User Account

All Pages

Amount of the monthly payments

Assignment Help Business Management
Reference no: EM131105198

A commercial bank will loan you $46,837 for 7 years to buy a car. The loan must be repaid in equal monthly payments at the end of the month. The annual interest rate on the loan is 6.21 percent of the unpaid balance. What is the amount of the monthly payments? Round the answer to two decimal places.

Reference no: EM131105198

Questions Cloud

Prepare a statement of cash flows using the indirect method : The following are the financial statements of Nosker Company. Prepare a statement of cash flows using the indirect method.
Design a stepped-impedance low-pass filter with fc = 2.0 ghz : Assume a maximally flat N = 5 response, and solve for the necessary line lengths and impedances if Z = 10 and Zh = 150 . Use CAD to plot the insertion loss versus frequency
The management of quality airlines : The management of Quality Airlines has decided to base its overbooking policy on the stochastic single-period model for perishable products, since this will maximize expected profit.
What does degree of variation in modern human mtdna suggest : How did a shift to a more sedentary lifestyle and reliance on grains affect the Natufians' health?
Amount of the monthly payments : The loan must be repaid in equal monthly payments at the end of the month. The annual interest rate on the loan is 6.21 percent of the unpaid balance. What is the amount of the monthly payments? Round the answer to two decimal places.
Compute how much money accumulates in a savings : Use the switch stnicture to write a MAItAll program to compute how much money accumulates in a savings account in one year. The program should accept the following input: the initial amount of money deposited in the account: the frequency of interest..
Payback period for shareholders : In addition, profits will increase by $5 million per year for the next 10 years. All payments can be viewed as being made by shareholders; calculate the payback period for shareholders on this investment.
Plot the insertion loss versus frequency : Use CAD to plot the insertion loss versus frequency.
Compare with the lossless case : r = 4.2, d = 0.079 cm, and tan δ = 0.02, and with copper conductors 0.5 mil thick. Use CAD to plot the insertion loss versus frequency in the pass band of the filter, and compare with the lossless case.

Reviews

Write a Review

Business Management Questions & Answers

  How do the structural components of language develop

How do the structural components of language develop in the early years? Investigate the development of phonology, morphology and syntax.

  Benefits of group or team conflict

How is it possible to differentiate the positive from the negative types of conflict within a group or team environment?

  Solving linear programming problem

Simplon producing must decide on processes to use to make 1650 units. If machine one is used, its production will be between 300 and 1500 units.

  History of the sabanes-oxley act

- Provide a brief history of the Sabanes-Oxley Act in your own words, and explain why it was initially enacted. - What business or company would you consider the best example for where the Sabanes-Oxley Act was utilized?

  What do you deliberate to be important challenges

Looking to the future, there are many challenges facing American health care providers. What do you deliberate to be important challenges

  Write an essay analyzing the political economic and social

Write an essay analyzing the political, economic, and social reforms introduced in the South between 1864 and 1877. Also, explain to what extent did these reforms survive the Compromise of 1877.(as you consider which questions you will answer, rememb..

  Persuasive communication1 explain the three techniques for

persuasive communication1. explain the three techniques for managing communication apprehension.2. why should all three

  Volunteer based network

The joint effort by IBM and the cancer institute of New Jersey works by digitalizing medical diagnoses on the world community grid (WCG).What are the advantages and disadvantages of relying on a volunteer based network such as this? Provide exampl..

  Duffy-mott organizational problem

Explain the general organisational problem (and it's contractual implications) that is illustrated by this conflict and suggest an alternative organisational structure that would improve the position of everyone involved. Explain why.

  Janet wants to assign a very important advertising account

Janet wants to assign a very important advertising account to one of her writers. First she revised each writers work load, then she deliberate the sales data of the products for the last three campaigns of each writer

  Question about the role of perception in the decision

question about the role of perception in the decision making processwrite a 1050 to 1400 words examining the role of

  A modestly wealthy individual has left an estate to his son

ESTATE LIQUIDATION A modestly wealthy individual has left an estate to his son. The value of some assets are estimated to increase over time while others are estimated to decrease. Estimates of the values (in $1000) of the assets contained based on t..

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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