What is the amount of the remaining balance of your car loan

Assignment Help Financial Management
Reference no: EM131619144

After making twenty-fifth payment of $655.69 on your car loan, you wanted to find out how much is left of your original 5 years loan at 4.7% compounded monthly of $35,000.00. What is the amount of the remaining balance of your car loan?

The remaining balance of your car loan would be $ (Round to 2 decimal places.)

Reference no: EM131619144

Questions Cloud

Determine the focal length of lens a : Answer the following questions Using the attached Image of two convex lenses A and B used to produce a magnified virtual image of an object.
Unpaid balance be immediately after the eleventh payment : what would the unpaid balance be immediately after the eleventh payment?
An overview of the ista model : An introduction and explanation of human factors and sociotechnical issues in medical informatics.An overview of the ISTA model.
Show shareholder equity account current value increment : Departures from GAAP. On January 1, Graham Company purchased land (the site of a new building) for $100,000. Soon thereafter, the state highway department.
What is the amount of the remaining balance of your car loan : After making twenty-fifth payment of $655.69 on your car loan, What is the amount of the remaining balance of your car loan?
Describe your understanding of the north-south divide : Describe your understanding of the north / south divide as it relates to the health of populations in developing counties
Take in order to carry out a covered interest arbitrage : Describe four actions for a US investor (or a Canadian investor) to take in order to carry out a covered interest arbitrage.
A powerful way of advancing improvements in health care : Identify three strategies that you will now incorporate into your practice based on this course.
Integrate developmental and environmental factors : Assignment: Encryption. Integrate developmental and environmental factors into an assessment of developmental needs.

Reviews

Write a Review

Financial Management Questions & Answers

  Explain what is discounted cash flow method

Discuss and explain what is discounted cash flow method is and how it could be used.

  Taken into account when valuing new investments

The industry life cycle is not a given; it is affected by the strategic decisions made by the firms in the industry. Give one or more examples of strategic decisions that can affect the dynamics of an industry. Explain how these strategic issues can ..

  Healthcare managers are involved in the annual budget

Healthcare managers are involved in the annual budget and are required to have a good understanding of the financial statements.

  What is your estimate of the stocks current price

A company currently pays a dividend of $2.75 per share (D0 = $2.75). It is estimated that the company's dividend will grow at a rate of 25% per year for the next 2 years, and then at a constant rate of 6% thereafter. The company's stock has a beta of..

  Decided to refinance your mortgage

You have decided to refinance your mortgage. You plan to borrow whatever is outstanding on your current mortgage. The current monthly payment is $2,356 and you have made every payment on time. The original term of the mortgage was 30 years, and the m..

  How much money actually invested in shares of mutual fund

Laura Larkin invested $4,000 in a mutual fund with a stated load of 6 percent.- How much of her money was actually invested in shares of the mutual fund?

  Annual bond has a macaulay duration value

A certain Weiss Company semi - annual bond has a Macaulay Duration value of 6 and a yield to maturity of 8%.

  Intrinsic value of deployment specialists stock

Deployment Specialists pays a current (annual) dividend of $1 and is expected to grow at 20% for two years and then at 4% thereafter. If the required return for Deployment Specialists is 8.5%, what is the intrinsic value of Deployment Specialists sto..

  What will be your incentive contract plan

Supposed that you represent the shareholder board of Apple Inc. and decide to elicit high CEO effort to help the company: What will be your incentive contract plan (e.g. bonus, stock option…etc.)?

  Expected return of a portfolio using beta

Expected return of a portfolio using beta. The beta of four stockslong dash—?G, ?H, I, and Jlong dash—are 0.42?, 0.73?, 1.23?, and 1.62?, respectively and the beta of portfolio 1 is 1.00?, the beta of portfolio 2 is 0.83?, and the beta of portfolio 3..

  Average return-what is the average monthly return

Average Return The past five monthly returns for PG Company are 3.65 percent, -.55 percent, 5.05 percent, 7.19 percent, and 4.74 percent. What is the average monthly return?

  Expected annual return of portfolio

An investment advisor has recommended a $50,000 portfolio containing assets R, J, and K; $25,000 will be invested in asset R, with an expected annual return of 12 percent; $10,000 will be invested in asset J, with an expected annual return of 18 perc..

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