How much can wells fargo lend to developer

Assignment Help Econometrics

Reference no: EM13199727

1)The second national bank of fullerton advertises an APR of 14% compounded monthly for student loans. Determine the APY? setup the solution on paper as well as on spreadsheet.

2)How much can Wells Fargo lend to developer who will repay the loan by selling first 6 view lots out of 13 lots at $190,000 each 2 year from now? Assume the bank will lend at a nominal 14% per year, compounded semiannually.

3) Irvine Aerospace of Santa Ana, California, was awarded a 5 year contract to develop an advanced space capsule airbag landing attenuation system for NASA's Langley research Center. The company's computer system uses fluid structure interaction modeling to test and analyze each airbag design concept. What is the present worth of the concept at 16% per year, compounded quarterly, if the quarterly cost in years 1 through 5 is $2million per quarter?

Reference no: EM13199727

Questions Cloud

State storage of data in a database system : Show examples of how some of the rules and constructs relate to each other and can be used to determine logical scenarios. • Describe how these rules might apply to the collection, distinction, and storage of data in a database system.

State what is the rate of the boat in still water : It travels 360 mi going downstream in the same amount of time. What is the rate of the boat in still water and what is the rate of the current?

Discuss a few tactics that to overcome problems : a. Explain how asymmetric information about a hidden action or a hidden characteristic can lead to moral hazard or adverse selection. b. Discuss a few tactics that managers can use to overcome these problems.

State the formula used to find the half-life of a substance : The formula used to find the half-life of a substance is y = nekt, where y is the amount remaining, t is the amount of time in years, and n is the initial amount of the substance. Based on this information, what is the approximate value of k?

How much can wells fargo lend to developer : How much can Wells Fargo lend to developer who will repay the loan by selling first 6 view lots out of 13 lots at $190,000 each 2 year from now? Assume the bank will lend at a nominal 14% per year, compounded semiannually.

Determine value of the denominator in a rational expression : Why must we always be mindful of the final value of the denominator in a rational expression? For example, consider the rational expression 3x/(x2 - 16). What values in the denominator must we be mindful of? Explain why.

State each to fill in these circles and make a true equation : one time each to fill in these circles and make a true equation. One solution is 237 + 654 =891. There are over 300 solutions with 32 different sums. How many can you find?

What is the future worth of the savings : Austin Utilities is planning to install solar panels to provide some of the electricity for its groundwater desalting plant. The project would be done in two phases. The first phase will cost $4 million in year 1 and $5million in year 2.

State when returns home against the same current : When she returns home against the same current it takes 4 hours. Findd the speed in still water and the distance one-way.

User Account

All Pages