Determine the present value of the lease percent

Assignment Help Financial Management

Reference no: EM13969743

1. Air Atlantic has been offered a 3 year-old jet airlines under a 12-year arrangement. The lease requires AA to make annual lease payments of $500,000 beginning of each of the next 12 years. Determine the present value of the lease percent.

A. 2,830,000
B. 13,635,500
C. 6,000,000
D. 3,226,367

2. You have borrowed 75,000 at 6% for 10 years. This is a monthly loan. What do you owe the lender in month 120?

A. 375
B. 75,375
C. 45,790
D. 0

3. A bank loans you $20,000, amortizing over five years at 12% pay yearly. What will be your yearly payment?

A. 5,548
B. 3,148
C. 6,125
D. 6,664

4. A bank loans you $20,000, amortizing over five years at 12% pay monthly. What will be your monthly payment?

A. 462
B. 672
C. 356
D. 445

5. A bank loans you $20,000, amortizing over five years at 12% pay yearly. How much interest will you pay in month 2 of the loan?

A. 179
B. 356
C. 198
D. 231

6. You will receive over the next ten years the following payment: $500 each year for years 1-5 and $1000 per year for years 6-10. If you can invest the money at 10% how much money will you have in year 20?

A. 13,351
B. 28,586
C. 16,947
D. 14,526,

Reference no: EM13969743

Questions Cloud

Determine the risks associate with separation from england : Determine the risks associate with separation from England. Develop a high level understanding of what colonial life was like. Who are the groups involved in this war?

Average annual rate of return : You are 22 year old today. You want to retire at age 55 and have $3 million at that time. Assume you can earm an average annual rate of return of 8.8 percent.

Problem regarding the statement of operations : Horizontal, vertical, and ratio analyses. Exhibits 4.29a and 4.29b show the statement of operations and balance sheet for Resort Hospital for 20X1 and 20X0. The debt principal payment each year for Resort is $1,300,000, and its adjusted discharges..

What image metaphors does the poem have : What image metaphors does the poem have? Which images in particular call attention to themselves? How, for instance, do you interpret "promontory" or "gossamer thread"? Others

Determine the present value of the lease percent : 1. Air Atlantic has been offered a 3 year-old jet airlines under a 12-year arrangement. The lease requires AA to make annual lease payments of $500,000 beginning of each of the next 12 years. Determine the present value of the lease percent.

Does bible ban homosexuality as we, 21st century post-modern : Does the bible ban homosexuality as we, 21st century post-modern subjects, understand it?

Estimate instantaneous rate of change of fuel consumption : Estimate the instantaneous rate of change of fuel consumption with respect to speed - Researchers at a major car company have found a function that relates gasoline consumption to speed for a particular model of car.

What event specifically triggered constitutional convention : Explain the philosophy behind the creation of the Articles of Confederation. What were some of the problems with our "first Constitution"? What event specifically triggered the Constitutional Convention?

Explain issues and challenges in creating global competence : Explain issues and challenges in creating global competence in teaching and learning and connections to academic standards and Common Core State Standards at multiple grade levels or content areas.

User Account

All Pages