Question
You are buying a previously owned car today at a price of $9,470. You are paying $800 down in cash and financing the balance for
You are buying a previously owned car today at a price of $9,470. You are paying $800 down in cash and financing the balance for 36 months at 7.8 percent, compounded monthly. What is your monthly payment amount?
|
| A. | $332.95 |
|
| B. | $239.46 |
|
| C. | $258.02 |
|
| D. | $270.89 |
Ghanata Oil has a well that will produce an annual cash flow of $236 million next year. The cash flow is expected to increase by 3.5 percent per year indefinitely. What is the well worth today if the discount rate is 15 percent?
|
| A. | $2,052 million |
|
| B. | $1,725 million |
|
| C. | $899 million |
|
| D. | $1,573 million |
A 10-year loan in the amount of $527,000 is to be repaid in equal annual payments. What is the remaining principal balance after the sixth payment if the interest rate is 5 percent, compounded annually?
|
| A. | $242,007 |
|
| B. | $282,310 |
|
| C. | $346,410 |
|
| D. | $299,540 |
You are given that the present value of the cash flow shown below is $43,800. Determine the mission cash flow if the discount rate is 11 percent.
| Year | Cash Flow |
| 1 | $10,800 |
| 2 | $10,800 |
| 3 | $10,800 |
| 4 | ????? |
| 5 | $15,000 |
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Mergers Acquisition And Other Restructuring Activities
Authors: Donald M. Depamphilis
6th Edition
123854857, 978-0123854858
