What is the size of the equal installments

Assignment Help Finance Basics
Reference no: EM133056800

A loan of $50000.00 made today is to be repaid in three equal installments due in one year, two years, and four years respectively. What is the size of the equal installments, if money is worth 8.4% compounded quarterly and the focal date is today?

Reference no: EM133056800

Questions Cloud

Calculate the expected return for all three portfolios : You recently graduated and got a job at J, J&J investment, on your first day at work you were given the task of estimating the expected returns for 3 portfolios
Treating at least three diseases or conditions. : Writer describes trends in the costs of care for treating at least three diseases or conditions.
Analyze the impact of sterling devaluation : Analyze the impact of sterling devaluation in international trade between the UK and the EU from 2016 to 2018. (The sterling devaluated since Brexit)
How much did Manigotagan pay on September : the goods on August 13th. The terms on the invoice are 4/10, n/30 EOM, how much did Manigotagan pay on September 2nd
What is the size of the equal installments : What is the size of the equal installments, if money is worth 8.4% compounded quarterly and the focal date is today?
Amount of the smaller final payment : Today, you have borrowed $12,000.00 at an interest rate of 8% compounded monthly. The loan is to be repaid by making monthly payments of $600, starting eight ye
Major components of businesses everywhere : The internetworking infrastructure is one of the major components of businesses everywhere. When working with interconnected technologies,
How much should be recorded as accrued liability : The corporation reached a settlement with the city government to pay P3,200,000 in penalties on Feb. 18, 2022. How much should be recorded as accrued liability
Find the accumulated value of an annuity : Find the accumulated value of an annuity of $200 paid at the beginning of every month for twenty years, if the interest rate is 3% compounded semi-annually.

Reviews

Write a Review

Finance Basics Questions & Answers

  What is the effective annual return

Maybepay Life Insurance Co. is selling a perpetual annuity contract that pays $3,400 monthly. The contract currently sells for $337,000.

  Deliver and evaluate a global talent management strategy

How does an organization design, deliver and evaluate a global talent management strategy?- Which talent management indicators would you include in the Standard Chartered's human capital scorecard?

  Considering a trade in a forward contract

A dealer in a commodity is considering a trade in a forward contract. The current spot price of the commodity is $500 per unit, the forward price for delivery

  Calculation of net present value of convertible bond

Calculation of Net present value of convertible bond and what is the Aramis Inc.'s net present value of its interest savings

  Provide lifetime income to annuitants

Although both fixed and variable annuities can provide lifetime income to annuitants, they differ in important ways. Compare and contrast (1) a fixed annuity with (2) a variable annuity with respect to each of the following:

  Managerial tasks in strategy execution

While companies must tailor their strategy-executing approaches to their particular situation, there are eight managerial tasks which are common elements in executing strategies

  What is the difference in the effective annual rates

PV Inc. needs to arrange financing to replace old equipment. Bank A offers to lend Pv the required funds on a loan where interest is charged monthly.

  How the company develops and executes its global vision

Describe how the company develops and executes its global vision? Do you feel the company's global vision is good or lacking in effectiveness

  Determine the liquidity premium for the corporate bond

A 20-year U.S. Treasury bond has a 3.50 percent interest rate, while a same maturity corporate bond has a 5.25 percent interest rate.

  What happens to the present value of an annuity

As you increase the length of the time involved, what happens to the present value of an annuity? What happens to the future value? Tri-State Megabucks Lottery advertises a $10 million grand prizes.

  What will be the value of cash holdings after transaction

What will be the value of her cash holdings after the transaction? What would be the value of her stock holdings after the transaction?

  Amortizing the remaining cost of the patent

After using the patent for four years, MP learns at an industry trade show that another company is designing a more efficient printer.

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