Determine the discount and proceeds

Assignment Help Corporate Finance
Reference no: EM1347957

1) Find the discount and proceeds on a $3,260 face-value note for nine months if the discount rate is 9.5%. (use the bankers rule)

The discount is $ ? (round to the nearest cent as needed)
The proceeds are $ ? (round to the nearest cent as needed)
----------------------------------------------------------------------------------
2) a computer costs 2,941, Cathy pays a 20% per year finance charge on the cash price. If she contracts to pay the loan in 18 months, how much will she pay each month?

She will pay $ ? each month. (round to the nearest cent as needed)

----------------------------------------------------------------------------------------
3)find the future value and compound interest on 6,000 at 8% compounded semiannually for six years.

compound amount $ ? (round to the nearest cent as needed)
compound interest $ ? (round to the nearest cent as needed)

 

Reference no: EM1347957

Questions Cloud

Motivation for coming off shoring : Your challenge is to maintain productivity and a smooth operation prior to and during the outsourcing effort.
Benefits of social programs : In Excel spreadsheet, show whether this project is economically feasible. Would the majority approve this project (explain)? Does the project meet Pareto efficiency criterion (explain)?
Basics of an enforceable security interest : The bank demanded a security interest in Sabol's sound equipment. What are the basics of an enforceable security interest? What are the supplies of each of those elements
Protect proprietary interest by addressing ethical issues : Advise whether you agree or disagree with CEO, specifically addressing ethical issues involved. Suppose you make a decision to hire a hacker, how would you protect your proprietary interests?
Determine the discount and proceeds : Determine the discount and proceeds on a dollar 3,260 face-value note for 9 months if the discount rate is 9.5 percent.
Conflict management and motivation : Conflict management and motivation - Evaluating Performance through Motivation and Conflict Management
From colas to profit sharing and incentive style plans : Differentiate between the different styles of plans and defend or argue against the move to the new style plans.
Calculation of the required ratios : Use formulas to compute ratios and format cells to insert comma if there is more than three (3) numbers. Give your answer to the nearest whole dollar.
Description of employee motivation : The supervisor approaches you for advice. Articulate on how the supervisor can help the employee-Please discuss employee motivation, employee satisfaction, retention and productivity in the health care organization.

Reviews

Write a Review

Corporate Finance Questions & Answers

  Selecting the best option under the payback method

Suppose a $4,000 investment and the following cash flows for two options. Under payback method, which investment should be selected?

  Find lowest acceptable transfer price

The commando motorcycle corporation has decided to become decentralized and split its operations into 2 divisions. Motor and Assembly. Both divisions will be treated as investment centers.

  Determine the amortization period for rest of the costs

How much of start-up cost & organization expense can be deducted in the 1st year of operation? What is the amortization period for the rest of the costs?

  Find the average before tax profit of a round trip flight

Michael Bordellet is the owner or pilot of Bordellet Air Service. The corporation flies a daily round trip from Seattle's Lake Union to a resort in Canada.

  Explain what indicators would you look at to assess

Explain what indicators would you look at to assess whether your firm's long-term assets were impaired

  Calculate gross and net replacement rates

A center income worker, with a dependent spouse older than normal retirement age, stopped working in January 2004. In the year prior to retirement, her gross monthly receiving were $1,500.

  Identify the companys assets

Looking at Money Cares Investment Company to outline problematic or risk areas in firm's financial procedures. Upon reviewing the budget, you notice that there is overspending in marketing supplies,

  Determine the characteristics of an efficient portfolio

Determine the characteristics of an efficient portfolio and explain how are a portfolio's return and standard deviation determined?

  Objective questions based on peer group analysis

Meaningful peer group analysis needs that members of the peer group, Peterson Hotel corporation., has Earnings before interest and taxes of $9,827.

  Find predicted maximum probable loss

Bell Curve, corporation, determines the expected rate and standard deviation of its total liability losses for forthcoming year as $10 million & $3 million respectively.

  Discuss impact on savings burden in investment markets

Why does the tax value for an inclusive us tax that is created to replace an equal-yield comprehensive income tax have to be higher than income tax rate?

  Exponential discounter

Sue is an exponential discounter. Her discount function which illustrates her preference for money at various points in time is characterized as follows:

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