User Account

All Pages

What would be the accumulated value of the loan

Assignment Help Accounting Basics
Reference no: EM133178494

Question - Reuben has the option of receiving a loan of $5,875 for 12 years at an interest rate of either 4.73% compounded monthly or 4.73% compounded semi-annually.

a. What would be the accumulated value of the loan at the end of the term, if it was received at the interest rate of 4.73% compounded monthly?

b. What would be the accumulated value of the loan at the end of the term, if it was received at the interest rate of 4.73% compounded semi-annually?

c. How much more interest would Reuben have to pay if he chose the monthly compounding interest rate intead of the semi-annually compounding rate?

Reference no: EM133178494

Questions Cloud

What is the asset cost of capital for the new division : Chae is valuing new division and has identified a comparable firm which has an expected return on equity of 10%, What is asset cost of capital for new division
What do the highs and lows have in common : 1. Discuss your career highs, lows, and plateaus. Include a graph with job satisfaction as the vertical axis and time in years (starting with your first job, fr
Evaluate linkages between hrm-organizational performance : 1. Critically evaluate the linkages between HRM and organizational performance and appraise the importance of performance management strategies and processes in
Build stronger relationships at work : how can you leverage these strengths in your awareness of others? How does your awareness of others allow you to build stronger relationships at work?
What would be the accumulated value of the loan : What would be the accumulated value of the loan at the end of the term, if it was received at the interest rate of 4.73% compounded monthly
Design a training program for team sales training : Design a training program for team sales training. In designing your program, specify each of the following:
Thinking about organizational diversity : Thinking about organizational diversity, what do you think an organization needs to change or do to successfully manage diversity? Explain
Explain in depth the cellular basis of cancer : Explain in depth the cellular basis of cancer and relate cellular origin to nomenclature of the major tumour types.
Why do you think the employer refused to rehire : 1). Why do you think the employer refused to rehire the strikers after they gave an unconditional promise to return?

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