User Account

All Pages

How much interest did samantha earn from this investment

Assignment Help Accounting Basics
Reference no: EM133013923

Question - Samantha loaned $300,000 to a small business at 8.25% compounded semi-annually for 3 year and 4 months.

a. How much would the business have to repay Samantha at the end of the period?

b. How much interest did Samantha earn from this investment?

Reference no: EM133013923

Questions Cloud

What is the carrying amount of note payable on december : The entity accepted sales returns of P50,000 on the assigned accounts. What is the carrying amount of note payable on December
What is whistle-blowing and what are its various types : What is whistle-blowing and what are its various types? An engineer working with a company gets to know of a wrong practice being done by the company, and wants
Calculate the cost per equivalent unit for labor : At the start of March, the company had 5,900 pounds of rubber that were 50 percent complete. Calculate the cost per equivalent unit for labor
Calculate the loss on sale that would be recorded that day : All the lawnmowers are sold as junk for $100 cash in total. Ignoring income taxes, calculate the loss on sale that would be recorded that day
How much interest did samantha earn from this investment : Samantha loaned $300,000 to a small business at 8.25% compounded semi-annually for 3 year and 4 months. How much interest did Samantha earn from this investment
Describe a fictional community called greenfield : Describe a fictional community called Greenfield. You have also been given a role description (below). From within that role, address the task as described
Differences between cash basis and accrual basis accounting : Using an example to explain the differences between cash basis and accrual basis accounting, and further discuss why adjusting entries are necessary
What would be the entries to record the sales transaction : Assume that during the year, total inventory was sold for $3,200,000 on credit. What would be the entries to record the sales transaction
Discuss a management strategy used to retain cash : Discuss a management strategy used to retain or increase cash. Share an example of a time when you've used a similar strategy in your personal finances

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