User Account

All Pages

Monthly payment for mobile dream home

Assignment Help Finance Basics
Reference no: EM132932906

-For graduating from college, your aunt gives you $10,000 to deposit. The Mafia offers you 12% compounded monthly or 1% per month. Lake County Savings offers 13% compounded annually. Where should you deposit the $10,000?

-You want to buy a mobile home for $52,350 and dealership offers you a 8.6% APR loan for 5 years. What will be the monthly payment for your mobile dream home?

Reference no: EM132932906

Questions Cloud

What is the ear charged by finance factoring : The Finance Factoring Company is willing to lend you to 90% of the face value of your A/R which are currently worth $ 111,111.11 at 9% annual interest and a 2%
What is the ear charged by finance factoring : The Finance Factoring Company is willing to lend you to 90% of the face value of your A/R which are currently worth $ 111,111.11 at 9% annual interest and a 2%
Determine the benefit pension plan : Mia's income is $35,000 for last year and $36,000 for this year. The money purchase limit is $23,820 for last year and $24,270 for this year. For both years, PA
What is the internal rate of return? of this? opportunity : Suppose you invest $2,000 today and receive $10,000 in five years. What is the internal rate of return? (IRR) of this? opportunity
Monthly payment for mobile dream home : You want to buy a mobile home for $52,350 and dealership offers you a 8.6% APR loan for 5 years. What will be the monthly payment for your mobile dream home?
How many units should bandy produce in february : On January 1, Bandy Manufacturing plans to introduce a product called Handy Dandy. How many units should Bandy produce in February
How much money will you have in the savings account : You are able to deposit $200 each month monthly into a savings account that pays 11% annual interest compounded. How much money will you have in the savings acc
Is there an optimal time for taking such an action : You're planning to scale down the operations of your manufacturing plant by 70% sometime in the next six months. Suppose the value of the plant today is £100m.
What is the projected dividend for the coming year : Synovec Corp. is experiencing rapid growth. Dividends are expected to grow at 24 percent per year during the next three years, 14 percent over the following yea

Reviews

Write a Review

Finance Basics Questions & Answers

  Assume a company computes the irr

Let's assume a company computes the IRR and it turns out to be 7%. How is it determined if that is good or bad?

  What is the company weighted average cost of capital

The Corporation has a targeted capital structure of 80% common stock and 20% debt. The cost of equity is 12% and the cost of debt is 7%.

  What minimum yearly cash inflow will necessary for company

what minimum yearly cash inflow will be necessary for the company to go forward with this project? b. How would the minimum yearly cash inflow change if the company required a10% return on its investment?

  Determination of risky stock

Common stock A has an expected return of 10%, a standard deviation of future returns of 25%, and a beta of 1.25. Common stock B has an expected return of 12 percent, a standard deviation of future returns of 15 percent,

  What is the present value of such a perpetuity

What is the value today of a 10,000 payment made in perpetuity assuming a 8% discount rate?

  What was the amount credited for the first payment

Maria's Grocery orders some refrigeration equipment. The invoice arrives May 10, with terms 2/10 EOM. They cannot pay the bill in full by June 10.

  Securities from any of the financial markets

Choose three (3) types of securities from any of the financial markets. Pick securities you would enjoy researching for this assignment.

  What is the prevailing interest rate

What is the prevailing interest rate if a perpetual bond were to pay $100,000 per year beginning next year and costs $1,000,000 today?

  Examine the influence of government expenditure

Examine the influence of government expenditure on investment in a nation. Use Jot Inc. Ltd a multinational construction company

  Prepare inventory schedule for january

Assume you have developed and tested a prototype electronic product and are about to start your new business. You purchase preprogrammed computer chips

  Bankruptcy in the midst of the great recession

Both General Motors and Chrysler declared bankruptcy in the midst of the "great recession". Their bankruptcies were referred to as "prepackaged"

  An education institution is considering the production

an education institution is considering the production and marketing of an internal textbook for its students and it

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