What simple interest? rate

Assignment Help Finance Basics
Reference no: EM131727137

You borrow ?$1000.00 from a friend and promise to pay back ?$1630.00 in 3 years. What simple interest? rate, to the nearest tenth of a? percent, will you? pay?

Reference no: EM131727137

Questions Cloud

What management have to say about companys recent results : What does management have to say about the company`s recent results? Does management appear pessimistic or optimistic about the future?
Calculate the net operating income under variable costing : ACCY211: Management Accounting Assignment. Calculate the net operating income under variable costing. Prepare an income statement using absorption costing
What will? paul monthly payments? be : He makes a ?$2,000 down payment and the dealer gives him an? add-on loan, charging him an annual interest rate of 8.6?%. If he takes out a 4?-year ?loan
Reduce completion time of the project by three weeks : What is the expected project completion time? What is most economical way and how much will it cost to reduce completion time of the project by three weeks?
What simple interest? rate : What simple interest? rate, to the nearest tenth of a? percent, will you? pay?
Explain the concept of expected value : In 2004, 70% of children in the United States were living with both parents, 23% were living with mother only, 3% were living with father only.
What is the real interest rate : If the nominal interest rate is 14% and inflation is 4%, what is the real interest rate? Round your answer to the nearest tenth of a percent.
Describe relevant terms that will be used throughout project : Describe the scope and analyze how to control the scope. Describe relevant terms that will be used throughout project.
Fund for grandson college education : Hector and Yolanda want to establish a fund for their? grandson's college education. What lump sum must they deposit at a 9.3?% annual interest? rate

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

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