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Question: Assume you take out a car loan of $8, 600 that calls for 48 monthly payments of $300 each.
a. What is the APR of the loan? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places. Use a financial calculator or Excel.) APR _________ %
b. What is the effective annual interest rate on the loan? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) EAR __________%
Financial 510- Summarize the video you watched in a page and a half or two pages. You will be penalized if this section of the paper is less than one and a half pages. Make sure you have Summary as a header for this section.
How many months would it take for the debt to double on a simple interest loan whose annual rate is 8.12%? In other words, find the doubling time.
What is the difference between a publicly held company and a privately held company? How can the two types of companies be identified?
What are poor qualities of a manager? Do the qualities change based on different situations (social environment, work environment, or home environment)? Do you agree with the results of your management quiz? Discuss. Format your essay consistent w..
2a. What is the present value of $7,900 in 10 years at 11%? 5a. If you invest $9,000 today, how much will you have in 2 years at 9%? 5d. In 25 years at 14% compounded semiannually?
Steve Smith, owner of Steve's Bowling Alley, generated $30,000 in sales for the month of January. "Regular" customers are allowed to play on account.
what are your opinions on the use of npv vs irr in making capital allocation decisions?nbsp please be specific.discuss
the expected dividend is 1.50 for a share of common stock priced at 15. what is the cost of internal common equity if
A US-based firm expects to receive a payment of 500,000 euros at t = 1 and expects to make a payment of 300,000 euros at t = 2. (i) How would you hedge these exposures if hedging entailed no cost?
why can the market price of a stock differ from its true intrinsic
Find the present value of an ordinary annuity with deposits of $8680 quarterly for 5 years at 8.4% compounded quarterly. What is the present value?
when cities pass laws limiting the rent landlords can charge on apartments the laws usually apply to existing buildings
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