Percentage of the outstanding principal

Assignment Help Business Management
Reference no: EM132681651

A construction company takes a loan of $505,000 to cover the cost of a new grader. If the interest rate is 8.45?% ?APR, and payments are made monthly for five? years, what percentage of the outstanding principal does the company pay in interest each? month?

Reference no: EM132681651

Questions Cloud

Periodic interest rate applicable per month? : A bank pays interest monthly with an EAR of 14?%. What is the periodic interest rate applicable per month??
Calculate vintage return on equity : Vintage Inc. has a total asset turnover of 1.02 and a net profit margin of 6.97 percent. The total assets to equity ratio for the firm is 2.5.
Percentage change in the price of the bond : The YTM at the beginning of the third year of the bond? (8 years left to? maturity) is 9.1?%. What was the percentage change in the price of the bond over the
What is the maximum price that a prudent investor : If Valorous has an equity cost of capital of 8?%, what is the maximum price that a prudent investor would be willing to pay for a share of Valorous stock? today
Percentage of the outstanding principal : If the interest rate is 8.45?% ?APR, and payments are made monthly for five? years, what percentage of the outstanding principal does the company pay in intere
What is the cost of leasing the laptop : The designer can borrow at an interest rate of 14?% APR compounded monthly. What is the cost of leasing the laptop over buying it? outright?
What is the journal entry to record the recovery : What is the journal entry to record the recovery of a previously written off an AR under the allowance method
What is the project accounting rate of return : Rosemount Energy Company is installing new equipment at a cost of $20000000. This project is expected to generate the following tax net income and cash flow ove
What is the break-even ebit-kyle corporation : Kyle Corporation is comparing two different capital structures, an all-equity plan (Plan I) and a levered plan (Plan II). Under Plan I, the company would have 7

Reviews

Write a Review

Business Management Questions & Answers

  Use the direct or indirect strategy to organize a message

Analyze a problem that exist where you work or within an organization in which you are a member. Some examples include noisy, work areas, understaffing, inappropriate cell phone used/ computer use, outdated equipment , problem employees or other issu..

  The management team is extremely interested

The management team is extremely interested in the new system you are introducing, but there are concerns about the introduction. As the changes are introduced into the system to support the new topic, new risks will be introduced.

  Software needs something to execute or take

Software needs something to execute or take the actions that the software was designed to do. Matter of fact, without hardware, could we have created software?

  Why do devices need both physical addresses and ip addresses

Why did IP addressing have to be "invented" when the protocol could identify hosts by the physical address which is unique?

  Sustainability at holland america line

1. What are the most significant environmental issues facing Holland America Line (HAL)? 2. In what ways has HAL gone "beyond compliance" in its environmental initiatives?

  Identify different types of payment systems

Identify different types of payment systems. How are they used? Several reimbursement methodologies were described in this chapter

  Explain a major hurricane has struck the area

Explain a major hurricane has struck the area where your company has its central data center. There are offsite backups and hardware at three other centers around the country.

  What is the difference between html and xhtml

Question 1: What is the difference between HTML and XHTML? Question 2: What is the difference between a GIF and an animated GIF?

  Ensure the decision of the location of the convention

Identify at least three ethical and legal issues that should be considered when making the decision of where to locate the convention. State at least 3 actions you would take to ensure the decision of the location of the convention made ethically.

  Shopping for a new automobile

Suppose you are shopping for a new automobile. You find the same car at two dealers but at different prices. Is the law of one price being violated? Why or why not?

  Importance of communication in non-profit

Explain what are the different communication needs of public, for profit, and non-profit organizations?

  Describe your daily schedule

Describe your daily schedule, including the times you have set aside to study for your current classes at Strayer.

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