What will these equal payments? be

Assignment Help Business Management
Reference no: EM132233523

Mr. Bill S.? Preston, Esq., purchased a new house for ?$150 comma 150,000. He paid ?$30 comma 30,000 upfront and agreed to pay the rest over the next 30 years in 30 equal annual payments that include principal payments plus 13 percent compound interest on the unpaid balance. What will these equal payments? be?

a. Mr. Bill S.? Preston, Esq., purchased a new house for ?$150 comma 150,000 and paid ?$30 comma 30,000 upfront. How much does he need to borrow to purchase the? house? $120000. (Round to the nearest? dollar.)

b. If Bill agrees to pay the loan over the next 30 years in 30 equal? end-of-year payments plus 13  percent compound interest on the unpaid?balance, what will these equal payments? be?

Reference no: EM132233523

Questions Cloud

Explain how you would reduce potential vulnerabilities : Please explain how you would reduce potential vulnerabilities, protect against intrusion attempts, and better anticipate future threats.(350 words)
How much should shelley pay for this bond today : She has come to you for advice about the bond's value. How much should Shelley pay for this bond today?
Advances in technology have impacted employee privacy : Discuss how advances in technology have impacted employee privacy?
Corporate bond with a c rating : Which should have a higher risk premium on its interest rates, a corporate bond with Moody's Baa rating or a corporate bond with a C rating? Why?
What will these equal payments? be : Mr. Bill S.? Preston, Esq., purchased a new house for ?$150 comma 150,000. He paid ?$30 comma 30,000 upfront and agreed to pay the rest over
Calculate the average time customer waits : Calculate the average time a customer waits (in queue and being served) and the average number of cars in the queue.
At what amount should the trading securities be reported : By year's end, it had decreased in value to $90,000. At what amount should the trading securities be reported on the year-end balance sheet
Identifying physical properties and meaning : According to Kirk (2016), most of your time will be spent working with your data. The four following group actions were mentioned by Kirk (2016).
Explain how you expect the paper to contribute knowledge : Explain how you expect the paper to contribute knowledge and insight into the context supporting the topic. Remember, every topic has supporting context.

Reviews

Write a Review

Business Management Questions & Answers

  Caselet on michael porter’s value chain management

The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.

  Analysis of the case using the doing ethics technique

Analysis of the case using the Doing Ethics Technique (DET). Analysis of the ethical issue(s) from the perspective of an ICT professional, using the ACS Code of  Conduct and properly relating clauses from the ACS Code of Conduct to the ethical issue.

  Affiliations and partnerships

Affiliations and partnerships are frequently used to reach a larger local audience? Which options stand to avail for the Hotel manager and what problems do these pose.

  Innovation-friendly regulations

What influence (if any) can organizations exercise to encourage ‘innovation-friendly' regulations?

  Effect of regional and corporate cultural issues

Present your findings as a group powerpoint with an audio file. In addition individually write up your own conclusions as to the effects of regional cultural issues on the corporate organisational culture of this multinational company as it conducts ..

  Structure of business plan

This assignment shows a structure of business plan. The task is to write a business plane about a Diet Shop.

  Identify the purposes of different types of organisations

Identify the purposes of different types of organisations.

  Entrepreneur case study for analysis

Entrepreneur Case Study for Analysis. Analyze Robin Wolaner's suitability to be an entrepreneur

  Forecasting and business analysis

This problem requires you to apply your cross-sectional analysis skills to a real cross-sectional data set with the goal of answering a specific research question.

  Educational instructional leadership

Prepare a major handout on the key principles of instructional leadership

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