What is the present value of the payments

Assignment Help Finance Basics
Reference no: EM132775940

Suppose you take out a car loan that requires you to pay $7,000 now, $3,000 at the end of year 1, and $6,000 at the end of year 2. The interest rate is 3% now and increases to 9% in the next year. What is the present value of the payments?

Reference no: EM132775940

Questions Cloud

What is the after-tax present value : In percentage terms (e.g. 3.2345%), what is Marcia's real rate of return before and after retirement? (ROUND TO 4 DECIMAL PLACES)
Which capital investment analysis methods does not use : Which capital investment analysis methods does not use the present value of money? A series of equal net cash flows at fixed intervals is called a(an)
Establish a theoretical framework for program evaluation : Establish a theoretical framework for your program evaluation and survey current literature to determine the best methodology and approach for your program
What is the gross profit margin : 1.Find the return on assets if net income was $54,000, total assets are $114,000, EDIT was $99,000, and equity is $73,000. The return on assets is;
What is the present value of the payments : The interest rate is 3% now and increases to 9% in the next year. What is the present value of the payments?
Find how much is gain or loss on sale of delivery equipment : Find How much is the gain or loss on sale of delivery equipment in 2015? How much is the carrying amount of the note on December 31, 2015?
What is the current yield on the bonds : Bart Software has 8.8 percent coupon bonds on the market with 23 years to maturity. The bonds make semiannual payments and currently sell for 111.25 percent of
How the authors interpreted the findings : Find a program evaluation article that is peer-reviewed and includes a methodology and results section - Explain the statistical tests used and how the authors
Find out earnings per share of common stock without dividend : How do find out the earnings per share of common stock without the dividends? How do figure out the weighted average of outstanding shares?

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

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