Homework Helper

Not Rated (0)

$17/per page/

About Homework Helper

Levels Tought:
Elementary,Middle School,High School,College,University,PHD

Expertise:
Accounting,Applied Sciences See all
Accounting,Applied Sciences,Art & Design,Chemistry,Economics,Essay writing Hide all
Teaching Since: Apr 2017
Last Sign in: 419 Weeks Ago, 3 Days Ago
Questions Answered: 3232
Tutorials Posted: 3232

Education

  • MBA,MCS,M.phil
    Devry University
    Jan-2008 - Jan-2011

  • MBA,MCS,M.Phil
    Devry University
    Feb-2000 - Jan-2004

Experience

  • Regional Manager
    Abercrombie & Fitch.
    Mar-2005 - Nov-2010

  • Regional Manager
    Abercrombie & Fitch.
    Jan-2005 - Jan-2008

Category > Business & Finance Posted 09 May 2017 My Price 7.00

How much principal is paid in the last year

How much principal is paid in the last year of a 40-year loan for $200,000, if payments are made annually at an 8% interest rate?

  a.

$15,529.66
  b.

$14,328.77
  c.

$400.00
  d.

$1,600.00

1 points   

QUESTION 2

A firm will set up a fund for retirees. A cash contribution will be made today, in the amount of $2,000,000, and will assume to earn interest at the rate of 8% per annum. The fund will disburse monthly for 12 years, and the desired cash balance at the end of 12 years is $1,000,000. What is the monthly payment that can be made from this fund?

  a.

$17,599
  b.

$24,266
  c.

$12,132
  d.

$17,491

1 points   

QUESTION 3

Investment A has the following cash flows: 200,200,300,200 200

Investment B has the following cash flows: 300,300,300,300,300

Both investments have a cost of 350 initially. Indicate which registers, financial or cash flow, can be used to determine the IRR of each investment

  a.

A's IRR can be determined with either financial or cash flow registers; B's IRR with only cash flow registers
  b.

Both investment IRRs can be determined with financial or cash flow registers
  c.

A's IRR can be determined with the cash flow registers; B's IRR with either financial or cash flow registers.
  d.

Both IRRs can be determined with the cash flow registers only.

1 points   

QUESTION 4

What is the present value of $1,500 received for 24 months in arrears, followed by $1,200 received for 36 months in arrears, if the annual discount rate appropriate is 9.25%?

  a.

$62,261
  b.

$13,984
  c.

$15,764
  d.

$64,022

1 points   

QUESTION 5

What investment accumulates more interest--15% compounded semiannually, or 14% compounded daily?

  a.

The 15% option earns one percentage point more than the 14% option over a year
  b.

The 15% option accumulates more over a year--EAR of 15.5% vs. the 14% option, with an EAR of 15.0%
  c.

They accumulate the same amount over a year
  d.

The 14% option earns an EAR of 15% and is better than the 15% option with an EAR of 15.9%

Answers

Homework Helper
Not Rated (0)
Status NEW Posted 09 May 2017 03:05 PM My Price 7.00

Hel-----------lo -----------Sir-----------/Ma-----------dam----------- T-----------han-----------k Y-----------ou -----------for----------- us-----------ing----------- ou-----------r w-----------ebs-----------ite----------- an-----------d a-----------cqu-----------isi-----------tio-----------n o-----------f m-----------y p-----------ost-----------ed -----------sol-----------uti-----------on.----------- Pl-----------eas-----------e p-----------ing----------- me----------- on----------- ch-----------at -----------I a-----------m o-----------nli-----------ne -----------or -----------inb-----------ox -----------me -----------a m-----------ess-----------age----------- I -----------wil-----------l

Not Rated(0)