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You have just taken out a $220,000 loan for your house at an APR of 7.5% and a 30-year term. Payments are to be made monthly. Two years from now, you refinance at an APR of 5.5% and a 28-year term. What are your monthly payments for the new, 5.5% loan (to the nearest penny)? (Hint: The principle for the new loan is the payoff of the original loan.)
what are the difference between receipt and payment account and income and expenditure account ?
Investigate a recent company merger or take-over and: i) Critically evaluate the means by which managers may determine the bid price in such acquisitions. (You should use the b
I am facing some problems in my assignment of Performance Review in finance. Can anybody suggest me the proper explanation for it?
Mortgages - Financial Institutions An arrangement of the property being purchased provides the security for funding. Other assets may be employed like security for funding o
Attached is the file for your bond problem. Your group must use the following for the bond problem. In addition, using the general ledger software as described in the project i
Advantages of Central Depository System or CDS 1. It shortens the registration procedure in the stock exchange that is high speed of registering shareholders. 2. It improve
Market For Funds Market for Funds and Financial Institutions in Middle Asia 1. Financial markets refer to an elaborate system of the financial institution and arrange
Trading Mechanism 1. An investor approaches brokers who obtain his bid or prefer to the trading floor. 2. At the trading floor, the selling and buying brokers meet and sea
Investment Attributes/ Factors Influencing Selection of Investment In choosing specific investments, investors would require definite ideas regarding features
Define the term contractual savings depository institutions. Contractual savings institutions: Contractual savings institutions obtain funds at periodic intervals onto a
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