User Account

All Pages

What is the final payment

Assignment Help Finance Basics
Reference no: EM133004082

To pay off a personal loan of $15,000 (principle) by the end of year 5, you plan to make three payments of $4,000 at the end of year 2, $8,000 at the end of year 4 and the remaining at the end of year 5. If the loan requires an interest rate of 7.2% p.a compounding annually, what is the final payment that you need to make to pay off this loan?

Reference no: EM133004082

Questions Cloud

What cost for wood should have been incurred to make : What cost for wood should have been incurred to make 9,000 rustic bird feeders? How much greater or less is this than the cost that was incurred?
Corporate governance and business ethics : Answer the following question: What is corporate governance and why does it matter?
Home loan to purchase a property : You are applying for a home loan to purchase a property of $400,000. The bank agrees to lend you the maximum amount of 80% of the property value. Home loan rate
How many equivalent units are as to direct materials : At the beginning of the period, Assuming weighted average method, how many equivalent units are there as to direct materials (DM) and conversion (C)?
What is the final payment : To pay off a personal loan of $15,000 (principle) by the end of year 5, you plan to make three payments of $4,000 at the end of year 2, $8,000 at the end of yea
Find out after-tax cost of debt : Rocky Mountain Ltd is considering a project that will result in initial cash savings of $8 million at the end of the first year, and these savings will grow at
How much fixed manufacturing overhead was applied : At the end of the year Boohoohoo produced over 750 different jobs. How much fixed manufacturing overhead was applied to all 750+ jobs?
Determine whether the x chart process : A quality control analyst for a light bulb manufacturer is concerned that the time it takes to produce a batch of light bulbs is too erratic. Accordingly, the a
What is the total manufacturing cost for boohoohoo inc : Boohoohoo Inc. uses a job order costing system. The estimated manufacturing overhead for the year. What is the total manufacturing cost of Job # 997 ?

Reviews

Write a Review

Finance Basics Questions & Answers

  Description of dividend payout

A company is evaluating its dividend policy. Selected data for the company are shown below. What are the company's options for raising the money needed for the capital budget?

  Is public sector production of airaafts ever justified

The aircraft company Airbus receives much of its funding from European governments. Airbus recently decided to build a new 550-seat mega-jetliner.

  Expected value of the rate of return

Why can the expected rate of return of investor be represented by expected value of the rate of return?

  What is the required rate of return on the portfolio

Assume that you manage a $10.00 million mutual fund that has a beta of 1.05 and a 9.50% required return. The risk-free rate is 4.20%.

  What is the irr of the after-tax cash flows for each company

A project requires an initial investment of $100,000 and is expected to produce a cash inflow before tax of $27,900 per year for five years.

  Find the present value under the conditions

1. Suppose you are expected to receive $10,000 in exactly 10 years. Find the present value under the following conditions. Assume the APR = 12%

  Develop a well-written researched paper your paper should

develop a well-written researched paper. your paper should address one of the topics listed below. as an alternative

  Risk and return

Risk and Return

  What is a trend and what types of trend

What is a trend and what types of trend might be indicated by performance data that is collected within the organsation?

  What are those fundamental decisions

What are those fundamental decisions? Which do you think is most critical to fair financial reporting?

  What is fama''s of debt-equity ratio

Fama's has a WACC of 9.8%. The company's cost of equity is 13%, and its cost of debt is 6.5%. The tax-rate is 35%. What is Fama's of debt-equityratio?

  What are potential risks to companies of paying executives

What are some potential benefits to companies of paying executives with stock options? What are some potential risks to companies of paying executives with stock options?

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