User Account

All Pages

What was the amount of the final payment

Assignment Help Accounting Basics
Reference no: EM133034469

Problem - A debt of $7737.84 is repaid by payments of $1244.94 in 7 months, $1179.89 in 15 months, and a final payment in 35 months. If interest was 8% compounded quarterly, what was the amount of the final payment?

Reference no: EM133034469

Questions Cloud

Personal value proposition statement : Write a personal value proposition statement in up to 3 sentences that communicates what market problem you solve in respect to your career goal
Calculate monthly mortgage payment : You buy an apartment building for $2,000,000. You make a down payment of $500,000. Calculate monthly mortgage payment
Confidence interval for the true mean cost of repair : Please explain how you arrived to your answer. Could you provide a 95% confidence interval for the true mean cost of repair?
How much would you pay for one share in Company TYK : Thereafter, dividends are expected to growth at a constant rate of 6% per year. The discount rate for TYK is 10%. How much would you pay for one share
What was the amount of the final payment : A debt of $7737.84 is repaid by payments of $1244.94 in 7 months, $1179.89 in 15 months, and a final payment in 35 months. What was the amount of final payment
Distributed applications and web services : Case Study in the area of Distributed Applications and Web Services. An organisation will be briefly described, which has a number of requirements
What would be the amount of gain or loss : Assume instead, that Parent sold these 10,000 shares in the open market for $40,000. What would be the amount of gain or loss
Prepare the journal entries to record the activity : Prepare the journal entries to record the activity related to the purchase of the equipment assuming that Masprajuices did acquire
Knowledge about the global economy : Many companies use their brand as a competitive advantage. Given your knowledge about the global economy:

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