Small appliance company is negotiating commercial loan

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Anderson Small Appliance Company is negotiating a commercial loan of $450,000 with two banks.

Bank A has offered to loan the money at 8% with level principal payments and the interest at the end of each of three years.

Bank B is suggesting a loan at 8% in which ASAC would make three level total payments that are the same amount, one at the end of each year.

Do an amortization schedule for each loan.

Annual rate of interest must you earn on your investment : What annual rate of interest must you earn on your investment to cover the cost of your child’s college education?

Unique investment opportunity : You have been offered a unique investment opportunity.

Account immediately after the third deposit is made : how much will be in the account immediately after the third deposit is made?

Demonstrate that the internal rate of return of investment : Demonstrate that the internal rate of return of the investment is 13.51%.

Small appliance company is negotiating commercial loan : Anderson Small Appliance Company is negotiating a commercial loan of $450,000 with two banks.

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