What is the apr on loan

Assignment Help Finance Basics
Reference no: EM131569310

a. What effective annual rate results from the quarterly compounding of 10%?

b. Suppose that you have a mortgage on your house. You make monthly payments. Your rate of return per month is 1.5%. What is the APR on your loan? What is your effective annual rate?

Reference no: EM131569310

Questions Cloud

What are the key processes in supply chain management : What are the key processes in supply chain management, and who performs them
Success of healthcare organizations : What do you think are going to be the most pressing trends for the success of healthcare organizations in the context of financial sustainability?
Briefly explain contemporary and traditional leadership : Write a 1 paragraph introduction to briefly explain contemporary and traditional leadership. What leadership approach would you prefer? Why?
Calculate the variable overhead cost variance for kata : Kata Systems allocates manufacturing overhead based on machine hours. Calculate the variable overhead cost variance for Kata
What is the apr on loan : Suppose that you have a mortgage on your house. You make monthly payments. Your rate of return per month is 1.5%. What is the APR on your loan?
How the proposed marketing strategy aligns with the goals : Describe how the proposed marketing strategy aligns with the goals of company. Examine areas in marketing strategy that could provide a competitive advantage.
Explain what is being described by the announcement : Explain what is being described by the announcement. Can you think of a psychological reason for the securities to be priced as they are
Should your company replace its year-old machine : Your company's tax rate is 45% and the opportunity cost of capital is 10%. Should your company replace its year-old machine?
Discuss common ethical perspectives and styles : Describe the components of the criminal justice system. Explain the importance of ethics in the criminal justice field.

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

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