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Question: You have some extra cash this month and you are considering putting it toward your car loan. Your interest rate is 6.6%, your loan payments are $608 per month, and you have 36 months left on your loan. If you pay an additional $1,000 with your next regular $608 payment (due in one month), how much will it reduce the amount of time left to pay off your loan? (Note: Be careful not to round any intermediate steps less than 6 decimal places.)
1. woidtke manufacturings stock currently sells for 20 a share. the stock just paid a dividend of 1.00 a share i.e. d0
Describe the typical macroeconomic current environment and future expectations associated with the following shapes of the yield curve.
ABC Construction LLC is a construction firm owned by Mr. Mohammad. Mr. Mohammad established the company 7 years ago in Dubai. Now it has branches in Emirates.
today you deposit 10750 in a bank account that pays 3 percentsimple interest. how much interest will you earn over the
Senbet also had notes payable of $900,000. These notes carried an interest rate of 9%. Depreciation was $110,000. Senbet's tax rate was 35%. a. What was Senbet's net income? b. What was Senbet's operating cash flow?
Do you think Shafer’s plan to grow his business slowly is a good one? Why or why not? What economic and social factors do you think have aided Tumbleweed’s success so far? Which might be potential challenges for the firm that Shafer should consider?
In order for a transaction to be recorded in a business' accounting records, the effects of the transaction must be reliably measurable in dollars. What is reliable measurement and why is it important?
Allocating resources in most efficient manner maximizes wealth of any nation. It is generally acknowledge that financial data plays an important role in efficient resource data
ABC Inc is looking to increase its growth rate in the coming year to 14%, how much (in $) should it invest (Net Investment) back into the firm?
What is the total interest that you will pay over the life of the loan? How much total interest you would pay on this loan if you can prepay $30,000 on the first month of the second year?
A college received a contribution to its endowment fund of $2 million. They can never touch the principal, but they can use the earnings. At an assumed interest rate of 9.5 percent, how much can the college earn to help its operations each year?
How are translation gains and losses handled differently according to the current rate method in comparison to the other three methods, that is, the current! noncurrent method, the monetary/nonmonetary method, and the temporal method?
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