Business, 06.10.2019 10:00 brandonleekenyon

Fe company defaulted on a $250,000 loan that was due on december 31, 2021. the bank has agreed to allow lowlife to repay the $250,000 by making a series of equal annual payments beginning on december 31, 2022. (fv of $1, pv of $1, fva of $1, pva of $1, fvad of $1 and pvad of $1) (use appropriate factor(s) from the tables provided.) required: 1. calculate the required annual payment if the bank’s interest rate is 10% and four payments are to be made.2. calculate the required annual payment if the bank’s interest rate is 8% and five payments are to be made.3. if the bank’s interest rate is 10%, how many annual payments of $51,351 would be required to repay the debt? 4. if three payments of $104,087 are to be made, what interest rate is the bank charging lowlife?

Answers: 1

Show answers

Another question on Business

Business, 22.06.2019 08:50

Dyed-denim corporation is seeking to lower the costs of value creation and achieve a low-cost position. as a result, it plans to move its manufacturing plant from the u.s. to thailand, which based on company research, is the optimal location for production. this strategic move will most likely allow the company to realize

Answers: 3

Answer

Business, 22.06.2019 21:00

Identify whether the statements are true or false by dragging and dropping the appropriate term into the bin provided. long-run economic growth is unlikely to be sustainable because of finite natural resources. in the modern economy, countries that possess few domestic natural resources essentially have no chance to develop economically. finding alternatives to natural resources will be very important to long-term economic growth. in the modern economy, human and physical capital are generally less important in productivity than natural resources. in the 19th century, countries with the highest per capita gdp were nearly always abundant in minerals and productive farming land.

Answers: 1

Answer

Business, 22.06.2019 21:20

In a market economy, supply and demand are important because theya. (i) play a critical role in the allocation of the economy's scarce resources.b. (ii) determine how much of each good gets produced.c. (iii) can be used to predict the impact on the economy of various events and policies.d. all of (i), (ii), and (iii) are correct.

Answers: 3

Answer

Business, 22.06.2019 22:30

Experts are particularly concerned about four strategic metal resources that are important for the u.s. economy and military strength, and that must be imported. what percentage does the u.s. import? *

Answers: 2

Answer

You know the right answer?

Fe company defaulted on a $250,000 loan that was due on december 31, 2021. the bank has agreed to al...

Questions