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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?
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A company had average total assets of $3,216,000, total cash flows of $1,320,000, cash flows from operations of $554,000, and cash flows for plant assets of $850,000. The cash flow on total assets ratio equals:
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On January 11, 2010, the Hughes Company applied for a tradename. Legal costs associated with the application were $20,000. In January 2011, the company incurred $8,000 of legal fees in a successful defense of its tradename. The tradename was not impa..
CPP40307 Certificate IV in Property Services Real Estate Assignment Help, TAFE NSW Australia,You are required to Correctly complete the Trust Cash Book.
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