Find the instalment price of television

Assignment Help Finance Basics
Reference no: EM133377208

Question: Khairul bought a television set with cash price of Rm6000. He paid a 10% down payment and the balance was settled by making a 24 monthly payments. If the interest was 8% per annum on the original balance ,
Find :
a. the instalment price of television.
b. the monthly payment.

Reference no: EM133377208

Questions Cloud

Show how the times interest earned ratio and the quick ratio : Is designed to show how the times interest earned ratio and the quick ratio interact to come up with a total asset turnover ratio
What message does film convey regarding interfaith relations : What kind of agency do traditional Jewish and Muslim women possess with regard to making their own decisions in the modern era?
What are ssls capital structure weights : What are SSLs capital structure weights and What is SSL's Weighted Average Cost of Capital (WACC)
What ways does this practice engage the supernatural : Describe an example of divination which you are familiar with from contemporary American life. In what ways does this practice engage the supernatural.
Find the instalment price of television : Find the instalment price of television and the monthly payment
Contrast karma-reincarnation and liberation in buddhism : Compare and contrast karma, reincarnation and liberation in Buddhism (make sure to discuss details of the Eight-fold Path to Liberation) and Hinduism.
Difference between a fixed and variable expense : Explain the difference between a fixed and variable expense. Provide at least 5 examples of each. Discuss ways you can account for both in budgeting
What solution would you recommend and why : Based on the "Making Information Risk Mitigation Decisions" Case by Professors Hans Brechbühl, Stephen Powell and Chris Dunning from Tuck School of Business
Significance of seeing the holistic big picture of the bible : How does this chapter contribute to the significance of seeing the holistic big picture of the Bible?

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

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