What is the present value of one-year loan

Assignment Help Financial Management
Reference no: EM131583356

Your loan requires payments of $50 per month for the first 9 months and payments of $100 per month during the final 3 months. The APR is 12% and payments begin at the end of the first month. What is the present value of this one-year loan?

Reference no: EM131583356

Questions Cloud

Calculating interest rates and future values : What was the percentage increase per year in the winner’s check over this period? If the winner’s prize increases at the same rate, what will it be in 2046?
What is the accumulated sum of the stream payments : What is the accumulated sum of the following stream payments?
The firm current assets increased : The firm’s current assets increased by $34 million and spontaneous current liabilities increased by $19 million.
The account at the end of that time period : How much money will be in the account at the end of that time period?
What is the present value of one-year loan : The APR is 12% and payments begin at the end of the first month. What is the present value of this one-year loan?
Manufacturing process at simplicity : A manufacturing process at Simplicity XP has a fixed cost of $ 40,000 per month.
Calculating mortality and expense risk charge : Calculating a Mortality and Expense Risk Charge. What is your mortality and expense risk charge for the year?
What is the real rate of return for us long term bond : what is the real rate of return for a US long term bond.
The largest deduction from an employee paycheck : Normally, the largest deduction from an employee's paycheck is for?

Reviews

Write a Review

Financial Management Questions & Answers

  What is the difference between the expected return on equity

Southwest Physicians, a medical group practice in Oklahoma City, is just being formed. It will need $2 million of total assets to generate $3 million in revenues. Furthermore, the group expects to have a total margin of 5 percent. what is the differe..

  Make investment and savings decisions early in life

How should you take the various factors into account as you make investment and savings decisions early in life versus later in life, near retirement?

  What is the current stock price

Pasqually Mineral Water, Inc., will pay a quarterly dividend per share of $.80 at the end of each of the next 12 quarters. Thereafter, the dividend will grow at a quarterly rate of 1 percent, forever. The appropriate rate of return on the stock is 10..

  Tax payments a firms income tax refund

Free cash flow refers to a firm's cash reserve in excess of tax obligation a firm's funds in excess of what's needed for undertaking all profitable projects a firm's cash reserve in excess of interest and tax payments a firm's income tax refund that ..

  What is included in the terminal cash flow

What is included in the annual differential/ incremental cash flows? What is the impact of an increase or decrease in depreciation expense? What is included in the terminal cash flow?

  What is the net present value of paying the points

A homeowner can obtain a $250,000, 30-year fixed-rate mortgage at a rate of 6.0 percent with zero points or at a rate of 5.5 percent with 2.25 points. If you will keep the mortgage for 30 years, what is the net present value of paying the points (to ..

  How much will the annual premium be

Suppose that Blake wants to pay his premium annually during the policy term. How much will the annual premium be?

  How much will you have in your account on october

Fin534- Suppose that on January 1 you deposit $100 in an account that pays a nominal interest rate of 11.33463%, with interest added (compounded) daily. How much will you have in your account on October 1, or 9 months later?

  Maturity quoted at a discount yield

What is the price of a U.S. Treasury bill with 76 days to maturity quoted at a discount yield of 1.90 percent? Assume a $1 million face value.

  Calculating profits on margined and unmargined investments

Claire Gerber wants to buy 900 shares of Google, which is selling in the market for $542.93 a share. Rather than liquidate all her savings, she decides to borrow through her broker at 5 percent a year. Assume that the margin requirement on common sto..

  Explain the adjustment process to bring the trade

Assuming no initial offsetting capital flows, explain the adjustment process to bring the trade between the two countries into balance.

  What is equivalent annual annuity for each machine

Using the replacement chain approach to project analysis, What is the equivalent annual annuity for each machine?

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