RM20,000 credit card load held at a monthly compound interest rate of 20% would accrue a total compound interest of how much over the course of a year, and for each month? show working
Q: could not understand need manual answer no
A: Money paid today is not same as in the future because value of money decreases with time because the…
Q: You have been hired to value a new 30-year callable, convertible bond. The bond has a 5.3% coupon,…
A: The bond price is the current estimated value of a bond's future cash flow. It is the present value…
Q: A bond that matures in 16 years has a $1,000 par value. The annual coupon interest rate is 12…
A: Bonds are debt instruments issued by companies. The issuing company pays periodic interests or…
Q: A U.S. firm holds an asset in France and faces the following scenario: State 1 25% State 2 State 3…
A: A U.S. firm holds an asset in France and faces multiple scenarios of exchange rate. It's therefore…
Q: Assume
A: To calculate the impact of the Series B investment on the ownership and value of Newco, we can first…
Q: he balance sheet for Revolution Clothiers is shown below. Sales for the year were $3,200,000, with…
A: A ratio is a mathematical relationship between two variables. The investor can evaluate the…
Q: W h a t i s t h e f i n a n c i a l p l a n n i n g p r o c e s s ? C o n t r a s t l…
A: “Since you have posted multiple questions with multiple sub parts, we will provide the solution only…
Q: Dr. Zhivago Diagnostics Corporation's income statement for 20X1 is as follows: $ 2,390,000 1,400,000…
A: Ratio analysis is an analytical way of acquiring knowledge about the liquidity of a firm, its…
Q: A payment of $12,000 six years from now is equivalent, at 10% interest, to an annual payment for…
A: A single bullet payment in future has to be replaced by an ordinary annuity. The value of this…
Q: Find the APR (true annual interest rate), to the nearest half percent, for the following loan.…
A: When the lender lends a loan to the borrower, he charges a rate of interest on the borrowed amount.…
Q: Fixed Cost (FC) per month $8,400.00 Variable Cost (VC) per unit $730.00 $27.00 $130,000.00 $490.00…
A: As per guidelines, I am required to answer only the first 3 questions Break even point refers to…
Q: Developing financial computing skills, such as expertise with software like Excel, is important…
A: Financial computing skills refer to the ability to use various software tools and programs, such as…
Q: borrower can obtain an 80 percent loan with an 8 percent interest rate and monthly payments. The…
A: The incremental cost of borrowings is the cost needed to pay over and above the cost of using one…
Q: ome Statement (SM) Sales 250.40 of Goods Sold 131.95 ss Profit 118.45 A Expenses 65.50 rating Income…
A: When all costs and expenses are deducted from net sales, it results net income. So, net income can…
Q: You have just taken out a $23,000 car loan with a 5% APR, compounded monthly. The loan is for five…
A: EMI or monthly mortgage payments are the fixed amount paid by the borrower to the lender that…
Q: She plans to invest for the long term mention sub-parts to be solved
A: The solution to the remaining sub parts - d and e are given below: d. To determine the after-tax…
Q: A stock price is currently $50. Over each of the next two three-month periods it is expected to go…
A: It represents a kind of options contract where the option buyer is not bound to purchase the…
Q: decisions refer to how a firm manages its short-term resources on a day-to-day basis. O Investment O…
A: Financial decisions refer to the process of making strategic decisions related to a company's…
Q: Linda
A: We can use the formula for calculating compound interest to solve this problem: A = P(1 +…
Q: Answer for question 6 is still wrong. What would be the impact on cash flow if depreciation was…
A: Cash flow includes only cash dealt transactions. Since depreciation is a non-cash item, it is added…
Q: After making an investment, an investor learns that Intel stock is now undervalued. This is an…
A: Investment refers to the purchase of assets or securities with the intention of generating a return…
Q: At an annual effective interest rate of 5.1%, Asset A has a modified duration of 20.3 and a price of…
A: Modified duration is a measure of the sensitivity of the bond price to changes in the interest rate.…
Q: Use the following returns for X and Y. Year 1 234in 5 Returns X 21.18 -16.1 9.1 18.2 4.1 Y 24.38…
A: Standard deviation is a statistical measure of the amount of variability or dispersion in a set of…
Q: Delta of a call option is 0.85. Stock price is currently $50. How much money do you need to borrow…
A: Hedging is a risk management approach that is used to balance financial losses by acquiring an…
Q: Find the amount of each payment to be made into a sinking fund earning 8% compounded monthly to…
A: Future value = $51,000 Interest rate = 8% compounded monthly Period = 8 years Payments are made…
Q: The answer for other current liabilities is wrong and not 37M
A: Select information from the income statement and the balance sheet have been provided. Several…
Q: A student takes out a loan of $1,400 at the beginning of each semester (semi-annually) for 11…
A: A loan is taken out the beginning of the period for a finite number of periods. The loan accumulates…
Q: NZ equity market
A: In finance, liquidity refers to the ease with which an asset can be bought or sold in the market…
Q: so you decide to 50
A: Down payment = Current Price of the car - PV of all the payments.
Q: Analyze the financial status of Starbucks in the last five years (2018-2022), and give data and…
A: Starbucks is a multinational coffeehouse chain based in Seattle, Washington, in the United States.…
Q: 6.30 For the alternatives shown, determine the sum of the cash flows in the Z-X difference column.…
A: Given information: First cost of System X is -$40,000 and for Z is -$95,000 Annual operating cost of…
Q: Dewey skyes plans to open a business in eight years when he retires. How much must he invest today…
A: The concept of time value of money will be used. Future value is given and we have to compute the…
Q: a firm is analyzing a project that is expected to have an annual cash flows of 46,400, 51,300, and…
A: MIRR stands for modified internal rate of return. In the discounting approach we discount all the…
Q: you obtain the following spot rate schedule. All rates are semi-annual compounded. What is the spot…
A: Price of the bond is the PV of all future coupons and par value discounted at the respective spot…
Q: Weston Corporation just paid a dividend of $2.75 a share (i.e., D0 = $2.75). The dividend is…
A: Given the following: Current dividend, D0 = $2.75 Growth rate for 3 years, gs = 9% Growth rate…
Q: Harold Filbert is 30 years of age and his salary next year will be $20,000. Harold forecasts that…
A: Present value is a financial concept that represents the value of a future sum of money in terms of…
Q: 18. Which statement is untrue regatding material standards? A. Waste and reject allowances are…
A: Material standards are an important part of the cost accounting process in manufacturing companies.…
Q: WRITE and submit a prepare on your perspective to the statements: “The primary role of management…
A: This statement reflects the shareholder wealth maximization (SWM) concept, which asserts that the…
Q: achieved by diversification or holding a large nu rsified portfolio that is composed of 500 large st…
A: 1.A Diversified portfolio that consists of many stocks from varieties of companies, from varieties…
Q: 1 Stock Z is trading at $50 today. In one year, the value will go either up to $62.50 or down to…
A: Trading Price=$50 Strike price=$55 If Stock prices go up: then, stock price=$62.50 If stock prices…
Q: Unit Activity: Mathematical Models and Consumer Finance Part B How does making a down payment on a…
A: Buying a car is a significant investment for most people, and many buyers often rely on financing…
Q: Explain the features of venture capital.
A: A type of private equity funding known as venture capital is given to early-stage or fast-growing…
Q: Riverbed Inc. wishes to accumulate $1,274,000 by December 31, 2030, to retire bonds outstanding. The…
A: A target value has to be accumulated in future through an initial deposit and periodic quarterly…
Q: Procter and Gamble (PG) paid an annual dividend of $2.94 in 2021. You expect PG to increase its…
A: Here,
Q: A leasing contract calls for an immediate payment of $100,000 and nine subsequent $100,000…
A: Immediate Payment is $100,000 Subsequent Semi Annual Payment (PMT) is $100,000 Annual Discount Rate…
Q: Suppose you want to have $400,000 for retirement in 35 years. Your account earns 9% interest. a) How…
A: Answer 3 Future value = $400,000 Number of monthly deposit, n =35*12=420 Interest rate per period,…
Q: ABC Corporation has hired you to evaluate a new FOUR year project for the firm. The project will…
A: A typical capital budgeting project is available. The year wise occurrence of cash flows are known.…
Q: Identify at least 3 reasons that corporations engage in risk management
A: Risk refers to the possibility of an event occurring that could result in harm or loss, or the…
Q: Carla Vista Corp. management plans to issue seven-year zero coupon bonds. It has learned that these…
A: The zero coupon bonds do not pay coupon payments. These bonds are issued at discount but mature at…
Q: 99. During January, 7,000 direct labor hours were worked at a standard cost of P20 per hour. If the…
A: The direct labor rate variance measures the difference between the actual rate paid for direct labor…
RM20,000 credit card load held at a monthly
Step by step
Solved in 4 steps with 2 images
- If a nine month term deposit at a bank earn a simple interest rate of 9% per annum, how much should be deposited to earn Php225 of interest?A loan of £70,000 is repaid in 18 annual instalments of £6,400,with the first repayment due in one year.What is the interest rate?If a nine-month term deposit at a bank a simple interest rate of 9% per annum, how much will have to be deposited to earn $ 225 of interest?
- What is the monthly payment to repay a 10 year loan of $200,000 at a nominal rate of 15% per year if the interest is compounded quarterly? Assume interperiod compounding.What is the monthly payment on a loan of $5,000 at APR = 8% for one year.20.000 TL loan is being repaid by installments of 400 TL at the end of each month for as long as necessary, plus a final smaller payment. If interest is at J12 = 12%, find the outstanding balance at the end of 3 years.
- Supposed you deposited rm5000 in a bank account that pays 5.25%with daily compounding based on a 360 day year. How much would be in the account after 8 months, assuming each month has 30 days.A debt of P20,000 with interest at the rate of 15% compounded semi-annually is to be amortized by 3 equal payments at the end of each 18 months. How much would the equal payments be? Construct an amortization schedule please draw the cashflow diagramCompute the simple interest of a loan amounting to P50,000.00 payable in 8 months if the interest rate is 3.5%
- How much interest is deducted in advance from a loan of P18,000.00 for one year and 6 months if the discount rate is 9%. How much is the proceeds after deducting the interest?Consider a loan of 800,000 which is to be amortized by 60 monthly payments. The interest rate is 12% converted monthly. 1. How much is the outstanding balance after the 36th payment? 2. How much of the 37th payment goes to pay the interest the principal?A loan of £4,000 is to be repaid over 5 years by a level annuity payable monthly in arrears. The amount of the monthly payment is calculated on the basis of an interest rate of 1% per month effective. Find a) The interest paid in the first month b)The repaid capital c)In the last month, the interest paid and the capital repaid
