Identify the term being referred to: A long term loan obtained from a bank and is secured by fixed assets of the debtor firm.

Q: The payback period analysis fails to recognize the difference between the present and future value…

A: The money was anything which is being accepted by the society and has the characteristics such as…

Q: Problem 3 An investor bought a discount bond with face value of $1,000 at the price of $870. The…

A: Given  FV = 1,000 Price = 870

Q: Reflection about Non-banking Financial Institutions?

A: Non-banking Financial Institutions (NBFI)- NBFI does not have a complete banking license and cannot…

Q: Felix is purchasing a brownstone townhouse for ​$2,100,000. To obtain the​ mortgage, Felix is…

A: The purchase cost of a home is $2100000The down payment is 16% of the purchase costNumber of payment…

Q: What impact did COVID-19 have on loaning insttiutions such as banks and private loaning companies.…

A: The COVID-19 has caused a widespread concern and economic trouble for consumers, businesses and…

Q: For the following questions, choose the letter of the best answer (Show any work and explanations):…

A: Using straight-line depreciation,, 99, 254); position: relative; display:…

Q: If a lender makes a simple loan of $400 for 5 years and charges 7​%, then the amount that the lender…

A: The objective of the first part of the question is to calculate the total amount that the lender…

Q: The borrower's financial ability to meet credit obligations is called: O Capital. O Capacity. O…

A: Financial market:It is a market where there is buying and selling of financial securities. It…

Q: How important is CFO in a rural bank? What he can do that others cannot?

A: As a top executive, the chief financial officer is in charge of a company's financial operations.…

Q: In simple interest, the interest for the current period is computed based on the amount (principal…

A: When some amount is deposited in the bank as a principal, the bank pays interest to the savers…

Q: A is an example of revolving credit.

A: Credit refers to a ‘contractual agreement’ in which a borrower gets something of value now &…

Q: What is an interest “reference rate,” and how is it used to set rates for individual borrowers?

A: Disclaimer: “Since you have asked multiple questions, we will solve the first question for you. If…

Q: e. Suppose the CPI at the beginning of a year equals 120 and the actual inflation rate over the year…

A: In this given problem set, we will explore the concepts of nominal interest rate, real interest…

Q: Advantage and Disadvantage of Building and Loan Associations from Private Nonbank Thrift…

A: The loans are amount of money which are borrowed by the various individuals or the firms. The loans…

Q: Peter Scents has been given two competing offers for short-term financing. Both offers are for…

A: A loan can be taken as either a discount loan or an interest-payment loan where discount loan…

Q: You have 1 account:   The balance owed is $405 and a $1500 credit limit.   What is your…

A: The debt-to-credit ratio is estimated as a percentage of total available revolving credit which an…

Q: It refers to the actual or exact rate of interest earned on the principal during a one year period.…

A: There are different ways to calculating interest earned on investment in a specific year, and…

Q: True or False: The time value of money describes how compound interest helps money grow over time. O…

A: Money is a resource or asset that is accepted and used as an exchange medium to buy commodities and…

Q: For a simple interest loan with interest rater (expressed as a decimal), the amount A due at the end…

A: Under simple interest, compounding is done on a fixed principal.

Q: Explain why someone might want to put a “red flag” on their own credit report.

A: A red flag refers to a warning that is put on the credit report if something suspicious, fraudulent,…

Q: In contrast to revolving credit, installment credit loans allow a borrower to do which of the…

A: A credit loan is a type of loan granted to an individual or a business with the understanding that…

Q: Cole’s Home Solutions policy is to charge 2¼% interest each month on unpaid credit balances. What…

A: Monthly interest rate is 2.5% per month. Then the interest rate can be calculated as follows.…

Q: 1) for a period of two years. During the first year, the quarterly payment is for $300, while in the…

A: Given information: First-year quarterly payment = $300 Second-year quarterly payment = $400 Interest…

Q: Outline the advantages and disadvantages of equityfinancing.

A: Equity financing can be understood as a source of raising funds by selling shares in the market. In…

Q: briefl

A: Venture capital is a form of private equity and a type of financing which the investors tend to…

Q: help please answer in text form with proper workings and explanation for each and every part and…

A: A bond is a fixed-income investment that represents a loan made by an investor to a borrower,…

Q: Credit card borrowing can be reduced by which of the following policies? (A) increasing rewards on…

A: Credit cards are the instruments used for exchange. They are considered to be plastic money in…

Q: What factors do credit rating agencies take into consideration  when compiling  its report?

A: Credit rating agencies work as autonomous organizations that evaluate the creditworthiness of many…

Q: Write two conditions which must be followed for a receipt to be called capital receipts

A: The non recurring and non routine receipts are called capital receipts.

Q: Questions 4-10. With a beginning balance of $1200 and no additional charges during the next three…

A: Credit cards are an important tool to satisfy wants without having sufficient funds in the account.…

Q: Calculate the accrued interest (in $) and the total purchase price (in $) of the bond purchase.…

A: Given : Coupon rate=9.7% market price=79.75 Time period=23 days Commission per bond=$9.55 Bonds…

Q: Actual rate of interest on the principal for one year. A Nominal Interest B Compound Interest

A: The rate of interest on principal is returns for postponing consumption or spending. High rate of…

Q: What motivations and constraints apply to students who are considering differentschools and loan…

A: For applying to the students' loans there are some motivations as well as constraints. Also, for…

Q: A machine costing $24,000 to buy and $3,500 per year to operate will save mainly labor expenses in…

A: Annual cash flow is the total amount of money that flows in and out of a business or individual's…

Q: A principal of $20,000 is invested at 6% for 10 years. Determine its future value if the interest…

A: NOTE: Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the question…

Q: Offering anything such as a premium rebate, premium discount, credit, service or anything of value…

A: In economics, an assets will have some value in the market at which it is offered to exchange…

Q: Which of the following is a personal financial asset? a. A payday loan b. A mortgage loan c. A…

A: A financial asset is a tradable instrument or other tangible property that represents a legal claim…

Q: A coupon bond has two years to maturity, a face value of $1000 and a coupon rate of 2%. The yield to…

A: Given, Par value of bond =$1000 Number of years to maturity = 2 Annual coupon of bond = 2% *1,000…

Q: It is the interest paid in advance. a. simple interest b. perpetuity c. compound interest d.…

A: Interest is the monetary payment, it is made for the privilege of borrowing money. The amount of…

Q: Describe the Financial Functions to determine a Loan's Principal andInterest Payments between two…

A: The financial function that determine loan’s principal amount is PPMT. This function is used to…

Q: Hey can someone help me with this? Explain the main differences between amortization, annuity and…

A: The term loan refers to a form of credit vehicle within which a complete of money is lent to a…

Q: Can you explain the meaning of a 20% annual percentage rate (APR) quotedby the credit card company?

A: Annual percentage rate (APR) applies to the interest rate charged annually to borrowers and billed…

Q: what are zero-coupon bonds also called?

A: Answer: A zero-coupon bond is a bond that is sold at a discounted value or lesser value than par. It…