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You want to borrow $80,000 from your local bank to buy a new sailboat. You can afford to make monthly payments of $1,650, but no more. Assuming monthly compounding, what is the highest rate you can afford on a 60-month APR loan?
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Current Assets$1,350 Total Assets$2,500 Operating Profit$475 Debt$975 Net Income$300 Inventory$450 Cost of Goods Sold$525 Sales$1,350 Current Liabilities$800 Total Equity$1,525 Total Liabilities and owners equity$2,500 C ...
How do you calculate g, the growth rate of dividends, using the following variables? g=growth rate of future earnings and the growth in the common stockholders' investment in the firm ROE=the return on equity (net income ...
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