Estimation of annual loan payment

Assignment Help Corporate Finance
Reference no: EM1346539

With the following information determine the annual loan payment, using function wizard for PMT.
Invoice Price $250,000
Length of loan 4
Loan Interest rate 10%
Maintenance fee $20,000
Tax Rate 40%
Lease fee $70,000
Equipment expected life 8
Expected Salvage value 0
Market value after 4 yrs $42,500
Book value after 4 yrs $42,500

Reference no: EM1346539

Questions Cloud

Explain what benchmarks could you use : Explain what benchmarks could you use to determine the effectiveness of your meetings and how effective is communication within a group?
Find the magnitude of the gravitational force : find the mass defect (in u) for (a) helium-3 (2He3), which has an atomic mass of 3.016 030 u, and (b) the isotope of hydrogen known as tritium (1T3), which has an atomic mass of 3.016 050 u.
Prepare a paper describing the five bases of power : Prepare a paper describing the five bases of power and show which power bases are formal and which are personal
Expert response to - communication : Show how to communicate with the customer without damage your business relationship
Estimation of annual loan payment : With the help of following data estimate the annual loan payment, using function wizard for PMT.
Describe types of communications media : Communication - there are many types of communications media available to managers in today's organizations
What are the phase difference between the waves : A spring with constant k=15 N/m hangs from the ceiling. A ball is attached to the spring and allowed to come to rest. it is then pulled down 6 cm and free. if the ball makes 30 oscillations in 20 seconds, what are its maximum speed.
Important information about cross-cultural communication : Important information about Cross-Cultural Communication - What cross-cultural communication errors have you heard of? Have any happened to you?
Virtual communications : Virtual Communications - Explain what would you consider to be the top five communication skills managers

Reviews

Write a Review

Corporate Finance Questions & Answers

  Difference between spanning and a complete market

Capital structure decisions - What is the difference between spanning and a complete market? If a particular security is spanned, does that mean the market is complete?

  Compute annual dividend growth rate

Compute annual dividend growth rate over the 6 years using the same value the stock - Why might the stock price calculated in (b) no represent an accurate valuation to an investor with an 18 percent required rate of return?

  Find the firm ebitda

Jack's Art Gallery trade 200 original works of art for $1,240,520. The gallery acquired the works trade for dollar 530,000. Every painting was framed using pre-designed framing kits in gallery's own workshop.

  Determination of effective annual yield

The treasurer of DeShack corpoartion has approximately $1,000,000 to invest for the next sixty days. She is planning to buy of a T-bill with the following characteristics;

  Evaluate what is the net income for the year

Common stock increased by $197 and retained earnings decreased by $123 and evaluate what is the net income for the year

  Providing financial earnings projections

Assume that Jimmy Cliff, a financial writer, recently stated that "there are substantial arguments for including receiving projections in yearly reports & the like.

  Find after tax cost of debt and cost of equity

Chatham Craft's capital structure consists of 30 million dollar of debt and 90 million dollar of equity. The Corporations's CFO has provided the following information: interest rate on debt is 8 percent.

  Compute the expected return and standard deviation

The United State market has an expected return of 12% and a standard deviation of 22 percent. An index mutual fund that matches Morgan Stanley Europe, Australia has an expected return of 14 percent.

  Describe market efficiency

Define and explain Market Efficiency? What are implications of Market Efficiency, for the pricing of securities and investing corporations' money?

  Explain ranking differences and similarities

Maximizing shareholder returns usually implies that the firm must also satisfy customers, creditors, employees, suppliers, and other stakeholders.

  Make the entry to record the partial refunding

On August 31, Jenks Corporation partially refunded $180,000 of its outstanding 10 percent, note payable, made one year ago to Arma State Bank by paying dollar 180,000 plus dollar 18,000 interest.

  Universal life policy

The given table provides data about a universal life policy. Fill in the Table Year 1 Year 2 Year 3 Cash value at starting of year $10,000

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