What must the loan balance be if it is repaid after year 4

Assignment Help Financial Management

Reference no: EM131327344

A partially amortizing loan for $90,000 for 10 years is made at 6 percent interest. The lender and borrower agree that payments will be monthly and that a balance of $20,000 will remain and be repaid at the end of year 10.

Assuming 2 points are charged by the lender, what will be the yield if the loan is repaid at the end of year 10?

What must the loan balance be if it is repaid after year 4? What will be the yield to the lender if the loan is repaid at the end of year 4?

Reference no: EM131327344

Questions Cloud

What will the monthly payments be : What will the monthly payments be?- What will be the loan balance after 5 years?- If the loan is repaid after 5 years, what will be the yield to the lender?

Track the current position and direction of the ball : If the player chooses to play against an automated paddle, your program should control the motion of the paddle. You can track the current position and direction of the ball to estimate whether it should move up or down from its current position.

Contemporary theories to support your evaluation : Demonstrate a systematic understanding and critical appreciation of theories and models of creativity, innovation and change management in the context of contemporary organisations.

Why did preston brooks beat him so mercilessly : Why did Preston Brooks beat him so mercilessly? What you need to keep in mind at this point is that, at this point in time, slavery is not only not illegal but it is a constitutional protected institution. Not only the right to own slaves, but th..

What must the loan balance be if it is repaid after year 4 : What must the loan balance be if it is repaid after year 4? What will be the yield to the lender if the loan is repaid at the end of year 4?

With all of the investment to be made at the outset : A Japanese electronics manufacturer is contemplating investing $1 billion (with all of the investment to be made at the outset) in a 10-year investment project in the U.S. The Japanese company is well known in world capital markets and is universally..

What will be yield to lender if it is repaid after 8 years : How much will be due at the end of 10 years?- What will be the yield to the lender if it is repaid after 8 years?- If 1 point is charged in (b) what will be the yield to the lender?

What is the effective interest rate for the borrower : How much will the lender actually disburse?- What is the effective interest rate for the borrower, assuming that the mortgage is paid off after 30 years (full term)?

Write a program that prompts the user for a list of numbers : Write a program that prompts the user for a list of numbers that represent numeric grades. As each grade is input, compare it against 2 variables, highest and lowest.

User Account

All Pages