What interest rate are you being charged

Reference no: EM13260823

Effective interest rate

You borrow $70,000; the annual loan payments are $8,690.06 for 30 years. What interest rate are you being charged? Round your answer to two decimal places.

Reference no: EM13260823

Questions Cloud

Calculate the speed of the second ship : A spaceship leaves Earth traveling at 0.65 c. A second spaceship leaves the first at a speed of 0.80 c with respect to the first. Calculate the speed of the second ship with respect to Earth if it is fired directly backward toward Earth

What is the firm cost of preferred stock : The firm also has a total of $10,000,000 (par value) is debt outstanding. The debt is in the form of bonds with 10 years left to maturity. They pay semi-annual coupons at a coupon rate of 12% Currently, the bonds sell at %110 of par value.

Explain completely thermally decomposed in the procedure : The sample is not completely thermally decomposed in the procedure. Will the mole ratio of CaO to CO2 be too high or too low? Explain

Determine impedance of the system in rectangular coordinates : An Electrical System is rated 10kVA, 200V at a .5 leading the power factor. a. determine the impedance of the system in rectangular coordinates. b. find the average power delivered to the system

What interest rate are you being charged : You borrow $70,000; the annual loan payments are $8,690.06 for 30 years. What interest rate are you being charged? Round your answer to two decimal places.

How much kinetic energy was lost in this collision : Two identical particles of mass m approach each other at equal and opposite speeds, v. How much kinetic energy was lost in this collision

Translate the code to mips assembly language : Assume f is in $s0, the base addresses of a[] and b[] are in $t0 and $t1 respectively. Translating the following code to MIPS assembly language (You can use extra temporary registers)

State stereochemistry of the products formed if the addition : Predict the stereochemistry of the products formed if the addition of bromine to fumaric acid occurs via

Calculate christie cash conversion cycle : suppose Christie's managers believe the annual inventory turnover can be raised to 9 times without affecting sales. What would Christie's cash conversion cycle, total assets turnover, and ROA have been if the inventory turnover had been 9 for the ..

User Account

All Pages