User Account

All Pages

Total amount of the quarterly payments

Assignment Help Basic Computer Science
Reference no: EM131102865

A company borrows $160000, which will be paid back to the lender in one payment at the end of 6 years. The company agrees to pay quarterly interest payments at the nominal annual rate of 5% compounded quarterly. At the same time the company sets up a sinking fund in order to repay the loan at the end of 6 years. The sinking fund pays interest at an annual nominal interest rate of 14% compounded quarterly. Find the total amount of the quarterly payments, that is, the sum of the interest payment and the sinking fund payment.

Total quarterly payment = $

Reference no: EM131102865

Questions Cloud

Discuss chromatic aberration in a lens : Is blue sky polarized, is the sun polarized? Blue light reflected from a glass table polarized? Why do some sunglasses block glare of off water and others do not? What other applications are there for polarizers?
Outsource pan for the next week to maximize profit : The nearby company can supply a maximum of 300 units of each type of gear next week. What should be the production and/or outsource pan for the next week to maximize profit?
Consumers in various geographic regions respond quite differ : If researchers know that consumers in various geographic regions respond quite differently to a product category, such as tomato sauce, is area sampling appropriate? Why or why not?
Write down expressions for their marginal pdfs : Write down expressions for their marginal pdfs.
Total amount of the quarterly payments : Find the total amount of the quarterly payments, that is, the sum of the interest payment and the sinking fund payment.
Assignment on middleville regional healthcare : Middleville Regional Health Care is one (1) of three (3) hospitals serving a community of 350,000 people. Summary statistics on Middleville and its competitors, from the AHA Guide, are shown below in Table 1. All three organizations are not-for-pro..
What is the maximum that this additional rower can weigh : Stat 11 Spring 2011 - Homework 1. A team of seven lightweight male rowers has an average weight of 158.2 pounds. The team plans to race in an eight-man boat, so another rower is needed. If the team needs to maintain an average (mean) weight below ..
Evaluate economic arguments and convey your reasoning : Evaluate economic arguments and convey your reasoning to a general audience in writing. The article for this assignment is "$15 Wage in Fast Food Stirs Debate on Effects" by Steven Greenhouse in The New York Times, Published: December 4th 2013.
Write down an expression for the pdf of z : Write down an expression for the pdf of Z.

Reviews

Write a Review

Basic Computer Science Questions & Answers

  Consider a token ring with a ring latency of 200 µs

Answer for both a single active host and for "many" hosts; for the latter, assume there are sufficiently many hosts transmitting that the time spent advancing the token can be ignored. Assume a packet size of 1 KB.

  Quarter in a sinking fund earning

If inflation holds at 5.2% per year for 5 years, what will be the cost in 5 years of a car that costs $16,000 today? How much will you need to deposit each quarter in a sinking fund earning 8.7% per year to purchase the new car in 5 years?

  How much objective function coefficient decreases

Implement the following LP model in a spreadsheet. Use Solver to solver the problem and create a Sensitivity Report. How much can objective function coefficient for variable X2 decrease before changing optimal solution?

  List four distinct tasks that a software engineer

From the first e-Activity, analyze the selected two (2) resources that are available for security professionals to find information about threats and / or malware active today. Justify your belief these resources are helpful for security professional

  Examine the goals of coupling and cohesion

Examine the goals of coupling and cohesion and the approaches to design you use to achieve those goals for your design.

  Implement 5-fold cross-validation to choose t

Apply this threshold to our original/real test set and find its Type I and Type II errors.

  Specific ways to format research papers

When writing papers on a college/university level, there are specific ways to format research papers. The most common format is APA. The second most common format is MLA. What are some differences between APA format and MLA format?

  Results of the query into an ms word file

What to Turn in: Document all of your SQL scripts by copying the script and the results of the query into an MS Word file. As with the previous assignment, please include a listing of the data in each table and the table fields (i.e., use the SELE..

  Knowledge gap in senior management

The internet uses a network technology called TCP/IP. The name comes from the protocol stack that includes TCP protocol in the transport layer and IP protocol in the network layer. Sometimes UDP ..

  Extend the editing of vehicles to allow editing of weight

Extend the editing of vehicles to allow editing of the weight

  Information to identify the bottlenecks

Describe how you would use database statistics and other information to identify the bottlenecks. Provide a real-world example that illustrates your thinking. Do not repeat an example from the textbook or one that has been posted by another student

  Various aspect of coding style

Explain following various aspect of Coding Style :The  Messy Code  Trap ,Decomposition

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