What is the add-on interest rate

Assignment Help Finance Basics
Reference no: EM13289974

What is the add-on interest rate (to the nearest tenth of a percent) for a 4 year loan with monthly payments of $210 if the original amount borrowed was $7500?

Reference no: EM13289974

Questions Cloud

Compute the new value of the capacitance : You are given an ideal air-filled parallel plate capacitor with plates of area 45.0 cm2 and separation 2.10 mm. What is the new value of the capacitance
Explain a wedge-shaped tank is filled with water at a rate : A wedge-shaped tank is filled with water at a rate of 5.00 kg/s. The tank is 4.00 m long and 4.0 m tall, and the angle of the wedge is 90°. The wedge is oriented as pictured, with the point down such that cross sectional area changes with height
Calculate the unearned interest : You financed $10,500 and are making regular payments of $285.00 over the 4 year life of the loan. You would like to pay off the loan a year early. Calculate the unearned interest by.
Human resources manager for a midsize company : Bob is a human resources manager for a midsize company. He usually provides employee training in the office building for small groups. However, due to a local emergency
What is the add-on interest rate : What is the add-on interest rate (to the nearest tenth of a percent) for a 4 year loan with monthly payments of $210 if the original amount borrowed was $7500?
How to calculate the kinetic energy in joules : Calculate the kinetic energy in joules of a 1400kg automobile moving at 12m/s. Convert this energy to calories. What happens to this energy when the automobile brakes to a stop
Evaluate the use and applicability of radio frequency : Evaluate how each matrix is unique in the way it addresses the needs of the customer.
By how much does the ball clear the net : A tennis player hits a ball 2.0 m above the ground. The ball leaves his racquet with a speed of 23.0 m/s at an angle 5.5 degrees above the horizontal. By how much does the ball clear the net
What is university weighted-average cost of capital : According to the balance sheet, if the preferred stock pays a dividend of $2 per share, the beta of the common tsock is .8, the market risk premium is 10%, the risk free rate is 6%, and the firm's tax rate is 40%, what is University's weighted-ave..

Reviews

Write a Review

Finance Basics Questions & Answers

  Mri scan calibrated to detect preferences for risk and retur

Write a half-page pamphlet in everyday language that could be used to educate your client about port olio formation. It was found, from the results of a special MRI scan calibrated to detect preferences for risk and return,

  What was its interest expense

Molteni Motors Inc. recently reported $3.25 million of net income. Its EBIT was $7.25 million, and its tax rate was 35%. What was its interest expense? Round your answer to the nearest dollar. Enter your answer in dollars.

  Difference between defined benefit and contribution

Determine the difference between defined benefit and defined contribution and also define derivatives.

  Explain what is the company breakeven point

The Company's fixed operating cost are $500,000. its variable costs are $3.00 per unit, and tge product's sales price is $4.00. What is the company's breakeven point?

  Compute the marginal tax rate

The yield on a corporate bond is 10 percent, and it is currently selling at par. The marginal tax rate is 20 percent. A par value municipal bond with a coupon rate of 8.50 percent is available,

  Under what circumstances does the price of the call

A trader buys a European call option and sells a European put option. The options have the same underlying asset, strike price, and maturity. Describe the trader's position. Under what circumstances does the price of the call equal the price of th..

  What is the variance of these returns

Over the past five years, a stock returned 8.3 percent, -32.5 percent, -2.2 percent, 46.9 percent and 11.8 percent. What is the variance of these returns?

  Determine the npv

Determine the NPV  if the discount rate is 12.37 percent.

  What is the yearly operating cash flow associated

The firm's marginal tax rate is 40%. What is the yearly operating cash flow associated with this project? (The OCF will be the same for each year of the project.) Round your answer to the nearest dollar.

  Computation of effective annual yield bond value

Computation of effective annual yield bond value Assume that the 5-year bond paying $40 semi-annually is purchased at par

  Yield to call and realized rates of return

Calculate the realized rate of return for investors who purchased the bonds when they were issued and who surrender them today in exchange for the call price.

  Calculate market value of the firms common equity

Suppose a firm has been growing at a 15% yearly rate and is expected to continue to do so for 3 more years. At that time, growth is expected to slow to a constant 4% rate.

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