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1. Describe the similarities and differences in between an ordinary annuity, an annuity due, and perpetuity. Provide a methodical answer, including examples to demonstrate your points.
2. You wish to purchase a new sports car from Roy's Cars for $51,800. The contract is in the type of a 48-month annuity due at a 9.2 percent APR. Determine What will your monthly payment be?
Limitations of Credit Cards - Source of Finance Limitations of Credit Cards as a Source of Finance are as follow: i) These cards lead to overspending on the part of the hol
1-Suppose you deposit $ 5 000 in the bank. How much can you raise after 10 years when discount rate is 5% for the first four years and then rises to 7% annually? 2 -A used car co
Objectives or Goals of Business 1. Profit maximization - This is a traditional and a cardinal objective of a business. This is so for the following purpose: To
Significance of Cost of Finance The cost of capital is Significance since of its application in the following areas as: i) Long-term investment decisions - In capital b
Gross requirements of MRP System Accumulation of demand for this item from all sources independent and dependent. For instance, customer orders, spare part requirements, repla
TRADE FINANCE AND RISK
Explain the method of Offer of Sale Method of offer of sale consists in outright sale of securities through intermediary of issue houses or share brokers. In other words, sh
Describe how society's interests can influence financial managers. Occasionally the interests of a business firm's owners are not similar as the interests of society. For exam
Methods or Techniques of Financial Forecasting 1. Use of Cash Budgets A cash budget is a financial statement showing as: a) Sources of capital and revenue cash inflows
Define the direct finance and indirect finance in markets. In direct finance, borrower-spenders borrow funds directly by lenders into the financial markets through selling them
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