answer :4.78740%
please no excel or actuarial calculator
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answer :4.78740% please no excel or actuarial calculator 4) A twenty-year loan of $25,000 is negotiated with the borrower agreeing to repay principal and interest at 5%. A level payment of $ 1 ,500 w...
answer :4.78740% please no excel or actuarial calculator 4) A twenty-year loan of $25,000 is negotiated...
answer :4.78740%
please no excel or actuarial calculator
4) A twenty-year loan of $25,000 is negotiated with the borrower agreeing to repay principal and interest at 5%. A level payment of $ 1 ,500 will apply during the first ten years, and a higher level payment will apply over the remaining ten years. Each time the lender receives a payment from the borrower, he will deposit the portion representing principal into a sinking fund with an annual effective interest rate...
A twenty-year loan of $25000 is negotiated with the borrower agreeing to repay principal and interest...
A twenty-year loan of $25000 is negotiated with the borrower agreeing to repay principal and interest at 5%. A level payment of $1500 will apply during the first ten years, and a higher level payment will apply over the remaining ten years. Each time the lender receives a payment from the borrower, he will deposit the portion representing principal into a sinking fund with an annual effective interest rate of 4%. (This is the amount for replacement capital). What is...
Please post with mathematical formulas please, no an excel sheet 2. The lender of a loan...
Please post with mathematical formulas please, no an excel
sheet
2. The lender of a loan of 175000 receives interest payments at the end of each year for 25 years at an effective annual interest rate of i, and in addi tion, will receive a lump-sum repayment of the principal along with the 25th interest payment. The borrower will pay the annual interest to the lender and accumulate the 175000 by making 25 level annual deposits at the end of...
A 65,000 annual payment loan is made for a term of 10 years at 7.3% interest....
A 65,000 annual payment loan is made for a term of 10 years at 7.3% interest. The lender wants only payments of interest until the end of year 10 when the 65,000 must be repaid. The borrower will make level annual year-end payments to a sinking fund earning 4.8%. Find the level sinking fund deposit and the balance in the sinking fund at time 5. find the total payment and the principal in the 6th payment.
A lender providing a loan of $7 million requires semi-annual payment of interest at a nominal...
A lender providing a loan of $7 million requires semi-annual payment of interest at a nominal rate of 7.9% per year, and repayment of the $7 million principal at the end of 13 years. The borrower plans to accumulate that principal for repayment at the end of 13 years using level semi-annual deposits into a sinking fund that earns interest at a nominal rate of 3.2% per year when compounded semiannually. What is the borrower's total cash outlay every 6...
A lender providing a loan of $8.5 million requires semi-annual payment of interest at a nominal...
A lender providing a loan of $8.5 million requires semi-annual payment of interest at a nominal rate of 6.4% per year, and repayment of the $8.5 million principal at the end of 11 years. The borrower plans to accumulate that principal for repayment at the end of 11 years using level semi-annual deposits into a sinking fund that earns interest at a nominal rate of 5.9% per year when compounded semiannually. What is the borrower’s total cash outlay every 6...
please show work. NO excel or programs (5) Sheryl Tran pays $245 at the end of...
please show work. NO excel or programs
(5) Sheryl Tran pays $245 at the end of each month for ten years in order to repay a loan of $22,000. The lender makes level deposits to a sinking fund account that is held by a third party and that pays an annual effective interest rate of 3% during the first four years and a nominal monthly discount rate of 4% there. after. Find the difference between the annual effective interest rate...
can somebody help me with 37,38 and (most needed) 40 please??? 200 The theory of interest...
can somebody help me with 37,38 and (most needed) 40
please???
200 The theory of interest 36. A loan is being repaid with 10 payments. The first payment is 10, the second 9, d so forth with the tenth payment being 1. Show that the amount of interest in te sixth payment is 5- ag- 37. A loan is repaid with payments which start at $200 the first year and increase by $0 per year until a payment of $1000...
Chapter 9 Homework Assignment 1) A written promise to repay a loan principal plus interest at...
Chapter 9 Homework Assignment 1) A written promise to repay a loan principal plus interest at a specific future date is A) a promissory note. B) a line of credit. C) commercial paper. D) a product warranty. E) a returnable deposit. 2) ________ are subject to redemption before maturity at the option of the issuer. A) Debentures B) Mortgage bonds C) Callable bonds D) Sinking fund bonds E) Convertible bonds 3) Convertible bonds are attractive to investors because A) the...
answer :4.78740%
please no excel or actuarial calculator
4) A twenty-year loan of $25,000 is negotiated with the borrower agreeing to repay principal and interest at 5%. A level payment of $ 1 ,500 will apply during the first ten years, and a higher level payment will apply over the remaining ten years. Each time the lender receives a payment from the borrower, he will deposit the portion representing principal into a sinking fund with an annual effective interest rate...
Please post with mathematical formulas please, no an excel
sheet
2. The lender of a loan of 175000 receives interest payments at the end of each year for 25 years at an effective annual interest rate of i, and in addi tion, will receive a lump-sum repayment of the principal along with the 25th interest payment. The borrower will pay the annual interest to the lender and accumulate the 175000 by making 25 level annual deposits at the end of...
A 65,000 annual payment loan is made for a term of 10 years at 7.3% interest. The lender wants only payments of interest until the end of year 10 when the 65,000 must be repaid. The borrower will make level annual year-end payments to a sinking fund earning 4.8%. Find the level sinking fund deposit and the balance in the sinking fund at time 5. find the total payment and the principal in the 6th payment.
A lender providing a loan of $7 million requires semi-annual payment of interest at a nominal rate of 7.9% per year, and repayment of the $7 million principal at the end of 13 years. The borrower plans to accumulate that principal for repayment at the end of 13 years using level semi-annual deposits into a sinking fund that earns interest at a nominal rate of 3.2% per year when compounded semiannually. What is the borrower's total cash outlay every 6...
please show work. NO excel or programs
(5) Sheryl Tran pays $245 at the end of each month for ten years in order to repay a loan of $22,000. The lender makes level deposits to a sinking fund account that is held by a third party and that pays an annual effective interest rate of 3% during the first four years and a nominal monthly discount rate of 4% there. after. Find the difference between the annual effective interest rate...
can somebody help me with 37,38 and (most needed) 40
please???
200 The theory of interest 36. A loan is being repaid with 10 payments. The first payment is 10, the second 9, d so forth with the tenth payment being 1. Show that the amount of interest in te sixth payment is 5- ag- 37. A loan is repaid with payments which start at $200 the first year and increase by $0 per year until a payment of $1000...
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