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Alex Karev has taken out a $180,000 loan with an annual rate of 8 percent compounded monthly to pay off hospital bills from his wife Izzy's illness. If the most Alex can afford to pay is $3,500 per month, how long will it take to pay off the loan? How long will it take for him to pay off the loan if he can pay $4,000 per month? Use five decimal places for the monthly percentage rate in your calculations
If Alex can pay, the number of years it takes for him to pay off the loan is? (years) please show work on how answer was obtained.
A Treasury bond futures contract has a settlement price of 89'08. What is the implied annual yield? According to the text book the answer is Rd= 7.01% but I dont know how they arrived at that answer.
you bought one of rocky mountain manufacturing co.s 8 percent coupon bonds one year ago for 1028.50. these bonds make
the fair view golf amp country club details the following accounts in its financial statements.abaccounts
Assume that the long-term growth rate (g) is 2% and the dividend next year (D1) is $90 per share. Also, assume that Riskfree rate (Rf) = 4%, Expected market return
The face value is $1,000 and the market price is $1,020. Which one of these terms correctly describes a feature of this debt?
the expected return for the market portfolio is 15 the expected return on u.s. treasury bills is 4 and the expected
1.review the bank of america general business information letter or report to shareholders and managements discussion
midas corporation wants to build a new facility that will produce a new product line. the company expects the following
crockett corporations 5-year bonds yield 6.35 and 5-year t-bonds yield 4.75. the real risk-free rate is r 3.60 the
Blue Valley Corp. has total current assets of $11,090,000, current liabilities of $5,376,000 and a quick ratio of 0.74. What is its level of inventory?
Journalize the adjusting entries required to record the amortization, depletion, or impairment for each item.
The World Bank Group was established to help provide long term capital for the reconstruction and development of member countries. Determine which of the following is not one of its financial institutions?
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