subject
Business, 02.10.2019 00:00 jacamron

This is a two part problem. part1: bill makes a loan to a neighbor of $15,000 (i. e., the principal of the loan is $15,000). the neighbor agrees to pay back the principal of the loan over 5 years in 5 equal payments at the end of each year. in addition, the neighbor agrees to pay 10% simple interest on the unpaid principal each year. what is the amount of each of the fivepayments the neighbor will make? part 2,suppose bill’s actual discount rate for money is 6%. what is the present value of the payments the neighbor will make to bill?

ansver
Answers: 3

Other questions on the subject: Business

image
Business, 21.06.2019 21:00, castiaulii16
The market for corn in country a is highly competitive. at the current market price of $5/bushel there is a shortage of 100,000 bushels of corn in this country. media reports claim that the price of corn will rise drastically in the near future. according to these reports, the neighboring country b had witnessed a similar situation recently. at the same price, the shortage in country b was also 100,000 bushels and eventually the equilibrium price in b went up to $10/bushel. both countries are known to have equal number of corn producers and the market supply of corn is identical at all prices. this, combined with the fact that consumers in the two countries also have similar tastes and preferences, led the media to conclude that the price of corn in country a would soon be as high as $10/bushel. the new equilibrium price turns out to be below $10/bushel, what inferences can be drawn?
Answers: 3
image
Business, 21.06.2019 23:00, kbrook12
How supply and demand work together to reach the equilibrium price in the marketplace? give at least a paragraph. you!
Answers: 3
image
Business, 22.06.2019 04:40, glenn4572
Select the correct text in the passage. which sentences in the given passage explains the limitations of monetary policies? monetary policies - limitationsmonetary policies are set by the central bank to bring about growth in the economy. de can be achieved these policiesw at anden i sca poit would be fair to say that changes in the economy cannot be brought about instantly by monetary po des. monetary policy can only influence not control, economic growththe monetary policy makers do work on sining the perfect balance between demand and supply of money in the economy
Answers: 3
image
Business, 22.06.2019 04:50, smeeden
Allie and sarah decided that they want to purchase renters insurance for the apartment they share. they made a list of all of the items to be covered by the insurance policy, along with their estimated values. if the items to be covered total more than $3000, the insurance company charges an annual premium of 23% of the total value of the items. if the items to be covered total $3000 or less, the insurance company charges an annual premium of 20% of the total value of the items.
Answers: 1
You know the right answer?
This is a two part problem. part1: bill makes a loan to a neighbor of $15,000 (i. e., the principal...

Questions in other subjects:

Konu
Health, 26.01.2021 03:10
Konu
English, 26.01.2021 03:10
Konu
Social Studies, 26.01.2021 03:10