What is the ear

Assignment Help Finance Basics
Reference no: EM13278817

You are looking at a one-year loan of $16,000. The interest rate on a one-year loan is quoted as 11.7 percent plus two points. What is the EAR?

Reference no: EM13278817

Questions Cloud

Compute the final pressure as well as q : calculate the final pressure, as well as q, w, ?U, and ?H. the gas is expanded isothermally and reversibly until the volume doubles
What power is radiated by this source : A spherical source radiates sound uniformly in all directions. At a distance of 13 m, the sound intensity level is 80 dB. What power is radiated by this source
Find the temperature at the aluminum-steel interface : In an aluminum pot, 0.15 kg of water at 100 degrees c boils away in four minutes. find the temperature at the aluminum-steel interface
Design one register to store the complemented data : desgin an 8-bit 2' complementer using sequentail circuit . you may use one register to store the data to be complemented, one register to store the complemented data, one half adder and one D-flip flop with other gates/registers
What is the ear : You are looking at a one-year loan of $16,000. The interest rate on a one-year loan is quoted as 11.7 percent plus two points. What is the EAR?
Social responsibility of business is to increase its profits : In "The Social Responsibility of Business Is to Increase its Profits," what economic idea is the author alluding to by stating that the social responsibility of business is to increase profits? Explain. What does Friedman mean when he equates social ..
Define change in enthalpy and change in internal energy : In an adiabatic compression if one mole of an ideal gas with a Cv=5R/2, the temperature rises from 293 K to 325 K. Calculate the heat, work, change in enthalpy and change in internal energy
What is the current value of one share of tortoise company : The rate expected in the marketplace for investments similar to Tortoise is 4.50%. Tortoise just paid a dividend of $2.80 per share. What is the current value of one share of Tortoise Company?
Find the inverse z transform f using the expression : Sometimes the partial fraction expansion is not needed in finding the inverse Z-transform- instead the properties of the transform can be used. Consider the function F(z) = z+ 1/z^2(z - 1) a. Determine whether F(z) is a proper rational function as ..

Reviews

Write a Review

Finance Basics Questions & Answers

  What effective annual rate does the bank pay

If a bank pays a 6% nominal rate, with monthly compounding, on deposits, what effective annual rate does the bank pay?

  Computing dividend payout ratio

Axel Telecommunications has a target capital structure that consists of 70% debt and 30% equity. The corporation anticipates that Axel capital budget for the upcoming year will be $3,000,000.

  What is the implicit cost of the trade credit

Sybex Corp. sells its goods with terms of 3/8 EOM, net 30. What is the implicit cost of the trade credit?

  The constant growth dividend valuation model

Estimate the constant dividend growth rate of the stock for the foreseeable future.You need to justify this rate based on your economic, industry and company analyses.

  Performance measures in the organization

Chow Corporation is an insurance company in Hong Kong. Chow hires fifty-five people to process insurance claims. The volume of claims is extremely high and all claims examiners are kept extremely busy.

  What is the effective interest cost of this loan

Set up the amortization schedule for a 5-year, $1 million, 9 percent term loan that requires equal annual end-of-year payments plus interest on the unamortized loan balance. What is the effective interest cost of this loan?

  What effect will this lie have on his insurance contract

What effect will this lie have on his insurance contract? What action should the insurer if the misstatement is found out after Buster dies?

  Explain decision making on the basis of the net present

Explain Decision making on the basis of the net present value criterion and One the basis of the net present criterion should the monkey be hired and the junior executive be fired

  What is the value of a right

Image Storage Corporation has 1,000,000 shares outstanding. It wishes to issue 500,000 new shares using a (North American) rights issue. If the current stock price is $50 and the subscription price is $47/share, what is the value of a right?

  Define products or services as commodities

Explain whether you would view their products or services as commodities and define your reasoning

  Residual dividend model

Axel Telecommunications has a target capital structure that Problems consists of 70 percent debt and 30 percent equity. The company anticipates that its capital budget for the 1­3 upcoming year will be $3,000,000.

  Estimating cost of capital

Canyon Corporation has two divisions: Division A makes up 50% of the company, while Division B makes up the other 50%. Canyon's beta is 1.2.

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