User Account

All Pages

What is the outstanding balance after the sixth payment

Assignment Help Accounting Basics
Reference no: EM132729692

Problem 1: A debt of $33000 is to be repaid through annual payments of $1400 for the first 5 years, followed by annual payments of $2500 thereafter for as long as necessary. The interest rate is j2=3.6% What is the outstanding balance after the 6th payment?

Reference no: EM132729692

Questions Cloud

Discuss the technical aspects of your topic in general terms : Discuss the technical aspects of your topic in general terms. Discuss the public policy debates relevant to the topic you choose. This section should cover.
Consumer of medical services : Each consumer of medical services has slightly different needs. Think about your own needs with regard to medical services and those of your family.
Find what price would the investor pay for the bond : $14183.89 to an investor who wishes to yield j4=10% If the coupon rate was changed to j4=9% what price would this investor pay for the bond?
How your classmates achieved each course competency : Describe how you achieved each course competency including at least one example of new knowledge gained related to that competency.
What is the outstanding balance after the sixth payment : Annual payments of $2500 thereafter for as long as necessary. The interest rate is j2=3.6% What is the outstanding balance after the 6th payment?
Health problem in the human population : Choose a health problem in the human population. Some examples include cardiovascular disease, diabetes, cancer of a specific organ, an infectious disease, etc.
Calculate the npv for project z : Cash inflows of $26,094.00 at the end of each year for the next 15.0 years. The corporation has a WACC of 13.17%. Calculate the NPV for project Z.
Explain the purpose of the australian consumer law : 1. Explain the purpose of the Australian Consumer Law and how it protects consumers' rights.
Write an argument on euthanisa or mercy killing : Write an argument on Euthanisa or Mercy Killing. A paper in moral-ethical consist of at least six(6): (1) Introduction, (2) the presentation of the arguments.

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