Determine the interest, Taxation

For the loan below, calculate principal interest portion of the payment listed in the last column.

 

Amortization

Payment

Nominal

Pricipal/Interest

Original

period

interval

rate (%)

portion of

Principal ($)

(years)

monthly

12% compounded monthly

Payment #

30,000

10

 

 

99

 

 

 

 

 

 

2. What will be the balance in 25 years of an investment plan that requires year-end contribution of $1000 for 25 years if it earns 7.5% compounded annually for the first 10 years and 8% compounded annually thereafter?

3. If Hans contributes $1500 to his rrsp on February 1, 1990 and every 6 months thereafter up to and including February 1, 2017, what amount will he accumulate in the RRSP by August 1, 2017?  Assume that the RRSP will earn 8.5% compounded semi-annually.  How much of the total will be interest?

Posted Date: 2/19/2013 12:28:32 AM | Location : United States







Related Discussions:- Determine the interest, Assignment Help, Ask Question on Determine the interest, Get Answer, Expert's Help, Determine the interest Discussions

Write discussion on Determine the interest
Your posts are moderated
Related Questions
Rubric Item #12(b) -- Margaret''s Own Interest in Father''s Trust

Microrax Company earned before-tax income of $960,000 for its 2013 fiscal year. During the year the company experienced a $605,000 loss from earthquake damage that it considered to

"Alfred E. Old and Beulah A. Crane, each age 42, married on September 7, 2010. Alfred and Beulah will file a joint return for 2011. Alfred''''s Social Security number is 111-11-111

I have MCQ In corp. Tax area ?

Kyle worked as a free-lance software engineer for the first three months of 2013. During that time, he earned $78,000 of self-employment income. On April 1, 2013, Kyle took a job a

The following fictitious information is provided for the ACCY 171 Spring 2013 Corporation Income Tax Return Project. Pharq Weston and Jeremy LeClair formed Modern Concepts, Inc., a



write a program on Uganda revenue authority taxation based on import and export cargo.

Facts Valerie Lawson and Clara Norman are the sole equal shareholders in the corporation of Lawson And Norman Enterprises, Inc. The corporation, which is a retail office supplies