Find the monthly house payment necessary to amortize the following loan. In order to purchase a home, a family borrows $70,000 at 12% for 15 years. What is the monthly payment? $840.12
Q: Find the size of B in the following cash flow diagram if the interest is 8% per year. $130 1 H 2…
A: Data given: Rate=8% Arithmetic gradient from year 1 to 5= - $20
Q: What is the relation of Net Trade Credit and ROA if they have has scored -5.063 in unstandardized…
A: Trade credit is referred as the commercial financing type, where the customers used to allow for the…
Q: Which one(s) of the following most likely represent(s) a source of unsysten I. COVID-19 II. Russian…
A: There are two types risk one is systematic risk that is related to whole and overall economy and…
Q: You are evaluating a proposed expansion of an existing subsidiary located in Switzerland. The cost…
A: Given: Exchange rate 1.1 Euro dollar rate 6% Euro swiss rate 5% Interest rate 12%
Q: Suppose you want to save in order to purchase a new car. Take the APR to be 3.6%. If you deposit…
A: Future value of annuity The future value of annuity refers to the total value of the investment at…
Q: Nadia is Future Years Financial Planners' most productive employee. She is not satisfied with how…
A: Trade secrets are the processes and practices that are the secrets of a business and provide the…
Q: 15 Mudarabah and Musharakah fall under profit and loss sharing transactions and have other risks…
A: Mudarabah and Musharakah fall under profit and loss sharing transactions and have other risks…
Q: A store will give you a 3% discount on the cost of your purchase if you pay cash today. Otherwise,…
A: Customers who choose to defer payment for the month will be letting go of the discount that they…
Q: invest 40% in A and 60% in B, what would be the return standard deviation of your portfolio? Enter…
A: First we need to find the standard deviation of individual stocks and their correlation co-efficient…
Q: APhP10000,5%bondwithsemiannualcouponsispricedtoyield7%.Findthepriceifthebondis redeemable at par at…
A: Bonds are debt instruments issued by companies looking to raise funds. Bonds pay interest or coupons…
Q: inance What are different Anti Merger strategies available to management of firm?
A: Hostile Takeovers/Mergers: It occurs when the management or board of directors of the targeted…
Q: A man uses a loan program for small businesses to obtain a loan to help expand his vending machine…
A: The simple interest is one of the method of calculating interest. In simple interest, the interest…
Q: Sally purchased a home in Georgia for $167,500. She took out a mortgage for 80% of the purchase…
A: Loan amount = Purchase price*(1-down payment %) =167500*(1-20%) = $134,000
Q: ,what is the NPV of this investment?
A: Net Present Value: It is a measure of profitability and shows the absolute profit or loss made from…
Q: You own a portfolio that has $42,000 invested in Stock A and $11,500 invested in Stock B. If the…
A: To Find: Expected return on portfolio
Q: Describe the differences between an index and an average.
A: In relation to stocks, index and average are ways to measure changes in the market value of group of…
Q: What is the rate (in %) compounded semi-annually if 132511 accumulates to $398053 in 9 years and 3…
A: Given, Amount deposited 132511 Amount accumulated 398053 Term is 9 years and 3 months which is 9.25…
Q: Suppose that you earn $45,600 per year. What is your monthly salary? Assume that you deposit 10% of…
A: Future value of annuity The future value of annuity refers to the total value of the investment at…
Q: its telling me that this is wrong? can you help further?
A: Information Provided: Shares purchased = 200 Margin = $100/share Margin % = 40%
Q: Maria is a divorce attorney who practices law in San Francisco. She wants to join the American…
A: Given: Particulars Amount Amount(PMT) $500 Present value(PV) $4,500 Rate 8.50%
Q: Compute the net present value of each project. Which project should be adopted based on the net…
A: Net present value (NPV) of an alternative/project refers to the difference between the initial…
Q: What was the shareholder perspective on samsung bribery charge
A: Former President Park Geun-Hye, her notorious friend Choi Soo-sil, and Samsung Group heir Jay Y. Lee…
Q: S=26.32 E-55 t=3 standard diviation=60% r=3.1% d₁ = 3-year r=2.4% 10-year S [¹n ( 2 ) + ( R + ° *) x…
A: Stock Price S 26.32 Strike Price E…
Q: Dani Corporation has 9 million shares of common stock outstanding. The current share price is $75,…
A:
Q: Your factory has been offered a contract to produce a part for a new printer. The contract would…
A: The net present value (NPV) is one of the capital budgeting technique. The NPV is calculated by…
Q: What is the equivalent rate of interest (in %) for a discount rate of 7.9% for 77 days? Round your…
A: Interest rate is referred as the percentage of the principal charged through the lender regarding…
Q: A company plans to place money in a new venture capital fund that currently returns 10.7% per year,…
A: Effective annual interest rate(EAR) refers to the real rate of return that we earn on our savings or…
Q: A 3,000,000 peso loan is to be amortized at 4.55% quarterly for 2 years. Solve for the value inside…
A: Quarterly payment for loan will be, Where, P = Loan amount =3000000 r = Quarterly interest rate =…
Q: Epsilon Corporation will be purchasing 2,000 shares of XYZ Corporation. Last year, annual dividends…
A: Dividend discount model It is used to calculate the value of a share. Under this model, the sum of…
Q: Find the monthly house payment necessary to amortize the following loan.
A: Loan: It is the amount borrowed or amount taken as credit by the borrower from the lender. The…
Q: A coal mine has Gross income = $250,000 and Mining expenses - $210,000. Question. What is the…
A: The following information has been provided in the question: Gross income =$250,000 Mining expenses…
Q: Given the information below, John the CEO needs to make the capital budgeting decision. Which…
A: Net Present Value: It is a measure of absolute profitability applied in the area of capital…
Q: When expertise in a field other than accounting or auditing is necessary to obtain sufficient…
A: Auditing is defined as the audits of the financial statements or the examining the purpose and also…
Q: You take out a 5-year loan of $20,000 from a bank today, where repayments are made at the end of…
A: Given, The loan amount is $20,000 Term of loan is 5 years Nominal rate is 8% compounded monthly.
Q: Calculate the observed risk premium in each year for the large-company stocks versus the T-bills.…
A:
Q: You have accumulated savings of $20,000 and decided that you will invest in one of the following…
A: a. Nationalism Commercial Bank Data given: Par value= $1000 Coupon rate= 8.75% p.a. (paid…
Q: b-1. What was the arithmetic average risk premium over this period? (A negative answer should be…
A: Standard Deviation: It is a statistical measure used to measure the dispersion of a set of data…
Q: Hello. Need help with the solution to question. Calculate the annual straight-line depreciation…
A: Solution:- Depreciation means the cost of wear and tear of an asset. In case of straight line method…
Q: Find the value of X so that the present value of the following cash flow is equal to $70,000.…
A: Present value is one of the most important concepts and techniques of the time value of money and…
Q: five years: -29.1 percent, 16.4 percent, 35.8 percent, 3.7 percent, and 22.7 percent. The average…
A: Nominal interest rate is interest rate without effect of inflation rate and real interest rate is…
Q: hy finance dep
A: In an organization a finance department deals with procuring as well as managing the finances of the…
Q: Finance What technique would you choose to forecast the Income Statement in future fiscal years?…
A: In finance we often have to forecast income statement for future years. This is important as we…
Q: A man secured a ₱ 9,771 loan at 2 % interest rate. Find the annual amortization to extinguish it in…
A: Present Value of Annuity Due refers to a concept which determines the value of cash flows at present…
Q: Find the monthly house payment necessary to amortize the following loan. In order to purchase a…
A: Data given: Loan amount = $70,000 Rate= 12% N= 15 years Required: Monthly payment Working Note…
Q: Review the CFLO from operations for Q1 2022 for GE (link below) and answer the following: Make…
A: The link has been provided for accessing the cash flow, we can check from the statement provided in…
Q: Tyler invested the profit of her business in an investment fund that was earning 3.75% compounded…
A: Present Value: The present value is the present sum of a series of fixed payments. The series of…
Q: A "risk-premium" is the difference between ___________________________ . A) the variance of a…
A: Solution:- Capital Asset Pricing Model (CAPM) is the equity model to determine the expected rate of…
Q: The margin requirement on a stock purchase is 30%. You fully use the margin allowed to purchase 200…
A: Calculating an investment's gain or loss as a percentage is crucial since it reveals how much was…
Q: 21 The main objective of monetary policy is …….* A. Growth with stability B. Reduce…
A: The range of options available to a country's central bank for altering the money supply to promote…
Step by step
Solved in 3 steps
- Cost of Bank Loan Mary Jones recently obtained an equipment loan from a local bank. The loan is for 15,000 with a nominal interest rate of 11%. However, this is an installment loan, so the bank also charges add-on interest. Mary must make monthly payments on the loan, and the loan is to be repaid in 1 year. What is the effective annual rate on the loan (assuming a 365-day year)?Question 11 Find the monthly house payment necessary to amortize the following loan. In order to purchase a home, a family borrows $70,000 at 12% for 15 years. What is the monthly payment? $840.12Question 10: How much can I borrow for the purchase of my first home if I can afford to make monthly payments of $1,000, and the annual interest rate is 4.8 percent on a 30-year mortgage?
- Question 7 A person needs $20,000 immediately as a down payment on a new home. Suppose that she can borrow this money from her company credit union. She will be required to repay the loan in equal payments made every six months over the next 10 years. The annual interest rate being charged is 10% compounded bimonthly. What is the amount of each payment? Use the editor to format your answerQUESTION 17 Ann wants to buy an office building which costs $1,000,000. She obtains a 30 year fully amortizing fixed rate mortgage at 80% LTV, an annual interest rate of 4%, with monthly compounding and monthly payments. Ann has a balloon payment due 5 years after she gets the loan. If Ann pays the required monthly payment for 5 years, how much is her balloon payment? OA. $723,580.11 B. $207,385.65 OC. $697,779.42 OD. $794,198.17QUESTION 5 Katharine Bartle will receive an annuity of $4,090.00 every month for 23 years. How much is this cash flow worth to them today if the payments begin today? Assume a discount rate of 5.00%. Oa. $55,398.13 b. $2,119,880.47 c. $672,837.73 Od. $170,156.69
- Question 5 of 6 Leah received a 25 year loan of $285,000 to purchase a house. The interest rate on the loan was 3.30% compounded semi-annually. a. What is the size of the monthly loan payment? $0.00 Round to the nearest cent b. What is the balance of the loan at the end of year 2? Open with $0.00 Round to the nearest cent o years c. By how much will the amortization period shorten if Leah makes an extra payment of $30,000 at the end of year 2? 0 monthsQuestion 29 (1 point) A home buyer buys a house for $225,000. She pays 20% cash, and takes a fixed-rate mortgage for the remaining over ten years at a quoted APR of 6.26% with semi-annual compounding. If she makes biweekly payments at the end of each period, which of the following is closest to each of her payments? Assume 26 biweekly periods per year. $1,165.07 $1,160.76 $937.50 $928.56 $915.08 O OQUESTION 21 Ann wants to buy an office building which costs $1,000,000. She obtains a 30 year fully amortizing fixed rate mortgage at 80% LTV, an annual interest rate of 4%, with monthly compounding and monthly payments. How much is Ann's monthly payment? OA. $3,333.33 OB. $4,774.15 OC. $3,819.32 OD. $2,666.67
- Narrative 14-1For problems in this section, use Table 14-1 from your text to find the monthly mortgage payments, whennecessary. Refer to Narrative 14-1. You purchase a home for $69,750 at 6.75% for 30 years. The property taxes are $2,450per year, and the hazard insurance premium is $256 semiannually. Find the monthly PITI payment. Group of answer choices 699.51 $594.73 $1,059.40 $246.83Find the monthly house payment necessary to amortize the following loan. $60,000 at 6.00% for 30 years $359,73 O $300,00 O $386.58 O $10.00Question 5 of 6 Stephen received a 30 year loan of $225,000 to purchase a house. The interest rate on the loan was 4.10% compounded semi-annually. a. What is the size of the monthly loan payment? Round to the nearest cent b. What is the balance of the loan at the end of year 3? Round to the nearest cent $0.00 0 years $0.00 c. By how much will the amortization period shorten if Stephen makes an extra payment of $30,000 at the end of year 3? 0 months