How long will payments have to be made

Assignment Help Accounting Basics
Reference no: EM132778885

Question - A business valued at $1,500,000 is bought for $175,000 down with payments of $50,000 at the end of every 3 months. How long will payments have to be made if money is worth 13.5%, compounded monthly?

Reference no: EM132778885

Questions Cloud

Embedded generation for anoff-grid system : Project Optimal Scheduling of Embedded Generation for anoff-Grid System - electricity generation as well as to use the available resources
Where do stand on the environmental argument : The same reasons it was originally debated are essentially the same reasons it is still debated today. Where do you stand on this environmental argument?
What is the effect of this property dividend : What is the effect of this property dividend on 2016 retained earnings after all nominal accounts are closed
How justifiable was project for purpose of helping out san : How justifiable was the project for the purpose of helping out San Francisco after the earthquake? Do you think other factors were involved in this process?
How long will payments have to be made : A business valued at $1,500,000 is bought for $175,000 down with payments of $50,000 at the end of every 3 months. How long will payments have to be made
What thoughts about the hetch hetchy valley prior : Would it be a place you would have liked to visit and spend time exploring or would you not be interested in something like that? Why or why not?
Effectiveness to attract highly qualified employees : As a human resources manager, how can you reach an excellent level of effectiveness to attract highly qualified employees?
What would be the return on the stock : What would be the return on the stock, if the market return increased to 13% while the risk-free rate remained unchanged
Was the loss of jobs worth attempt to save owl population : In your opinion, was the loss of jobs worth the attempt to save the owl population, even though it seems to have been unsuccessful?

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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