What rate of return are you earning on the loan

Assignment Help Accounting Basics
Reference no: EM132594201

Question - Jed wants to borrow $1,000 from you. He is proposing to repay you with three annual payments of $334.48 starting immediately. In addition, he will make a final lump-sum payment of $130 three years from today. What rate of return are you earning on the loan?

Reference no: EM132594201

Questions Cloud

Discuss the situation faced by eesb from variance analysis : Discuss the situation faced by EESB from the variance analysis perspective. Justify your answers whether EESB is in trouble or not.
What is the present value of this stream of cash flows : The first two payments would be $27,000 and $23,000 in one and two years respectively, what is the present value of this stream of cash flows
Summarize the financial strengths of the business : Summarize the financial strengths and weaknesses of the business and prove it with evidence in the statement of cash flows? Provide the example.
The microbes causing meningitis and typhoid fever : Explain how the microbes causing meningitis and typhoid fever can induce fever and systemic shock in an infected patient.
What rate of return are you earning on the loan : In addition, he will make a final lump-sum payment of $130 three years from today. What rate of return are you earning on the loan
About the net neutrality : Base on your article review and the assigned reading, discuss how net neutrality will affect data networks and the availability of information to businesses.
Find differences between net income and the cash provided : Find the major differences between the net income and the cash provided or used by operating activities, and help understand the cause
How much interest will you pay : Suppose your credit card balance is $16,500. How much interest will you pay if you elect to make the minimum payment
Summarize the company major sources of cash : Summarize the company's major sources of cash and major uses of cash in each of the three sections (operating activities, investing activities)

Reviews

Write a Review

Accounting Basics Questions & Answers

  Estimate the outage rates

Power line outages. Seven power lines of different lengths had outages as shown below. The exposure of a line equals its length times the years observed. Assume that the number of outages has a Poisson distribution

  Discuss and analysis of direct costs

Predict the main costs (e.g. labor cost, material cost) associated with the production of VectorCals drone navigation system.Discuss and Analysis of Direct Cost

  Evaluates the claim and obtains funds

When an employee incurs an expense for medical services the employee pays for the costs and must submit a claim for reimbursement

  Individual income tax many people believe that the federal

individual income tax many people believe that the federal income tax is far too complex. but are there good reasons

  How much and what type of income must jane report

The partnership distributed $20,000 of cash during 2010. How much and what type of income must Jane report from 2010 partnership activity

  What is the amount of her adjusted gross income

During the year, Susan had salary income of $19,000. There were no other items includable in her gross income. What is the amount of her adjusted gross income

  Its highest-grade perfume seduction and a residue that is

exotic aroma company buys bulk flowers and processes them into perfumes in a two-stage process. its highest-grade

  Calculate the depreciation for the first two years

Calculate the depreciation for the first two years, (use full year depreciation) on the equipment purchased in point 3, assuming it has a useful life of 10 year

  Compute the future value compounded annually

Compute the future value of $1,000 compounded annually for 25 years at 8 percent

  What is change in operating income for furniture divison

Question: What is the change in operating income for the Furniture Division? Round your answer to the nearest dollar, if required

  Audit question - are the controls in place adequate

The company uses pre-numbered purchase orders. Audit question: Are the controls in place adequate? What improvement can be made

  Determine the probable income from operations

Construct a cost-volume-profit chart, assuming maximum sales of 50,000 units within the relevant range - determine the probable income (loss) from operations if sales total 30,000 units.

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