Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Problem 16-10: Unsecured sources of short-term loans. John Savage has obtained a short-term loan from First Carolina Bank. The loan matures in 180 days and is in the amount of $45,000. John needs the money to cover start-up costs in a new business. He hopes to have sufficient banking from other investeros by the end of the next 6 months. First Carolina Bank offers John two financing options for the $45,000 loan: A fixed-rate loan at 2.5% above prime rate, or a variable-rate loan at 1.5% above prime. Currently, the prime rate of interest is 6.5%, and the consensus forecasts of a group of mortgage economists for changes in the prime rate over the next 180 days are as follows: 60 days from today the prime rate will rise by 0.5%; 90 days from today the prime rate will rise another 1%; 180 days from today the prime rate will drop by 0.5%. Using the forcast prime rate changes, answer the following questions.
a. Calculate the total interest cost over 180 days for a fixed-rate loan.
b. Calculate the total interest cost over 180 days for a variable-rate loan.
c. Which is the lower-interest cost loan for the next 180 days?
Fluorine 18, which has a half live of 110 min, is used in PET scans. If 100 mg of fluorine 18 is shipped at 8am, how many mg of the radioisotope are still active if the sample arrives at 130 pm
A plot o f the reciprocal concentration of chemical A versus time yielded a straignt line with a slope
Problem- What name is given to the shape of a molecule with no lone pairs of electrons on the central atom and 6 electron domains on the central atom
Compare and contrast the three major Acid-Base Theories, Arrhenius, Bronsted- Lowry and Lewis. Give approximate explanations of the dynamics, and provide at least three examples that illustrate each of the theories' major points.
Approximately how many grams of KCl are there in 200 mL of a 4.0% by mass KCl aqueous solution? Assume that the density of solution equals that of pure water.
The diameter of Earth at the equator is 7926.381 mi. Round this number to three significant figures, and express it in standard exponential notation.
A beaker with 115 of an acetic acid buffer with a pH of 5.00 is sitting on a benchtop. The total molarity of acid and conjugate base in this buffer is 0.100 . A student adds 9.00 of a 0.430 solution to the beaker. How much will the pH change? The ..
How many kilojoules are released when 75.0g methanol is burned
why are active on-duty firefighters likely to experience the adverse health effects from inhaling 300 ppm of carbon
Calculate the wavelength of the radiation released when an electron moves from n=5 to n=2. The answer i got was 152 nm but apparently thats wrong.
Determine the pH of a solution of 10-3 M sodium formate. (Formate is a byproduct of microbial metabolism, and can also serve as an energy source for anaerobic bacteria.
A gas with an initial volume of 24.0 L at a pressure of 565 mmHg is compressed by a pressure increase of 0.25 Pa. What is the final volume (L) of the gas, assuming the temperature does not change?
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd