What interest rate compounded semi-annually

Assignment Help Business Management
Reference no: EM132966645

Joanne borrowed $20,000 and agreed to pay it back in 3 years with a payment of $25,432. What interest rate compounded semi-annually was she being charged? Round your answer to 2 decimal places

Reference no: EM132966645

Questions Cloud

Devise a plan or strategy to motivate mr cortes : Five years ago, Mr. Narciso Cortes was hired as salesclerk by Indiana Sales, a firm engaged in retailing and financing motorcycle sales. He was the first employ
Submission guidelines and addressing post grant activities : Create a 1,050 grant writing guide that highlights the most important parts of the grant writing process from beginning to end, including submission guidelines
Identify four ways to pursue self-development : At a core physiological level, scientists are beginning to learn more about how chemical and neural responses both reflect and influence behavior.
Calculate the present value and the compound interest : Calculate the present value (principal) and the compound interest (in $).
What interest rate compounded semi-annually : Joanne borrowed $20,000 and agreed to pay it back in 3 years with a payment of $25,432. What interest rate compounded semi-annually was she being charged? Round
Indicators of a business cycle : There are 11 indicators of a business cycle. Of these include unemployment rate, disposable income and savings ratio. Discuss these three as leading indicators
Describe the business sector : The purpose of this assignment is to articulate how various industries use the Internet and cloud computing resources in business operations and to establish a
Process of making profits and accumulating profits : Capitalist Economics is an understanding that glorifies the process of making profits and accumulating profits in capital continuously or individually, while So
Principle of accounting equation : Choose a Canadian business and discuss how you would apply the principle of accounting equation to manage the organization.

Reviews

Write a Review

Business Management Questions & Answers

  What is the volume of the sand that was added

After the sand is added the water level in the cylinder is at 31.8 mL. What is the volume of the sand that was added to the cylinder?

  Describe the current management-leadership structure

UNIV 1213-  Introduce the company (name, products, history) and describe the current management-leadership structure in the company (multi-level or single-level, types of leaders at the different levels).

  How organization with standardized service model

How an organization, with a standardized service model, can repeatedly delight customers whose expectations grow with every interaction.

  Timing of labor legislation in america

Why do you think the timing of labor legislation in America (beginning with the Railway Labor Act and National Labor Relations Act, and working forward).

  Explain every firm is faced with the law of diminishing

Explain Every firm (and every individual and nation as well) is faced with the law of diminishing marginal returns

  Employee development explained in this solutionhow will you

employee development explained in this solutionhow will you identify what efforts are made toward the development of

  Create five wr performance standards

Create five WR performance standards or targets that might be used by an organisation

  Difference between product positioning-product repositioning

What is the difference between product positioning and product repositioning?

  Discuss the types of corporate strategy

Discuss the types of corporate strategy

  Define the role of learning and development in the workplace

1. Define the role of learning and development in the workplace.

  Power and influence in an organizational setting

What are some distinctions between power and influence in an organizational setting?

  Describe the economic divide in the united states

Describe the economic divide in the United States in terms of both income and assets.

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