What is the anual rate on offer

Assignment Help Finance Basics
Reference no: EM133076191

Q.1 Xavier'sInc. is offering a classic used car gor 3,999$.The credit terms are 48 months at 125$ per month. What is the anual rate on this offer?

A. 22.19 percent

B. 2.00 percent

C. 1.80 percent

D. 24.0 percent

E. 21.54 percent

Q.2 Your parents are going to give you 10,500$ in five years.When you receive it,you will invest for ten more years at 7.5 percent per year.How much you will have in fifteen years?

A. 36,249 $

B. 21,641 $

C. 21,460 $

D. 28,664 $

E. 26,415 $

Reference no: EM133076191

Questions Cloud

How much is the amount of over-under-applied overhead : Bonita Manufacturing expected Job 59 to cost $300000 of overhead, How much is the amount of over-/under-applied overhead
Describe how organizations develop strategies : Describe how organizations develop strategies, routines and processes that make them reliable and accountable to transformational change.
What price does the dividend-discount model predict : Colgate-Palmolive Company has just paid an annual dividend of $0.96. Analysts are predicting an 11% per year growth rate in earnings ovEr the next five years.
Find the foreign demand for currency : A floating exchange rate could correct any international trade imbalances as a deficit in a country's balance of trade suggests that the country is spending mo
What is the anual rate on offer : Q.1 Xavier'sInc. is offering a classic used car gor 3,999$.The credit terms are 48 months at 125$ per month. What is the anual rate on this offer?
Determine the Wildhorse degree of operating leverage : Wildhorse Company has sales of $498000, variable costs of $198000, and fixed costs of $250000. Determine the Wildhorse's degree of operating leverage
Employing rigorous performance assessment techniques : What is the purpose of employing rigorous performance assessment techniques in programs and projects?
How much overhead would be assigned to the Downy product : Bramble manufactures mattresses for the hotel industry. Using ABC, how much overhead would be assigned to the Downy product
Determine the list of investments for client portfolio : Using screens and other tools, you will need to determine the list of investments for your client's portfolio. You will need to provide a list of stocks (8-15),

Reviews

Write a Review

Finance Basics Questions & Answers

  What is cost of equity raised by selling new common stock

Flotation costs amount to 5.00% of the selling price. What is the cost of equity raised by selling new common stock?

  Determine the effect of waiting versus immediate planning

Determine the effect of waiting versus immediate planning for retirement.- What is the effect of changing interest-rate assumptions on your retirement "nest egg"?

  What volatility smile is likely to be observed

What volatility smile is likely to be observed when: - Both tails of the stock price distribution are less heavy than those of the lognormal distribution?

  What implied effective annual interest rate

At what implied effective annual interest rate are you loaning money to your? customers?

  Use appendix d

What is the difference between the present value of the settlement at 5 percent and 11 percent? Compute each one separately. Use Appendix D.

  What does the npv rule? say

?(?Hint: Consider the number of sign changes in the cash flows.?) If the cost of capital is 8.4%?, what does the NPV rule? say?

  Prepare a bond amortization schedule

Prepare the journal entry to record the issuance of the bonds and the related bond issue costs incurred on January 1, 2013. Prepare a bond amortization schedule up to and including January 1, 2017, using the effective interest method.

  What are creditor main concerns on a debtor main concerns

In St. Louis, MO, in August 2000, Richard Miller orally agreed to loan Jeff Miller $35,000.00 in exchange for a security interest in a 1999 Kodiak dump truck.

  Quarterly sales amounts for the upcoming year

XYZ Corp. has forecasted the following quarterly sales amounts for the upcoming year:

  Bond valuation? relationships

The 13?-year, ?$1,000 par value bonds of Waco Industries pay 8 percent interest annually. The market price of the bond is ?$1,085?, and the? market's required

  A company issued 100000 shares of common stock with a par

a company issued 100000 shares of common stock with a par value of 1 per share. the stock sold for 20 per share. by

  Response that is at least 300 words in length the total

answer each of the 3 essay questions below with a response that is at least 300 words in length. the total submission

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