Given the following information, calculate the effective monthly rent payment. Lease Term: 10 years,Concession: 1 year free rent to be spread over the term of the lease, Rental Space: 5000 square feet, RentalRate: $35 per square foot per year, Landlord's discount rate: 9%.Excel link: Excel Sheet.xlsx$5,687$10,689$7,081$12,471

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Answered: Given the following information,…

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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Calculate the monthly principal and interest (PI), using Table 14-1 from your text, and the monthly PITI for the following mortgage, rounding to the nearest cent. Amount. Financed $122,500 Interest. Rate 10% Term of Loan 30 years Monthly PI Annual Property Tax $2,218 Annual Insurance $1,450 Monthly PITI
Compute the interest paid on a 4-year lease for a $28,842 car if the annual rate of depreciation is 17% and the lease's annual interest rate is 6%. Round your answer to the nearest dollar. 4,452
To lease the car then purchase at the end of the five-year lease. The purchase price is $19,894. The sales tax rate is 15%. The interest rate for leasing the car is 7.49%. The monthly lease payment, including the sales tax, is $324.70. The residual value of the vehicle at the end of the lease term is $8,296.85. Initial amount due at signing: First monthly payment. Based on the information above, calculate the following; a).Initial payment due at signing. b). Total of all monthly payments. c). Residual cost at conclusion of lease. This is what you pay if you decide to purchase the vehicle, so it will include sales tax. d). Total cost if you lease then purchase at the end of the five-year lease.
PLEASE ANSWER ASAP MANUAL COMPUTATION what monthly payment payable in advance must be made on a five year lease valued at at $150,000 if interest is 10% compounded semi-annually?
Find the indicated amounts for the fixed-rate mortgages. Purchase price of home Down Mortgage Interest payment amount Monthly payment Mortgage payment Total paid for mortgage Interest Years rate paid per $1,000 S130,000 | Click the icon to view the table of the monthly payment of principal and interest per $1,000 of the amount financed. 5.00% 30 The mortgage amount is $ (Round to the nearest dollar as needed.)
Please use a TIMELINE (physical)
what is the effective rent for a 6-year net lease with a fixed at $24/sf in which the landlord agrees to give the tenant one year free rent up front and pay for $7/sf worth of tenant improvements if the discount rate is 8%?
RENTER entered into the contract on 1 January 2017 for 5 years, annual rental payments are P100,000 in arrears (that is, 31 December each year) and at the end of the lease term, the machine will be returned back to the lessor. RENTER also incurred direct cost of P5,550 as direct cost. The economic life of a machine is 10 years. Use the discount rate of 3%. What is the journal entry for January 1, 2017? (Use the problem above as reference)
You end up leasing $17389.93 after the down payment and taxes for 4 years. The interest rate is 1.74% compounded monthly. The lease payment is monthly and due at the beginning of the month. How much has been paid, on the lease, over the 4-year period? Round your answer to two decimal places. Do not enter the dollar sign. Sample input: 24562.23 (Hint: The down payment has already been taken off. So find the PMT value in the Simple Annuity Due formula using your leased amount. You can also use the TVM solver to find PMT. Then find the total value of these monthly payments over the length of the lease; i.e., take your PMT and multiply by the total number of payments you make.)
Find the interest paid on a 3-year lease for a $26,765 car if the car depreciates at an annual rate of 10% and the lease has an annual interest rate of 4.8%.
ok nt ences A finance lease agreement calls for quarterly lease payments of $7,056 over a 10-year lease term, with the first payment on July 1, the beginning of the lease. The annual interest rate is 12%. Both the present value of the lease payments and the cost of the asset to the lessor are $168,000. Required: a. Prepare a partial amortization table up to the October 1 payment. b. What would be the amount of interest expense (revenue) the lessee (lessor) would record in conjunction with the second quarterly payment on October 1? Complete this question by entering your answers in the tabs below. Required A Required B Prepare a partial amortization table up to the October 1 payment. Note: Enter all amounts as positive values. Round your answers to the nearest whole dollar. Date July 1 July 1 October 1 Lease Payment Effective Interest Decrease in Outstanding balance balance Required B >

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