subject
Business, 18.03.2021 01:40 treyhunt5362

You company has just purchased some new computers using a 5-year bank loan of $71,000. The interest rate on the loan is 7 percent annually, and the loan calls for equal annual payments. Prepare an amortization schedule for the 5-year loan. (Do not round intermediate calculations and round your answers to 2 decimal places, e. g., 32.16. Leave no cells blank - be certain to enter "0" wherever required.) b. How much interest will your company pay in the third year? (Do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.) c. How much total interest will your company pay over the life of the loan? (Do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.)

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 19:30
Which p shifts to consumer in the four cs of the alternate marketing mix? a) promotion b) product c) place d) price
Answers: 3
question
Business, 23.06.2019 01:00
Ido not understand this project overview agricultural commodities are bought and sold through the stock exchange. the price of commodities changes all the time. investors buy many agricultural commodities before they are ready for shipping. when an investor buys an agricultural commodity that is going to be ready in the future, they call this purchasing futures. this might be a future crop, meat that has not yet been processed, or another type of agricultural commodity. for this project, you will have to decide how to spend $10,000. research the new york stock exchange. find one or more agricultural commodities that you are interested in. remember, it may be listed as a future crop. instructions identify the agricultural commodities that you think have the best chance of going up in price. think about what is going on with supply and demand. decide how you will spend your money. you may purchase only agricultural commodities. check the market every day for a week. record the price of your commodity or commodities each day. you may buy or sell your commodities at any time during the week. you may sell your commodities and buy different ones. feel free to experiment with the $10,000 by buying and selling commodities, but make sure to keep a careful record of your activities. at the end of the week, you will write a report on your investments. this report should be structured to include this information: page 1: explain how the stock market works. page 2: list all commodities purchased. describe each in detail. discuss why you selected these commodities. remember, they must be agricultural. page 3: create a chart or graph to illustrate the price of your commodity or commodities over the week’s time. list all of your activity buying and selling. make sure you include prices and details. page 4: write a summary of your experience. describe what you might do differently if you were using actual money. propose potential reasons why the price of each commodity may go up or down.
Answers: 1
question
Business, 23.06.2019 02:30
Tara and her parents want to save at least $40,000 for college in 8 years. which statement describes the most effective savings plan for tara and her parents to meet their goal? tara and her parents should make deposits of $300 every month into a college savings account. tara and her parents should make deposits of $450 every month into a college savings account. tara and her parents should make deposits of $3,000 every year into a college savings account. tara and her parents should make deposits of $4,000 every year into a college savings account
Answers: 1
question
Business, 23.06.2019 16:30
Risk is the risk of a decline in a bond's value due to an increase in interest rates. this risk is higher on bonds that have long maturities than on bonds that will mature in the near future. risk is the risk that a decline in interest rates will lead to a decline in income from a bond portfolio. this risk is obviously high on callable bonds. it is also high on short-term bonds because the shorter the bond's maturity, the fewer the years before the relatively high old-coupon bonds will be replaced with new low-coupon issues. which type of risk is more relevant to an investor depends on the investor's , which is the period of time an investor plans to hold a particular investment. longer maturity bonds have high risk but low risk, while higher coupon bonds have a higher level of risk and a lower level of risk. to account for the effects related to both a bond's maturity and coupon, many analysts focus on a measure called , which is the weighted average of the time it takes to receive each of the bond's cash flows. conceptual question: which of the following bonds would have the largest duration? a)10year-zero coupon bonds b)10year-7% annual coupon bonds c)10year-3% annual coupon bonds d)5year-3% annual coupon bonds e)3year-7% annual coupon bonds
Answers: 1
You know the right answer?
You company has just purchased some new computers using a 5-year bank loan of $71,000. The interest...
Questions
question
Mathematics, 18.03.2021 16:50
question
Mathematics, 18.03.2021 16:50
question
Mathematics, 18.03.2021 16:50
question
Mathematics, 18.03.2021 16:50
question
Mathematics, 18.03.2021 16:50
question
Mathematics, 18.03.2021 16:50
question
Mathematics, 18.03.2021 16:50
question
Mathematics, 18.03.2021 16:50