User Account

All Pages

What would be the PMT

Assignment Help Financial Accounting
Reference no: EM133101109

Question - Let us say, you are an ABM graduate in Senior High school, and is now a Certified Financial Analyst and you wanted to buy a car. Then Metro bank situated in Concepcion, Marikina offered you a loan of 5,000,000. The loan will be fully amortized over 5 years and the nominal interest will be 12%. What would be the PMT? And how much would he the amount allotted to interest on the 3rd year?

Reference no: EM133101109

Questions Cloud

How are liabilities subsequently measured : How are liabilities subsequently measured (Consider the items under Current Financial Liabilities eg. Accounts Payable, Notes Payable etc
How to motivate employees in variety of ways : Senior leaders must understand how to motivate employees in a variety of ways. Research major motivational theories, and pick 3 theories to discuss.
Count the amount loss due to fire : The level of gross profit is 25% of the cost. Inventory with a selling price of $30,000 was not damaged in the fire. Count the amount loss due to fire
Diversity of sexual variation : Diversity of sexual variation from the perspective of normal abnormal continuum
What would be the PMT : Marikina offered you a loan of 5,000,000. The loan will be fully amortized over 5 years and the nominal interest will be 12%. What would be the PMT
Journal article and critical analysis assignment : Summarizing and critiquing an academic journal article and Discussing sociological concepts, theories, and social trends
Calculate ROI, RI and EVA for each alternative : In the current year, the division had operating assets of $440,000; sales of $300,000 and operating profit of $88,000. Calculate ROI, RI and EVA
Primary forecasting techniques : Differentiate at least two or three key elements for each of the four primary forecasting techniques and how they apply to your chosen organization.
What is the total amortization expense : ABC Company capitalized patent costs of $40,000 at the beginning of the first year. What is the total amortization expense from year one to year ten

Reviews

Write a Review

Financial Accounting Questions & Answers

  What price will the bank buy jackie lee rop holding

B is receiving PHP 20k net of taxes every 6 months from the PHP 500k FXTN she bought during the initial issuance. What is the coupon rate of the bond?

  What would be the price of u-u

What would be the price of U&U with the same required return as in 1, if the dividend increases with 2% constant annual growth from year 4 onwards

  How much interest expense paid for allstar company

Monthly payments of $2,500 at the end of each month. The interest rate is 7.0% per year. How much interest expense will be paid on August 31, 2018?

  What the balance of retained earnings is

At December 31, 2019, the balance of retained earnings is? At December 31, 2018, Laurier Limited, had the following shareholders' equity

  Method of depreciation and has a fiscal year

On November 1, 2011, Frigate Shipping Company bought equipment that cost $400,000, with an estimated useful life of 8 years and an estimated salvage value of $28,000. The company uses the straight-line method of depreciation and has a fiscal year end..

  Compute the basic earnings per share amount

Compute the basic earnings per share amount for 2014. 200 000 fully paid ordinary shares issued on 1 September 2013 at the prevailing market price

  What income statement items are affected by the tent sales

How do you suppose Kicker accounts for the costs of the tent sales? What income statement items are affected by the tent sales? What was the profit (loss) from the Austin tent sale?

  What is the company cost of common stock

The risk-free rate is 5 percent and the market risk premium (rM - r) is 6 percent. What is the company's cost of common stock, r

  Compute the ending inventory at june

Beginning Balance 450 units at $2503/10. Using the LIFO Method, Compute the Ending Inventory (units and amount) at 06/30/18

  What the amount to be reported under cash flow

$57,000 are retired for $60,000 cash, resulting in a loss of $3,000. The amount to be reported under cash flows from financing activities is

  Which is an example of factoring with recourse

Which is an example of factoring with recourse? A company buys receivables but does not discloses a contingent liability. / company buys receivable and disclose

  Shipping and billing documents

Which audit assertion is met when testing renumbered shipping and billing documents

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