THOUSAND, WHAT WOULD BE THE HALF YEARLY PREMIUM FOR SA RO 150,000.
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- Aotivity: Complete the table:( 2 cw Principel Rate Timme Interest vale Matrity (F) CI) 20,200 9% 4yeors 12, 400 3.2% 6 manthes 29), 30012있 y에 year 19,000|10%/2yos 8,000 2%3 monthsWhat is the fixed charge coverage ratio? Answer in the form of 5.0x (one decimal place...hint: should end in .0x or .5x) Assume: Sales - $1,000 Depreciation - $3 PP&E - $15 Taxes paid - $8 Accounts receivable - $2.5 Debt due within one year - $10 Capital Expenditures - $2 Net Income - $25 Interest expense - $6 Total Debt - $112.5Consider a loan of $8,000 charging interest at j12-6% with monthly payments of $321.50 Calculate the missing amounts in the amortization table. Place the value for A in the first answer box, B in the second and C in the third. PMT Interest Principall Balance 8,000.00 1321.50 40.00 281.50 7,718.50 2 321.50 A C
- Insert an answer for each of the following p= $ 3,200, r=.023, t= 3months. interest ? ________________________. p=$ 1,700, r=.055, t= 90 days. interest ? ____________________________. sales $ 3,790, returns $ 390, sales terms 2/10 n 30. discount ________________? and remittance ( paid) __________________________? ( assume paid in discount period)What is the fixed charge coverage ratio? Answer in the form of 3.2x (one decimal place) Assume: 1. Tax rate - 25% 2. Depreciation - $2mm 3. Capital Expenditures - $3mm 4. Pre-tax net Income - $20mm 5. Interest expense - $4mm 6. Debt due within one year - $7mm 7. Accounts receivable - $2.5mmFRM. (Term=30 years, Note Rate = 5.25, Loan Amount = 800,000, Points=2) What is the FTL annual percentage rate (FTLAPR) that the lender must disclose to the borrower? O 5.375% ○ 4.750% O 4.875% O 7.000% O 6.905% O 7.011%
- You have taken a loan of $150,000 at an interest rate of 6% (annual). If the number of monthly equal instalment is 60, then find the principal paid in 36th instalment. a. $ 339.95 b. $ 2,899.92 c. $ 2,559.97 d. $ 2,839.95 с.a. Annual payment b. Semiannual payments c. Quarterly payments d. Monthly payments If you borrow $9,500 at $760 interest for one year, what is your annual interest cost for the following payment plan? (Round the final answers to 2 decimal places.) Effective rate elp Save & Exit % 4 SubmiWith respect to using traditional lending rules to determine how much of a mortgage a borrower qualifies for, most lenders apply the rule that results in the highest mortgage amount. O The above statement is True. O The above statement is False.
- The interest accrued on $7,500 at 6% for 90 days is: (Use 360 days a year.) Multiple Choice $450.00. $37.50. $112.50. $11.25. $1,800.00.Bought delivery van P850,000 terms 20% down and the balance payable in oneyear. Required: 1. Record the transaction in the general journal.30. Carly took out a $8,900, three-year loan with an APR of 8.25%. What is thetotal amount of payments?A. $279.92B. $10,077.12C. $2,202.75D. $8,900.00