How much was the loan amount for extension

Assignment Help Finance Basics
Reference no: EM132467321

Liam had an extension built onto his home. He financed it for 48 months with a loan at 5.00% APR. His monthly payments were $770. How much was the loan amount for this extension?

Reference no: EM132467321

Questions Cloud

How is the expression or idea unique in its context : How is this expression or idea unique in its context? What connections do you see between this passage and other material from the reading or course?
Total manufacturing costs added to work in process : The following information has been taken from the perpetual inventory system of Jaxson Manufacturing Co. for the month ended September 30:
What is the price of bond y : What is the price of bond Y?Bonds X and Y are identical, including the risk class. The only difference between A and B is in the coupon payment
Define what is occurring in the world today : These papers are to be more than just a recitation of facts. In addition to the factual material each should also contain critical analyses of the subject.
How much was the loan amount for extension : He financed it for 48 months with a loan at 5.00% APR. His monthly payments were $770. How much was the loan amount for this extension?
What is the npv for market : What is the NPV for each market, assuming each is entered immediately?
Discussing religion - christianity and islam and hindusim : Discuss where they originated and the background of it & Age ( Age Stereotypes and Research About Job Performance, Research Findings About Employee Age and Job.
What are the effect of sales growth on operating income : What are the effect of sales growth on operating income of 2018 was?Manero Company included the information in its annual report
Failure of consideration against buck : Is it proper that Paul use the defense of Failure of Consideration against Buck? Why or why not?

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

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