Lane french had bad credit rating

Assignment Help Financial Management
Reference no: EM131056861

Lane French had a bad credit rating and went to a local cash center. He took out a $100.00 loan payable in two weeks at $109.50. What is the percent of interest paid on this loan? (Do not round intermediate calculations. Round your answer to the nearest whole percent.) Percentage of Interest %

Reference no: EM131056861

Questions Cloud

Ballet lessons before the season : A Coach in a large secondary school thinks that ballet training will improve his football teams scoring average/game. He has half of the team members take ballet lessons before the season.
Draw a random sample : Suppose a population proportion is .40, and 80% of the time when you draw a random sample from this population you get a sample proportion of .35 or more. How large a sample were you taking?
Hedging with currency derivatives : Hedging With Currency Derivatives. Assume that U.S. firms that have no other foreign transactions anticipate the forward purchase transaction. What are possible ways to hedge the transactions according to the following scenario? Yale Corp. has a subs..
The range of allowable values of the location and scale : (a) Determine the range of allowable values of the location and scale (b) Verify that the function is a cumulative distribution function.
Lane french had bad credit rating : Lane French had a bad credit rating and went to a local cash center. He took out a $100.00 loan payable in two weeks at $109.50. What is the percent of interest paid on this loan? (Do not round intermediate calculations. Round your answer to the near..
Probability of getting a sample average cost : What is the probability of getting a sample average cost of less than $17,500? Assume that only 120 dealerships in all of New South Wales sell this car.
About the operations of hancock company : The following information about the operations of Hancock Company is available. Find the NPV of its operating cycle. What is the new NPV if Hancock can delay the payments by 2 days and make the collections 2 days earlier? By comparing the answers to ..
Sample proportion containing 4wds : Suppose that in the long run thirty percent of all vehicles passing through a tollbooth are 4WDs. If a random sample of 120 vehicles passing through the tollbooth is taken, what is the probability that the sample proportion containing 4WDs is betw..
Shares of gangnam styles common stock : You are considering buying 500 shares of Gangnam Style’s common stock. The common stock is expected to pay a dividend of $4.50 a year from today; the growth rate of the dividends is 4%; the covariance between Gangnam Style’s return and the marker’s r..

Reviews

Write a Review

Financial Management Questions & Answers

  Foreign company acquisition

Acquisition by a foreign company and the effects of that decision and the results of foreign exchange in Euro and the exchange rate differences.

  Financial management for profit and non profit organizations

In this essay, we are going to discuss the issues of financial management in a non-profit organisation.

  Method for estimating a venture''s value

Evaluate venture's present value, cash and surplus cash and basic venture capital.

  Replacement analysis

This document show the Replacement Analysis of modling machine. Is replacement give profit to company or not?

  Business finance task - capital budgeting

Your company is considering using the payback period for capital-budgeting. Discuss the advantages and disadvantages of this technique.

  Analysis of the investment

In this project, you will focus on one of these: the additional cost resulting from the purchase of an apple press (a piece of equipment required to manufacture apple juice).

  Conduct a what-if analysis

Review the readings and media for this unit, including the Anthony's Orchard case study media. Familiarise yourself with the Anthony's Orchard company and its current situation.

  Determine operational expenditures

Organisations' behaviour is guided by financial data. In the short term, such data will help determine operational expenditures; in the long term, historical data may help generate forecasts aimed at determining strategic plans. In both instances.

  Personal financial management

How much will you have left over each half year if you adopt the latter course of action?

  Sources of finance for expansion into new foreign markets

A quoted company is considering several long-term sources of finance for expansion into new foreign markets.

  Long term financial planning

This assignment is designed for analyze Long term financial planning begins with the sales forecast and the key input in the long term fincial planning.

  Explain the role of fincial manager

This assignment explain the role of fincial manager, function of manger. And what are the motives of financial manager.

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