Question
You borrow $75,000 and promise to pay back $162,892 at the end of 11 years. What is the annual interest rate? Select one: a. 10%
You borrow $75,000 and promise to pay back $162,892 at the end of 11 years. What is the annual interest rate? Select one:
a. 10%
b. 8%
c. 12%
IBM Inc. has long term debts of $500,000, current liabilities $250,000 and total assets of $1,200,000. Then, the company total owners equity equals: Select one: a. $250,000 b. $700,000 c. $500,000 d. $450,000
If the company assets are $200 million, debts $100 million, and net income is $15 million, it is ROE is: Select one: a. 15% b. 20% c. 10% d. 12% You got a loan today of $10,000 for 3 years, annual interest rate is 6%. The annual payment is closest to: Select one: a. $2,674 b. $4,020 c. $2,890 d. $3,741
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