How much money will analog need to borrow

Assignment Help Financial Management

Reference no: EM131603680

Analog Computers needs to borrow $895,000 from the Midland Bank. The bank requires a 12% compensating balance. How much money will Analog need to borrow in order to end up with $895,000 spendable cash? (Round your answer to the nearest dollar amount.)

Reference no: EM131603680

Questions Cloud

Draw the application component diagram for overall system : Itc508 object modeling Assessment - Elaboration phase. In this assessment item, you are required to provide the detailed architecture and design of the system

How the universal use of the web has change software systems : Explain why professional software is not just the programs that are develop for a customers.

What is the operating cash flow or ocf : Chevelle, Inc., has sales of $43,500, costs of $19,900, depreciation expense of $1,600, what is the operating cash flow, or OCF?

Describe what happen as the worker interacts : Displays and controls can be very simple items within a work environment, yet they can be so very helpful and important to direct workers

How much money will analog need to borrow : How much money will Analog need to borrow in order to end up with $895,000 spendable cash?

Investment with an annual rate of return : How many years will it take to accumulate $100,000 if you invest $4,000 at the beginning of each year into an investment with an annual rate of return of 8%?

Solve problem related to the birdhouse : A craftsman named chuck synovec builds two kinds of birdhouses, one for wrens and a second for bluebirds. Each wren birdhouse takes 4 hours of labor.

Discuss the key ways in which you have used a concept map : Discuss the key ways in which you have used or would use a concept map in order to improve your professional practice.

Elements in analyzing and making decisions about data : Discuss the application of each of the course elements in analyzing and making decisions about data.

User Account

All Pages