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Date A debt be are paid by payments of $_3215.00 $2860.oo din and $4460.00 in give...
A debt can be repaid by payments of $4000 today, $4000 in five years, and $3000...
A debt can be repaid by payments of $4000 today, $4000 in five years, and $3000 in six years. What single payment would settle the debt one year from now if money is worth 7% compounded semi annually?
If money earns 6.36% compounded quarterly, what single payment in three years would be equivalent to...
If money earns 6.36% compounded quarterly, what single payment in three years would be equivalent to a payment of $3,230 due two years ago, but not paid, and $800 today? Round to the nearest cent Next Question Question 3 of 4 Two payments of $17,000 and $2,600 are due in 1 year and 2 years, respectively. Calculate the two equal payments that would replace these payments, made in 3 months and in 4 years if money is worth 10.5% compounded...
The debt is amortized by equal payments made at the end of each payment interval. Compute...
The debt is amortized by equal payments made at the end of each payment interval. Compute (a) the size of the periodic payments; (b) the outstanding principal at the time indicated; (c) the interest paid by the payment following the time indicated for finding the outstanding principal; and (d) the principal repaid by the same payment as in part c. Debt Principal Repayment Period Payment Interval Interest Rate Conversion Period Outstanding Principal After: $12,000.00 7 years 1 month 9% quarterly...
1.Dividend payments* In 2017, Entergy paid a regular quarterly dividend of $.89 per share. a. Match...
1.Dividend payments* In 2017, Entergy paid a regular quarterly dividend of $.89 per share. a. Match each of the following dates. (AI) Friday, October 27 (BI) Record date (A2) Tuesday, November 7 (A3) Wednesday, November 8 (A4) Thursday, November 9 (A5) Friday, December 1 (B2) Payment date (B3) Ex-dividend date (B4) Last with-dividend date (B5) Declaration date b. On one of these dates, the stock price fell by about $.89. Which date? Why? c. Entergy's stock price in November 2017...
The problem: Monica's current debt consists of three types of loans: a bank card, an auto loan and a department store card. She owes a total of $25,000 and her monthly payments sum to $5...
The problem: Monica's current debt consists of three types of loans: a bank card, an auto loan and a department store card. She owes a total of $25,000 and her monthly payments sum to $549.61.The amount she owes, the monthly payment and the interest rates appear in the table below: Loan Type Annual Percentage rate, APR Loan Amount Monthly Payment Current Debt) S12,000 $11,500 S 1,500 $25,000 Bank Card Auto Loan 18% 5.5% $243.85 $257.88 Department Store Card | 15%...
13-19 odd please 13. A $10,000 loan is to be amortized for 10 years with quarterly...
13-19 odd please
13. A $10,000 loan is to be amortized for 10 years with quarterly payments of $334.27. If the interest rate is 6% compounded quarterly, what is the unpaid balance immediately after the sixth payment? 14. A debt of $8000 is to be amortized with 8 equal semi- annual payments of $1288.29. If the interest rate is 12% compounded semiannually, find the unpaid balance immediately after the fifth payment. 15. When Maria Acosta bought a car 2 years...
1.Next summer you are planning a trip to Ibiza that will set you back roughly $4100....
1.Next summer you are planning a trip to Ibiza that will set you back roughly $4100. You have decided to put money aside starting November 30th 2012, with additional, equal payments on February 28th 2013 and May 31st 2013. You wish to have the total sum of the required money for July 31st 2013. Assuming that only the three equal payments are made, how large should the payments be if you earn a simple interest rate of 5%? 2. 5...
ASSIGNMENT 2 QUESTIONS b) to $2000.00? 9. Sarah deposited $4500 into a savings account on July...
ASSIGNMENT 2 QUESTIONS b) to $2000.00? 9. Sarah deposited $4500 into a savings account on July 17, 2018 that earned simple interest of 2.25%. How much interest was earned and paid into her account on December 1, 2018? 10. Find the size of the deposit that must be made to earn $65 in 150 days at 2.50%. 11. What rate of interest makes deposit of $2000 earn $22 in 91 days? 12. If 45 is earned at 2.5% on a...
PROBLEM #1 FACTS: Number of bonds Par value of each bond Stated interest rate Issue date...
PROBLEM #1 FACTS: Number of bonds Par value of each bond Stated interest rate Issue date Due date Call % Called on 1,500 Effective interest rate 500 Interest Paid Per Year 4% Payment dates 17120X2 12/31/20X6 Years to maturity 101% 1/1/X6 5% 2 January 1st July 1st 5 Additional Facts: Bonds called on Called at Years after issue Unamortized Discount 1/1/20X6 After this payment is made 101% 4 7,228 USE PROBLEM #1 TO ANSWER QUESTIONS 1 THRU 7 BELOW 1.)...
The problem: Monica's current debt consists of three types of loans: a bank card, an auto...
The problem: Monica's current debt consists of three types of loans: a bank card, an auto loan, and a department store card. She owes a total of $25,000 and her monthly payments sum to $549.61. The amount she owes, the monthly payment, and the interest rates appear in the table below: Loan Type Bank Card Auto Loan Department Store Card TOTALS Loan Amount Annual Percentage rate, APR (Current Debt) Monthly Payment 18% $12,000 $243.85 5.5% $11,500 $257.88 15% R $...
If money earns 6.36% compounded quarterly, what single payment in three years would be equivalent to a payment of $3,230 due two years ago, but not paid, and $800 today? Round to the nearest cent Next Question Question 3 of 4 Two payments of $17,000 and $2,600 are due in 1 year and 2 years, respectively. Calculate the two equal payments that would replace these payments, made in 3 months and in 4 years if money is worth 10.5% compounded...
1.Dividend payments* In 2017, Entergy paid a regular quarterly dividend of $.89 per share. a. Match each of the following dates. (AI) Friday, October 27 (BI) Record date (A2) Tuesday, November 7 (A3) Wednesday, November 8 (A4) Thursday, November 9 (A5) Friday, December 1 (B2) Payment date (B3) Ex-dividend date (B4) Last with-dividend date (B5) Declaration date b. On one of these dates, the stock price fell by about $.89. Which date? Why? c. Entergy's stock price in November 2017...
The problem: Monica's current debt consists of three types of loans: a bank card, an auto loan and a department store card. She owes a total of $25,000 and her monthly payments sum to $549.61.The amount she owes, the monthly payment and the interest rates appear in the table below: Loan Type Annual Percentage rate, APR Loan Amount Monthly Payment Current Debt) S12,000 $11,500 S 1,500 $25,000 Bank Card Auto Loan 18% 5.5% $243.85 $257.88 Department Store Card | 15%...
13-19 odd please
13. A $10,000 loan is to be amortized for 10 years with quarterly payments of $334.27. If the interest rate is 6% compounded quarterly, what is the unpaid balance immediately after the sixth payment? 14. A debt of $8000 is to be amortized with 8 equal semi- annual payments of $1288.29. If the interest rate is 12% compounded semiannually, find the unpaid balance immediately after the fifth payment. 15. When Maria Acosta bought a car 2 years...
ASSIGNMENT 2 QUESTIONS b) to $2000.00? 9. Sarah deposited $4500 into a savings account on July 17, 2018 that earned simple interest of 2.25%. How much interest was earned and paid into her account on December 1, 2018? 10. Find the size of the deposit that must be made to earn $65 in 150 days at 2.50%. 11. What rate of interest makes deposit of $2000 earn $22 in 91 days? 12. If 45 is earned at 2.5% on a...
PROBLEM #1 FACTS: Number of bonds Par value of each bond Stated interest rate Issue date Due date Call % Called on 1,500 Effective interest rate 500 Interest Paid Per Year 4% Payment dates 17120X2 12/31/20X6 Years to maturity 101% 1/1/X6 5% 2 January 1st July 1st 5 Additional Facts: Bonds called on Called at Years after issue Unamortized Discount 1/1/20X6 After this payment is made 101% 4 7,228 USE PROBLEM #1 TO ANSWER QUESTIONS 1 THRU 7 BELOW 1.)...
The problem: Monica's current debt consists of three types of loans: a bank card, an auto loan, and a department store card. She owes a total of $25,000 and her monthly payments sum to $549.61. The amount she owes, the monthly payment, and the interest rates appear in the table below: Loan Type Bank Card Auto Loan Department Store Card TOTALS Loan Amount Annual Percentage rate, APR (Current Debt) Monthly Payment 18% $12,000 $243.85 5.5% $11,500 $257.88 15% R $...
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