Calculate the apr of a loan

Assignment Help Financial Management
Reference no: EM132042990

Using the add-on method, calculate the APR of a loan for $12,950 at 10% for 3 years. (Do not round intermediate calculations. Round your answer to the nearest tenth percent.)

The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM132042990

Questions Cloud

History of making mental mistakes : You take over coaching a team that has had little discipline in the past and has a history of making mental mistakes.
What is the companys return on common equity : What percent of shares are owned by insiders? Institutions? Does it appear that insiders have primarily been buying or selling shares?
How has american society contributed to problem : What are the major dietary problems of Americans? How has American society contributed to this problem?
What are the ethical violations that occurred : In the "Milgram" and "Stanford" experiments what are the ethical violations that occurred?
Calculate the apr of a loan : Using the add-on method, calculate the APR of a loan for $12,950 at 10% for 3 years.
Death of ruth husband : What approaches did Ruth and Naomi take to maintain family homeostasis following the death of Ruth's husband?
Discuss an example of a financial scandal that was exposed : Discuss an example of a financial scandal that was exposed during a downturn and provide an Internet link for your classmates.
Functioning of the nervous system : Along with its ability to induce euphoria, cocaine, like Novocain, is a local anesthetic.
How do you determine cost of capital or required return : How do you determine cost of capital or required return on investment considerations? What formulas do you use and what do the calculations end up meaning?

Reviews

Write a Review

Financial Management Questions & Answers

  Foreign company acquisition

Acquisition by a foreign company and the effects of that decision and the results of foreign exchange in Euro and the exchange rate differences.

  Financial management for profit and non profit organizations

In this essay, we are going to discuss the issues of financial management in a non-profit organisation.

  Method for estimating a venture''s value

Evaluate venture's present value, cash and surplus cash and basic venture capital.

  Replacement analysis

This document show the Replacement Analysis of modling machine. Is replacement give profit to company or not?

  Business finance task - capital budgeting

Your company is considering using the payback period for capital-budgeting. Discuss the advantages and disadvantages of this technique.

  Analysis of the investment

In this project, you will focus on one of these: the additional cost resulting from the purchase of an apple press (a piece of equipment required to manufacture apple juice).

  Conduct a what-if analysis

Review the readings and media for this unit, including the Anthony's Orchard case study media. Familiarise yourself with the Anthony's Orchard company and its current situation.

  Determine operational expenditures

Organisations' behaviour is guided by financial data. In the short term, such data will help determine operational expenditures; in the long term, historical data may help generate forecasts aimed at determining strategic plans. In both instances.

  Personal financial management

How much will you have left over each half year if you adopt the latter course of action?

  Sources of finance for expansion into new foreign markets

A quoted company is considering several long-term sources of finance for expansion into new foreign markets.

  Long term financial planning

This assignment is designed for analyze Long term financial planning begins with the sales forecast and the key input in the long term fincial planning.

  Explain the role of fincial manager

This assignment explain the role of fincial manager, function of manger. And what are the motives of financial manager.

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