Solution-Loan and interest together at end of third year

Loan and interest together at end of third year

Assignment Help Business Economics

Reference no: EM13904631

Lets say that you borrow 1200 at 8% annual interest rate, compounded quartly, and plan to pay back the loan and interest together at the end of the third year. The sum to be paid can be determined from:

a. F=1200(F/P,8%,3)

b. F=1200(F/P,2%,3)

c. F=1200(F/P,8%,12)

Reference no: EM13904631

Questions Cloud

Blue cross and blue shield system : Blue Cross and Blue Shield System (BCBS), which provides healthcare insurance to nearly 33 percent of Americans, is a successful user of predictive analytics. It has established a database that contains more than 100 million medical claims.

Requirements minimum cost-include steel and holding costs : During the next two months, General Cars must meet (on time) the following demand for trucks and cars: month 1 – 400 trucks, 800 cars; month 2 – 300 trucks, 300 cars. During each month, at most 1000 vehicles can be produced. Formulate an LP to meet t..

What will the ph of this new solution be : Assume you have prepared 100.0 mL of a buffer solution using 0.400 mol of acetic acid (pKa = 4.74) and 0.400 mol of sodium acetate. The pH of this buffer solution is initially 4.74. After preparing this buffer solution, you added 55.0 mL of a 1.10..

Spurred by effective curbs in the acute care setting : Spurred by effective curbs in the acute care setting, Congress authorized DHHS to design and implement reformed payment systems in many settings for ambulatory patients. What is the impact these reimbursement systems have had on:

Loan and interest together at end of third year : Lets say that you borrow 1200 at 8% annual interest rate, compounded quartly, and plan to pay back the loan and interest together at the end of the third year. The sum to be paid can be determined from:

Explain the three major leadership styles : Explain the three major leadership styles and discuss Best Buy’s leadership style as demonstrated by their workplace.

Compute the revenue from credit sales for year five : Compute each of the following for year 5: revenue from credit sales, cost of lamps purchased (all purchased on account), cost of lamps sold, depreciation expense and before-tax profit.

What are the most significant effects of the accessibility : What are the most significant effects of the accessibility of global information and technology on educational policies throughout the world? Why are these effects significant?

Discuss the significance of traditional male-female roles : Discuss the significance of traditional male/female roles in marriage to the meaning of Mason's "Shiloh." What stereotypes are confronted? What messages about them do you perceive?

User Account

All Pages

Loan and interest together at end of third year

Reference no: EM13904631

Reference no: EM13904631

Questions Cloud

Reviews

Write a Review

Business Economics Questions & Answers

Economics assignment

Demand and supply curves

Long-run perfectly competitive equilibrium for the firm

Supply and demand diagrams

Case study: fisher-price toys

Draw the production possibility curve

Tax revenue

Maximize total welfare

Difference between the cv and the ev

Depict von neumann-morgenstern utility index u in a diagram

What is the market solution

Calculate gross national product and net national product

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT