Weighted average interest rate

Assignment Help Finance Basics
Reference no: EM131189933

You have student loans with a total balance of $50,000, a car loan with balance of $15,000, and a mortgage with a balance of $175,000. the respective interest rates on the loans are 5%, 8% and 3.5%. Find the correct weighted average of your interest rates. Assume you make annual interest payments. show that the total interest paid this year is reflected in the weighted average interest rate.

Reference no: EM131189933

Questions Cloud

Calculate the project net present value : Assumes that the project requires an initial $7,000 working capital investment. The company's marginal tax rate is 30%. Calculate the project net present value a 12% discount rate.
Demonstrate how and why the strategy is important : Discuss one (1) Health Promotion Strategy proposed by your State. In this presentation demonstrate how and why the strategy is important
Determine risk level of the stock from your investors point : Based on your financial review, determine the risk level of the stock from your investor's point of view. Indicate key strategies that you may use in order to minimize these perceived risks.
What are the projected sales for the last year before sale : Roy Gross is considering an investment that pays 8.10 percent. How much will he have to invest today so that the investment will be worth $29,000 in six years? After that, the sales should grow 7 percent per year for two years, at which time the owne..
Weighted average interest rate : Find the correct weighted average of your interest rates. Assume you make annual interest payments. show that the total interest paid this year is reflected in the weighted average interest rate.
Write a literature review essay : Write a literature review essay on the impact of technology(negative and positive) on the current generation of young children and teens.
The feminization of poverty in rural kentucky : The Feminization of Poverty in Rural Kentucky: Creating Crime and Excessive Social Control- What did the author conclude about the problem or question as it relates to social control?
How would you characterize the competitive strategy : How would you characterize the competitive strategy of Walmart? What does Walmart do well? How does Walmart use its supply chain to compete? What should Walmart’s supply chain be able to do particularly well?

Reviews

Write a Review

Finance Basics Questions & Answers

  Determine the probability of recording

Determine the probability of recording 4 eye injuries, 3 hand injuries, 2 hand injuries, and 1 injury of the "other" variety. Of 5 total recorded injuries, what is the probability that fewer than 2 are eye injuries?

  A stock will pay a dividend of 200 this coming year the

a stock will pay a dividend of 2.00 this coming year. the expected growth rate in dividends is 4 and the required rate

  Hedge funds different from mutual funds

(a) What is the purpose of index funds? How does this differ from other equity mutual funds? Why are index funds growing in popularity? (b) How do closed-end investment companies differ from open-end mutual funds? (c) In what ways are hedge funds d..

  What is the reward-to-volatility ratio for the equity fund

Your client chooses to invest $50,000 of her portfolio in your equity fund and $150,000 in a T-bill money market fund. What is the reward-to-volatility ratio for the equity fund?

  What are the main differences between credit analysis and

what are the main differences between credit analysis and equity analysis? how do these impact the financial statement

  What is the operating cash flow for the project in year

You are evaluating a project for Ultimate Inc. The project produces chew-resistant doghouses. You estimate the sales price of these doghouses to be $500 and sales volume to be 2,500 units per year over the project's three-year life. Variable costs am..

  Recording the number of observed heads and tails

Consider an experiment involving tossing a coin 2 times and recording the number of observed heads and tails: (1) Obtain the sample space Ω; and (2) De?ne X as a two-dimensional random variable (X1 , X2) where X1 is the number of heads obtained in..

  What rate of interest is expected on british treasury bills

If the 1-year U.S. Treasury bill rate is 7.0 percent, the spot rate between U.S. dollars and British pounds is £1 = $1.69, and the 90-day forward rate is £1 = $1.68, what rate of interest is expected on British Treasury bills, assuming that interest ..

  Booths after-tax profit margin is forecasted to be 5

the booth companys sales are forecasted to increase from 1000 in 2002 to 2000 in 2003. here is the december 31 2002

  What must the expected return on this stock be

A stock has a beta of 1.25, the expected return on the market is 11.7 percent, and the risk-free rate is 4.5 percent. What must the expected return on this stock be?

  Analyze the result of deregulation and the impact on global

Using the Glass Steagall Act (1933) and the financial services modernization act (1999/2000), analyze the result of deregulation and the impact on global finance.

  What are the differences between common stock and

what are the differences between common stock and preferred stock? in which situations do corporations use each kind of

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd