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Suppose you have two student loans:
$15,000 with an APR of 8% for 15 years
$10,000 with an APR of 9.5% for 20 years
How much do you pay each month?
How long do you have to pay that monthly amount?
Over the course of each loan, how much total do you pay?
How much of that is interest? How much interest will you pay in total?
You have the opportunity to consolidate these 2 loans into a single loan with an APR of 8% and a term of 12 years.
Cecil's 40 year old daughter borrowed $60,000 on 1/2/14 using the money to start a new business; cecil does not charge her interest. She lives with cecil and provides her own expenses. compute cecil's 2014 income tax payable (or refund)
Approximately, 30% of the inventory purchased during any one year is not used until the following year: Illustrate what is the noncontrolling interest’s share of rockne’s 2011 income? b.Prepare Doone’s 2011 consolidated entries requir..
A N=2 year $2000 6% bond with quarterly coupons has redemption value $2050. It is purchased to yield 5% convertible quarterly. Construct a bond amortization table for the n = 8 quarters.
Calculate the volume of activity that the company will have to achieve in order to meet the targeted level of profit for each one of the four products.
stock investment transactions equity method and available for sale securitiesroman products inc. is a wholesaler of
As you learned in this week's reading, account receivables record bad debts or other promises to pay by debtors (Porter & Norton). To understand the accounting for the sale of investments and the generation of notes receivable,
the question is regarding working capital management involving computation of inventory needed.abc corp. is required by
gerrad manufacturing has projected sales of its product for the next six months as givenjanuary 300 unitsfebruary 700
Now, in Scenario B, we are going to borrow $4,000 debt and reduce the Equity to $6,000. Assume a 9% interest rate. Could you try to figure out the ROE. What conclusion could you draw from here?
In January 2011, Rogers Co. purchased a machine that cost $85,000. The equipment is estimated to have a 5-year life and a salvage value of $15,000. Compute the amount of depreciation expense for 2011 and 2012 using the double declining balance method..
What were Coca-Cola's and PepsiCo's net revenues (sales) for the year 2007? Which company increased its revenues more (dollars and percentage) from 2006 to 2007?
Evaluate, measure, value and present financial statements in conformity with GAAP relating to assets and assess financial accounting standards as they relate to presentation and disclosure in general purpose financial statements
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