User Account

All Pages

What would be the accumulated amount of the debt

Assignment Help Accounting Basics
Reference no: EM132877335

Question - Cynthia borrowed $46,000 from a local bank at 5% compounded semi-annually to start a business. After 2 years, the interest rate on the debt changed to 4% compounded monthly.

Required -

a. What would be the accumulated amount of the debt in 2 years?

b. What would be the accumulated amount of the debt in 4 years?

Reference no: EM132877335

Questions Cloud

What is a channel marketing strategy : Question 1. What Is A Channel Marketing Strategy? Question 2. What Are The Channels Of Sales?
What actions cause a corporation owner to lose insulation : What actions cause a corporation owner to lose insulation from personal liability? Does a corporation have to pay taxes?
Describe the performance of respective companies : -Describe the performance of their respective companies during the time they were leading. were they effective leaders? Why or why not?
What is the amount of allocated manufacturing overhead costs : Manufacturing overhead cost is allocated at the rate of? $21 per direct labor hour. What is the amount of allocated manufacturing overhead costs for? August?
What would be the accumulated amount of the debt : Cynthia borrowed $46,000 from a local bank at 5% compounded semi-annually to start a business. What would be the accumulated amount of the debt in 2 years
What is the cash payback period for monty company : Monty company has identified that the cost of a new computer will be $48000, If depreciation expense is %5000 a year, the cash payback period is
Corporate tax exam sample : Discuss the U.S. federal income tax consequences of this series of events to all parties involved.
Calculate the stock price of happy company before : Calculate the stock price of Happy Company before and upon announcement of the share repurchase with debt. Briefly explain the price changes
Europe seems to create significantly serious tensions : Why is it that particularly Muslim immigration into Europe seems to create significantly serious tensions?

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: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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