000.

  Calculate the stated annual interest rate

The professional tells her to save $1,579 per month. Calculate the stated annual interest rate and the effective rate (EAR) for this annuity.

  Financial news claims to be unbiased and fact based this is

financial news claims to be unbiased and fact based. this is offset at least partially by the desire to sell news. can

  Calculating the number of periods

Calculating the Number of Periods. You're trying to save to buy a new $150,000 Ferrari. You have $35,000 today that can be invested at your bank.

  What is the cost of new preferred stock

For the problem above, if the flotation cost for new preferred stock is $1.20, what is the cost of new preferred stock?

  What is the cardinality of a and cardinality of b

Let A = {1, 2, 3} and B = {3, 4} and let the universal set U = {x|x ∈ Z ∧ x ≥ 0}. 1. What is the cardinality of A and cardinality of B.

  Actionable market competitive and financial guidance to

actionable market competitive and financial guidance to the cango board supported by research facts and figures ndash

  Firm analysis from a microeconomic perspective

The purpose of this milestone is for students to begin their firm analysis from a microeconomic perspective, applying concepts learned in Modules One, Two, and Three.

  Find the total carrying cost and restocking cost

Auto Parts sells 1,200 electric parts per week and then reorders another 1,200 parts. If the relevant carrying cost per electric part is $4 and the fixed order cost is $750,

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