User Account

All Pages

What is the your annual payment

Assignment Help Accounting Basics
Reference no: EM132540928

Question - You recently obtained a loan to purchase a $250,000 home; the loan terms included annual payments for a 30-year term at an interest rate of 46 percent. What is the your annual payment?

Use time value of money factors with at least four decimal places and then round your final answer to the nearest whole dollar.

Reference no: EM132540928

Questions Cloud

Which type of costing system would recommend : For a manufacturer that produces large batches of automotive parts, which type of costing system would you recommend? Justify your answer
The organization staff regarding security : What are the roles and responsibilities for the organization's staff regarding security?
What is the terminal value of the machine : The allowable depreciation rate is 7% on a diminishing value basis. The company tax rate is 30%. What is the terminal value of the machine.
Prepare schedules for expected collections from customers : Prepare schedules for expected collections from customers and expected payments. Prepare cash budget for January and February in columnar form.
What is the your annual payment : The loan terms included annual payments for a 30-year term at an interest rate of 46 percent. What is the your annual payment
Real cost of hedging the eur payables : On the day when the forward contract was delivered, the spot rate of the EUR was AUD 1.418. What was the real cost of hedging the EUR payables for this firm?
Which of the projects should the firm adopt : A firm has the following capital budgeting projects that it can undertake.
What are the companys total assets at the end : Owners begin company by investing $30,000, Based on these transactions, what are the company's total assets at the end of the month
Describe the nonfunctional requirements for the system : You were talking to members of your favorite local band after a recent show. The topic of software came up, and the leader said she has a love-hate relationship

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.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd