Part C: 1. Computrek has made arrangements with AFG to pay $40 000 May 1. a....

Question

Question

Part C: 1. Computrek has made arrangements with AFG to pay $40 000 May 1. a. What is the credited amount? $ b. What is the ou

Culminating Case Study Part B: Complete the invoice. Sales tax is 13% HST. (8 marks) Invoice Date 4/30/2018 Invice 1001 AFGR

Fill in your calculations to each question. AFG communications, based out of Waterloo Ontario, is a small but growing manufac

1. What are the FC? $ 2. What are the TVC? $ 3. What is the break-even in units? 4. What is the contribution margin? $ 5. Wha

9. What is the new FC? $ 10. What would be the companys net income per month it were operating at 100% of the new facilitys

Part C: 1. Computrek has made arrangements with AFG to pay $40 000 May 1. a. What is the credited amount? $ b. What is the ou

Part D: Equal Loan Payments A $4000 loan made at 7.75% is to be repaid in three equal payments due 30, 90, and 150 days, resp

business finance

Add a comment Improve this question Transcribed image text

Answer 1

Answer #1

You have asked multiple unrelated questions in the same post. I have addressed the first question, that I feel has complete information and hence can be solved. Please post the balance questions, separately, one by one.

Add a comment

Answer 2

Similar Homework Help Questions

As part of the purchase of a home on January 1, 2014, you negotiated a mortgage...

As part of the purchase of a home on January 1, 2014, you negotiated a mortgage in the amount of $110 000. The amortization period for calculation of the level payments (principal and interest) was 25 years and the initial interest rate was 6% compounded semi-annually. (Do not round intermediate calculations. Round your answers to 2 decimal places.) a) What was the initial monthly payment? b) During 2014–2018 inclusive (and January 1, 2019) all monthly mortgage payments were made as...
Problem 1 (Required, 25 marks) A borrower has borrowed $2000000 from the bank. It is given...

Problem 1 (Required, 25 marks) A borrower has borrowed $2000000 from the bank. It is given that the loan charges interest at an annual effective interest rate 16.0755% and compound interest is assumed. (a) Suppose that the borrower decides to repay the loan by 180 monthly payments made at the end of every month, (i) Using retrospective method, calculate the outstanding balance at 60th repayment date. (ii) Calculate the interest due and principal repaid in 120th repayment. (b) Suppose that...
Vanna has just financed the purchase of a home for $200 000. She agreed to repay the loan by making equal monthly blended payments of $3000 each at 4%/a, compounded monthly. (14 marks) Create an amortization table using a Microsoft Excel spreadsheet. In y

Vanna has just financed the purchase of a home for $200 000. She agreed to repay the loan by making equal monthly blended payments of $3000 each at 4%/a, compounded monthly. a. Create an amortization table using a Microsoft Excel spreadsheet. In your answer include all the formulas used.b.How long will it take to repay the loan?c. How much will be the final payment?d. Determine how much interest she will pay for her loan.e. Use Microsoft Excel to graph the amortization...

which option is correct without explanation 11 If a company borrows $100 000 at an interest...

which option is correct without explanation 11 If a company borrows $100 000 at an interest rate of 20% per year, compounded semi-annually and makes payments of $15,000 every 6 months, the length of time required for the company to pay off the loan is closest to A. 7 years B, 9 years C. Less than 6 years D. More than 10 years 12.lfi-10%, the value ofXìn the following CFD is closest to: A, 826 В. 1085 C, 268 D....
On January 1, LaQuita bought an used car for $7,200 and agreed to pay for it...

On January 1, LaQuita bought an used car for $7,200 and agreed to pay for it as follows: 1/3 down payment, the balance to be paid in 36 equal monthly payments, the first payment due February 1, an annual interest rate of 9% compounded monthly. a. What is the amount of LaQuita's monthly payment b. During the summer LaQuita made enough money to pay off the entire balance due on the car as of October 1 (October 1 payment plus...
A company’s capital consists of 100 000 ordinary shares issued at $2 and paid up to...

A company’s capital consists of 100 000 ordinary shares issued at $2 and paid up to $1 per share. On 1 September, a first call of 50c was made on the ordinary shares. By 30 September, the call money received amounted to $45 000. No further payments were received, and on 31 October, the shares on which calls were outstanding were forfeited. On 15 November, the forfeited shares were reissued as paid to $1.50 for a payment of $1 per...

Riah wants to buy a car that costs R125 000. The deposit is R29 00 .the...

Riah wants to buy a car that costs R125 000. The deposit is R29 00 .the bank charges a once off fee of R1 140; added to the loan amount before the interest is calculated at 9;75% coumpoud per year. The administration fee is R57 per month 1. What is the total amount of the loan that Riah has to get from the bank??? 2. Write down the amonth of her monthly payment if it is R2 052; 01 plus...
On 1 July 2020 Jenny Ltd issued a prospectus to the public offering 15 million shares...

On 1 July 2020 Jenny Ltd issued a prospectus to the public offering 15 million shares at $2.00 each. The prospectus specified that $1.00 per share is to payable on application and a further $0.50 will be payable on allotment. The closing date for applications was 31 August 2020. By the closing date, applications have been received for 20 million shares. To deal with the oversubscription, the directors of Jenny Ltd decided to issue shares to all subscribers on a...
Craig borrows 6000 dollars a year to pay for college expenses, starting on September 1, 2000 - the day he starts college - and ending on September 1, 2004. (i.e. that's 5 withdrawals total). After...

Craig borrows 6000 dollars a year to pay for college expenses, starting on September 1, 2000 - the day he starts college - and ending on September 1, 2004. (i.e. that's 5 withdrawals total). After graduation, he decides to go to graduate school in mathematics, and his loans are deferred (i.e. they still accrue interest, but no payments are due). After graduation from graduate school, he needs to begin paying off his loans. He will make monthly payments for 7...

Record the general journal entries. 12 donated his motor vehicle to the firm. Original cost: $15,000....

Record the general journal entries. 12 donated his motor vehicle to the firm. Original cost: $15,000. Current market value: $3,000 in exchange for ordinary shares @$1 per share 2. Arranged an interest only loan with Grand Bank for $8,000; interest at 5% p.a.; payable quarterly. Principal amount to be repaid 31 December 2022. Loan amount deposited in account today. 3. Depreciate the vehicle equally over 6 years with no residual value. This is to certify that is the holder of...

Part C: 1. Computrek has made arrangements with AFG to pay $40 000 May 1. a....

Homework Answers

Add Answer to:
Part C: 1. Computrek has made arrangements with AFG to pay $40 000 May 1. a....

Post as a guest

Earn Coins

As part of the purchase of a home on January 1, 2014, you negotiated a mortgage...

Problem 1 (Required, 25 marks) A borrower has borrowed $2000000 from the bank. It is given...

Vanna has just financed the purchase of a home for $200 000. She agreed to repay the loan by making equal monthly blended payments of $3000 each at 4%/a, compounded monthly. (14 marks) Create an amortization table using a Microsoft Excel spreadsheet. In y

which option is correct without explanation 11 If a company borrows $100 000 at an interest...

On January 1, LaQuita bought an used car for $7,200 and agreed to pay for it...

A company’s capital consists of 100 000 ordinary shares issued at $2 and paid up to...

Riah wants to buy a car that costs R125 000. The deposit is R29 00 .the...

On 1 July 2020 Jenny Ltd issued a prospectus to the public offering 15 million shares...

Craig borrows 6000 dollars a year to pay for college expenses, starting on September 1, 2000 - the day he starts college - and ending on September 1, 2004. (i.e. that's 5 withdrawals total). After...

Record the general journal entries. 12 donated his motor vehicle to the firm. Original cost: $15,000....

Part C: 1. Computrek has made arrangements with AFG to pay $40 000 May 1. a....

Homework Answers

Add Answer to: Part C: 1. Computrek has made arrangements with AFG to pay $40 000 May 1. a....

Post as a guest

Earn Coins

Add Answer to:
Part C: 1. Computrek has made arrangements with AFG to pay $40 000 May 1. a....