User Account

All Pages

What is the apr on this loan

Assignment Help Accounting Basics
Reference no: EM13972321

1.You have just purchased a new warehouse. To finance the purchase, you've arranged for a 30-year mortgage loan for 80 percent of the $2,800,000 purchase price. The monthly payment on this loan will be $17,000

Required:

(a) What is the APR on this loan?

(b) What is the EAR? 

Reference no: EM13972321

Questions Cloud

How much total interest will you pay : If you pay the mortgage according to the loan agreement, how much total interest will you pay?
Knowledge of the illegal act : The accountant is bound to inform officials only if she stands to personally gain (make money) from knowledge of the illegal act. The accountant must exercise personal judgment; a clear-cut answer does not exist given the limited information provi..
Apple widely expected to release its iphone 5 : WITH Apple widely expected to release its iPhone 5 on Tuesday, Apple addicts across the world are getting ready for their latest fix.
What is the power input : What is the voltage output of a transformer used for rechargeable flashlight batteries, if its primary has 510 turns, its secondary 8 turns, and the input voltage is 124 V?
What is the apr on this loan : What is the APR on this loan? What is the EAR?
What is in hz the frequency of the voltage source : The voltage in a series RLC circuit is given by: i(t)= (15 mA) sin(471.2t+1.041) The resistance is 51.0 Omega, the capacitance is 69M Mu F and the inductance is 250 mH-  What is in Hz the frequency of the voltage source?
What is in ohms, the capacitive reactance of the circuit : The voltage in a series RLC circuit is given by: v(t)= (15V) sin(106.0(pi) t+0.344(pi)). The resistance is 39.0 ?, the capacitance is 69.0 uF and the inductance is 350 mH. Please provide all work! What is in Hz the frequency of the voltage source?
Announce our identities and to personalize our environments. : Does this artifact convey the image that you would choose to present? Why or why not?
Supreme court ruling about reverse discrimination : Either the Supreme Court's ruling about reverse discrimination involving the New Haven, Connecticut Fire Department, or the Bakke Case

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