User Account

All Pages

What was the effective cost of his loan

Assignment Help Accounting Basics
Reference no: EM133182977

Question - What are the main types of savings plans offered by financial institutions? Dave borrowed $780 and paid $78 in interest when he repaid the principal after one year. The bank also charged him a $8 service on a discount basis. What was the effective cost of his loan?

Reference no: EM133182977

Questions Cloud

Determine the balance of prepaid or accrued benefit cost : Determine the balance of prepaid or accrued benefit cost that will reflect in the statement of financial position in 2021
Create more value for the stakeholders of pepsico : Prescribe a course of action (initiative or project) for PepsiCo that will improve its value creation process or create more value for the stakeholders of Pepsi
Groups are negatively affected by inequality : Which institutions or groups are negatively affected by inequality? What sociological theory or theories might be used to help generate solutions to inequality?
Compare and contrast andragogy and pedagogy : Compare and contrast andragogy and pedagogy. Share personal experiences with both or either.
What was the effective cost of his loan : Dave borrowed $780 and paid $78 in interest when he repaid the principal after one year. What was the effective cost of his loan
Describe the population policy serves : Reflect on the types of disabilities that are difficult to identify but need some type of accommodation. Describe the population the policy serves.
What is the realized gross profit for the year : POKEMON rating indicates that it can be borrow money at 24% for a loan of this type. What is the realized gross profit for the year
About your ability to detect nonverbal cues : This assignment is all about your ability to detect nonverbal cues. Record a video of you making an announcement to your friends and/or family.
How much medicare levy and medicare levy surcharge : Reportable fringe benefits amount $29,999. How much Medicare levy and Medicare levy surcharge will Lachlan be required to pay, if any

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