Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A homeowner installed a new swimming pool for 4000. He paid 8% down and the. Paid 36 monthly payments of 115.32. Determine the apr of

A homeowner installed a new swimming pool for 4000. He paid 8% down and the. Paid 36 monthly payments of 115.32. Determine the apr of the laon to the interest one-half of percent
A. 10.0 B. 9.0 c.8.5 d. 8.0
Amount financed 25,000
Regular monthly payments 656.25
Total number of payments scheduled: 48
Loan repaid in full instead of marking 27 th
12 571.14
13160. 71
12504.46
13379.78
Regular monthly payments 608.55
Apr 14.5
Remaining payments after payoff 18
1125. 21
1162.27
1198.84
1387.19
Contance Hairston obtain a 25 year 145550 mortgage at 11.5 percent on a house seeking for 171000 her monthly payments include principal and interest is 1479.47 how much of the total cost will be interest?
298,291.19
277,410.81
387778.55
328120.31
Find the total returned earned by the given bond
Face value 8000
Annual interest rate 7.7 percent
Term to maturity 9 months
46 200
462
616
5544
Fir the given investment assume that there is no opportunity for reinvestment of returns find the monthly return annual return or annual percentage stunted as indicted
Amount invested 2211 monthly percentage return 1.8 percent
Find the annual return
39.80
477.58
21.60
397.98
Amount invest 52600 total funded asset 1.32 billion
Total found liabilities 133 million total shares outstanding 242 million
Find the net asset value
1187 million
8.11
4.90
5.45
Find he value after all taxes are paid for the following account
Marginal taxes rate 28%
Regular deferred contributions 2500
Annual rate of return 5 percent
Number of years 10
20365.78
21214.36
22062.93
22547.94

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Corporate Financial Management

Authors: Douglas R. Emery, John D. Finnerty, John D. Stowe

4th Edition

1935938002, 9781935938002

More Books

Students also viewed these Finance questions