You bought a home theatre 1 year back using hsbc bank

Reference no: EM13609921

You bought a home theatre 1 year back using HSBC Bank Credit card. HSBC Bank has sent you a bill now which shows that you have to pay 47840/- . The APR is 18%. And the ban says that they compound interest on monthly basis, find out the effective rate (otherwise called Equivalent Annual rate ) and also the cost of the TV?

Reference no: EM13609921

Questions Cloud

Identify each of white corporations following assets as an : identify each of white corporations following assets as an ordinary capital or 1231 asset.a. two years ago white used

Bill is one of six salespersons who works for gt : bill is one of six salespersons who works for gt corporation a firm specializing in industrial gears. gt has recently

Assume that aces are assigned a value to maximize the value : in the game of blackjack a player receives two cards. the value of each card is equal to its numerical value or 10 if

There are 18 turns in the primary coil and 20 turns in the : a transformer consisting of two coils wrapped around an iron core is connected to a generator and a resistor as shown

You bought a home theatre 1 year back using hsbc bank : you bought a home theatre 1 year back using hsbc bank credit card. hsbc bank has sent you a bill now which shows that

A truck travels 315 km north and then makes a 90deg left : a truck travels 3.15 km north and then makes a 90deg left turn and drives another 4.00 km. the whole trip takes 4.50

Tomorry company acquires a delivery truck at a cost of : tomorry company acquires a delivery truck at a cost of 22600. the truck is expected to have a salvage value of 6100 at

Weirs trucking inc is considering the purchase4 of a new : weirs trucking inc. is considering the purchase4 of a new production machine for 105000. the purchase of this new

What is the difference between a merger and consolidation : what is the difference between a merger and consolidation? list and explain the motives of mergers and

User Account

All Pages

You bought a home theatre 1 year back using hsbc bank

Reference no: EM13609921

Reference no: EM13609921

Questions Cloud

Reviews

Write a Review

Accounting Basics Questions & Answers

Ab and c are partners with capital balances of 50000 30000

Where is the product manufactured

What is the present value of his consulting contract b

Who are the stakeholders in this situation

Should the company keep the old building or purchase

Brandt cpas has obtained big-bucks a new publicly-held

Sherry rents her vacation home for 6 months and lives in it

Using the information provided prepare a balance sheet

Prepare a 2012 retained earnings statement for mcentire

Which of the following best explains the validity audit

Compute florida opticals rate of return on total assets and

Indicate the generally accepted accounting principles

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT