User Account

All Pages

What is the APR of the loan

Assignment Help Accounting Basics
Reference no: EM132713312

Question - You have arranged for a loan on your new car that will require the first payment today. The loan is for $32,000, and the monthly payments are $620. If the loan will be paid off over the next 60 months, what is the APR of the loan?

Reference no: EM132713312

Questions Cloud

Shareholders on their financial investment in corporation : The responsibility of the directors of a corporation is to provide a return to shareholders on their financial investment in the corporation; in other words,
What would be the impact of the donor request : What would be the impact of the donor request on the financial statements and on availability for expenditure of cash or other organization assets
The goal of intellectual property law : The goal of intellectual property law is to encourage innovation.
Department of homeland security : The Department of Homeland Security, created in 2002, created the second largest government agency in the country (second only to the Department of Defense).
What is the APR of the loan : The loan is for $32,000, and the monthly payments are $620. If the loan will be paid off over the next 60 months, what is the APR of the loan
Advise the company for adopting suitable incentive plan : Advise company for adopting suitable incentive plan supported by workings and total labor cost per Hour under each incentive plan of Halsey Premium and Rowan
Determine the consolidation worksheet entries : Determine the consolidation worksheet entries in the following year, assuming the inventory has been -sold, and explain the adjustments on a line-by-line basis
Prepare the creditors control account in the general ledge : Prepare the creditors control account in the general ledge of Fit traders for March 2020. Assume an opening balance of R30 000
Doctrine and instrument in english common law : The living will is a relatively new doctrine and instrument in the English Common Law.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd