What is the interest amount for one months of interest

Assignment Help Financial Management
Reference no: EM132329247

Question

Interest on the bank loan is set at 9%. One month of interest has accrued.7800 is the loan amount,what is the interest amount for one months of interest?

The response paper should be in APA format, double spaced, hand-written, numbered pages, with a cover page and references.

Reference no: EM132329247

Questions Cloud

What part of christina sommers analysis you find convincing : What part of Christina Sommers' analysis and proposal you find convincing, if any, and what part of it, if any, do you find questionable?
What kind of computer do you recommend they get : Let's pretend that you have a friend named Deborah (you might, but let's pretend this is someone else) who is looking to get a new computer.
How much input do the people have to provide their opinion : Looking at the Administrator Procedure Act of 1946 it was designed to give the people a voice when new regulations are being brought up. It allowed for advanced
Discuss a review for contingent liabilities : Discuss a review for contingent liabilities, letters from the client's lawyers and post-balance-sheet review for subsequent events.
What is the interest amount for one months of interest : Interest on the bank loan is set at 9%. One month of interest has accrued. 7800 is the loan amount,what is the interest amount for one months of interest?
What kinds of stereotyping and discrimination have you seen : Are you non-White? If so, what kinds of stereotyping and discrimination have you seen non-Whites experience? Do you think racial discrimination can be reduced.
What amount should blue print report as current income tax : For the year ended December 31, 2018 Blue Print Inc. reported pretax financial statement income of $900,000. Its taxable income was $800,000.
Shopping for a new computer : If you go shopping for a new computer, what will you be looking for now? What do you think is the most important/useful component
How the margin of error is reported in the article : Write a brief description of the research article you selected and a brief summation of the sections on methods and results. Explain how the margin of error.

Reviews

Write a Review

Financial Management Questions & Answers

  What is the percentage price change of bond

what is the percentage price change of Bond J Bond K

  Given security with an expected return

Given a security with an expected return of 12.5% and a standard deviation of 18.6%,

  What is the firms price-earnings ratio

"A firm has net income of $198,500 and total equity of 1.15 million. There are 220,000 shares of stock outstanding at a price per share of $14.80. What is the firm's price-earnings ratio?"

  The federal tax rate is paid according to the schedule

The state tax rate is 2.5% and the federal tax rate is paid according to the following schedule (there are no other taxes).

  Setting the price on new outpatient service

Assume that the managers of Fort Winston Hospital are setting the price on a new outpatient service.  What per visit price must be set for the service to break even? To earn an annual profit of $100,000? Repeat Part a, but assume that the variable co..

  Cause severe negative payoff to consumers

Discuss why one bank going into a bust might cause a severe negative payoff to consumers (no math here)

  What would be the minimum annual cash flow

At a capital cost of 12%, what would be the minimum annual cash flow or break-even cash inflow?

  What is equipment after-tax salvage value

Karsted can sell the used equipment today for $8 million, and its tax rate is 35%. What is the equipment's after-tax salvage value?

  Thinking about trading cars

Jesse Pinkman is thinking about trading cars. He estimates he will still have to borrow $29,000 to pay for his new car.

  Nanotech pay to buy back its current outstanding bonds

If it can refinance at 10.07 percent, how much will Nanotech pay to buy back its current outstanding bonds?

  Value of dividends and future price

Compute the value of this stock with a required return of 11.4 percent.

  Calculate net cash flow for the business for this period

A house painting business had revenues of $16,600 and expenses of $9,600 last summer. Calculate net cash flow for the business for this period.

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