Focal date is 30 days from now

Assignment Help Finance Basics
Reference no: EM132538496

A loan payment of $1450 was due 45 days ago and a payment of $1200 is due in 60 days. What is the single payment made in 30 days from now is required to settle the two payments if interest is 7% and the focal date is 30 days from now?

Reference no: EM132538496

Questions Cloud

Study to investigate community problem : Imagine that you are a researcher and are conducting a study to investigate a community problem.
What impact do the transactions have on ebitda : What impact do the transactions have on EBITDA, operating profit and net income? Tax is levied at a rate of 35%. Over the course of the financial period
What are the schools of thought you would discuss : What are the "schools of thought" you would discuss and move between as a self-actualized, self-transforming learner? 250 words.
Explain why organizational structures differ : Explain why organizational structures differ. Define and provide an example of the four reasons why structures differ,
Focal date is 30 days from now : What is the single payment made in 30 days from now is required to settle the two payments if interest is 7% and the focal date is 30 days from now?
What is the christian view of the nature of human persons : What is the Christian view of the nature of human persons, and which theory of moral status is it compatible with? How is this related to the intrinsic human.
Compare two north american companies : Compare two North American companies - Perform all the horizontal analysis, vertical analysis and everything he has mentioned
How much money will be in account at end of that time period : The first deposit is made today. How much money will be in the account at the end of that time period? Round the answer to two decimal places.
Discuss whether or not these receipts are Anna income : With reference to the relevant legislation and/or case law, discuss whether or not these receipts are Anna's income from personal services

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