A person has borrowed the amount of pound10000 under the

Assignment Help Finance Basics
Reference no: EM13479463

A person has borrowed the amount of £10000 under the following condition of repayment: an amount of 500 will be repaid at the end of each month that will be completely used in repaying the capital. Interest will be levied only on the unpaid part of the capital at an annual rate of 12%. what is the number or instalments?

Reference no: EM13479463

Questions Cloud

Suppose the real risk-free rate r is 2 and investors expect : financial management - overview and environment1. suppose the real risk-free rate r is 2 and investors expect inflation
Given the following information what is the effective cost : given the following information what is the effective cost of the new machine that is what is the cash flow at t
For this assignment you will choose a topic of interest to : for this assignment you will choose a topic of interest to you relating to technology in education. this paper must be
Garrett erdle has just turned 26 years of age although : 1. garrett erdle has just turned 26 years of age. although garrett currently has a negative net worth he expects to
A person has borrowed the amount of pound10000 under the : a person has borrowed the amount of pound10000 under the following condition of repayment an amount of 500 will be
Choose one of the topics given below and write a rhetorical : rhetorical analysis essay 1000 to 1200 words.choose a topicchoose one of the topics given below and write a rhetorical
When examining financial statements a note that describes : topic 1 contingencieswhen examining financial statements a note that describes contingencies should be reviewed closely
The asset will be depreciated on a straight line basis to : blain corporation is considering the purchase of a machine which has an expected 8 year life and costs 20000. the
Explain the differencies and comparison between fitch : question 1 explain the differencies and comparison between fitch moody standard amp poors in assessing the credit

Reviews

Write a Review

Finance Basics Questions & Answers

  It implements a money market hedge

a. Determine the amount of dollars that Narto Co. will receive at the end of 1 year if it implements a money market hedge.

  Explain why you would change your nominal required rate

Explain why you would change your nominal required rate of return if you expected the rate of inflation to go from 0 (no inflation) to 4 percent. Give example of what would happen if you did not change your required rate of return under these cond..

  What would be your rate of return

what would have been your rate of return on this investment? What would be your rate of return if you had put in a market order? What if your limit order was at $18?

  What is the times interest earned ratio

Dexter's. has net income of $11,000, interest of $480, cost of goods sold of $31,500, and depreciation of $900. What is the times interest earned ratio if the tax rate is 35 percent?

  Managers must not focus on current stock value because

managers should not focus on the current stock value because doing so will lead to overemphasis on short-term profits

  Information about financial planning

Design a financial plan for them. How much would be their initial deposit? Would you use simple or compound interest? Would you compound the interest annually or monthly?

  Calculate the federal estate tax due on his estate.

When Russell Hypes died unmarried in 2012, he left an estate valued at $6,650,000. His trust directed distribution as follows: $15,000 to the local hospital, $75,000 to his alma mater, and the remainder to his three adult children. Death-related cost..

  What is the average return of a portfolio composed

What is the average return of a portfolio composed of equal proportions of gold and stocks?

  Description of business analysis

As the research starts to come in about your expansion opportunities abroad, the marketing department has discovered that the price elasticity for CPI's products in Brazil is expected to be much greater than in current markets served.

  Compute the weighted average cost of capitol

Assume debt and common equity each represent50% of the firms capitol structure. Compute the weighted average cost of capitol.

  Clculate realized rate of return for investors who

six years ago the singleton company sold a 20-year bond issue with a 14 percent annual coupon rate and a 9 percent

  Which asset have a greater annual straight-line depreciation

Asset B will have a useful life of 8 years and cost $3.5 million; it will have installation costs of $200,000 and a salvage or residual value of $800,000. Which asset will have a greater annual straight-line depreciation?

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