Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Basic Finance Expert

1) Find the discount and proceeds on a $3,260 face-value note for nine months if the discount rate is 9.5%. (use the bankers rule)

The discount is $ ? (round to the nearest cent as needed)
The proceeds are $ ? (round to the nearest cent as needed)
----------------------------------------------------------------------------------
2) a computer costs 2,941, Cathy pays a 20% per year finance charge on the cash price. If she contracts to pay the loan in 18 months, how much will she pay each month?

She will pay $ ? each month. (round to the nearest cent as needed)

----------------------------------------------------------------------------------------
3)find the future value and compound interest on 6,000 at 8% compounded semiannually for six years.

compound amount $ ? (round to the nearest cent as needed)
compound interest $ ? (round to the nearest cent as needed)

 

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M928486

Have any Question? 


Related Questions in Basic Finance

1 list and describe the key financial differences between

1. List and describe the key financial differences between entrepreneurial growth companies and large publicly traded firms? 2. How does the financing of entrepreneurial growth companies differ from that of most firms in ...

There are 1000 students in a high school among the 1000

There are 1000 students in a high school. Among the 1000 students, 150 students take AP Statistics, and 300 students take AP French. 100 students take both AP courses. Let S be the event that a randomly selected student ...

1 identity theft tactics name and explain at least three

1. Identity Theft Tactics. Name and explain at least three tactics used by identity thieves to obtain information. 2. Identity Theft. Can identity theft occur through legitimate access to your personal information? Expla ...

1 what is meant by the term structural compression how does

1. What is meant by the term "structural compression"? How does this term affect logistics? 2. What is a horizontal company and how would this type of company be organized? What are the strengths of this type of organiza ...

Excel assignmentsthis assignment is to develop an excel

Excel Assignments This assignment is to develop an Excel Spreadsheet for a company. The spreadsheet should include instructions on how to enter in the inputs. (For example, should the initial investment be entered in as ...

1 discuss the risks or benefits to the exporter and

1. Discuss the risks or benefits to the exporter and important contrasting accounts receivable financing and factoring. 2. Discuss the role of the factor for the exporter. How does the factor help an exporter? 3. Contras ...

Go to wwwfdicgovconsumersconsumerinformationfdiciornhtml

Go to www.fdic.gov/consumers/consumer/information/fdiciorn.html and answer the following questions: a. List at least three types of bank accounts that are insured by the FDIC. Are money market deposit accounts insured an ...

1 why is book value often meaningless what improvements to

1. Why is book value often meaningless? What improvements to financial statements would make it more meaningful? 2. Why should an investor read the note concerning stock options? How might stock options affect profitabil ...

Tonia motorbikes chinese piracytonia motorbikes is the

TONIA MOTORBIKES CHINESE PIRACY Tonia Motorbikes is the third largest manufacturer of motorized scooters in Japan. The company sells its product, a 125cc vehicle, in Japan,Taiwan, Korea,Vietnam, and other Asian markets. ...

1 what can researchers do to minimize error variance2

1. What can researchers do to minimize error variance? 2. Discuss the trade-off between internal and external validity. Which is more important? Explain.

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

WalMart Identification of theory and critical discussion

Drawing on the prescribed text and/or relevant academic literature, produce a paper which discusses the nature of group

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro