subject
Business, 29.11.2020 14:00 doll1234

Find the interest rates earned on each of the following: Find the Effective Interest Rate for the following:
a. You borrow $720 and promise to pay back $792 at the end of 1 year.
b. You lend $720 and the borrower promises to pay you $792 at the end of 1 year.
c. You borrow $65,000 and promise to pay back $98,319 at the end of 14 years.
d. You borrow $15,000 and promise to make payments of $4,058.60 at the end of each year for 5 years.

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 22:20
Amachine purchased three years ago for $720,000 has a current book value using straight-line depreciation of $400,000: its operating expenses are $60,000 per year. a replacement machine would cost $480,000, have a useful life of nine years, and would require $26,000 per year in operating expenses. it has an expected salvage value of $130,000 after nine years. the current disposal value of the old machine is $170,000: if it is kept 9 more years, its residual value would be $20,000. calculate the total costs in keeping the old machine and purchase a new machine. should the old machine be replaced?
Answers: 2
question
Business, 22.06.2019 14:30
In our daily interactions we can find ourselves listening to other people solely for the purpose of finding weakness in their positions so that we can formulate a convincing response. select one: true false
Answers: 1
question
Business, 22.06.2019 22:30
Aresearcher developing scanners to search for hidden weapons at airports has concluded that a new scanner isis significantly better than the current scanner. he made his decision based on a test using alpha equals 0.025 .α=0.025. would he have made the same decision at alpha equals 0.10 question mark α=0.10? how about alpha equals 0.01 question mark α=0.01? explain
Answers: 3
question
Business, 23.06.2019 04:40
2. a computer equipment was acquired at the beginning of the year at a cost of $56,000 with an estimated residual value of $5,000, and an estimated useful life of five years. determine the second year’s depreciation expense using the straight-line method.
Answers: 3
You know the right answer?
Find the interest rates earned on each of the following: Find the Effective Interest Rate for the f...
Questions
question
Mathematics, 24.08.2019 09:10
question
Physics, 24.08.2019 09:10
question
Chemistry, 24.08.2019 09:10
Questions on the website: 13722363