User Account

All Pages

What is the final amount due on the loan

Assignment Help Accounting Basics
Reference no: EM132750139

Question - Suppose you take out a loan for 180 days in the amount of $12,500 at 15% ordinary interest. After 40 days, you make a partial payment of $1,000. What is the final amount due on the loan?

Reference no: EM132750139

Questions Cloud

Implementing enterprise risk management : Describe in what ways the two organization's approaches to ERM are similar. Also, explain how they differ.
Were the actions taken by roth in the current fiscal year : Were the actions taken by Roth in the current fiscal year to improve his performance on direct materials and direct labour costs ethical? Explain.
Explain steps of risk assessment methodology : Make risk assessment by defining university building , university canteen , students laboratories, library.
Joanne manages the schedule : Reread the ‘operations in practice' examples, ‘Joanne manages the schedule', and ‘operations control at Air France'.
What is the final amount due on the loan : Suppose you take out a loan for 180 days in the amount of $12,500 at 15% ordinary interest. What is the final amount due on the loan
Are all managers also leaders : Are all managers also leaders? Are all leaders also managers? Explain.
Skills approach and trait theory of leadership : Contraste between skills approach and trait theory of leadership?
Is cognitive dissonance ever good for an organization : Is cognitive dissonance ever good for an organization? For an individual?
Prepare the owner equity section of the balance sheet : Assume one year later (2019) the company KY Jeweller's Ltd, Prepare the owner's equity section of the balance sheet based on the info.

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