Business, 21.11.2019 00:31 hollandhogenson
Ian loaned his friend $20,000 to start a new business. he considers this loan to be an investment and therefore requires his friend to pay him an interest rate of 8% on the loan. he also expects his friend to pay back the loan over the next 4 years by making annual payments at the end of each year. ian texted and asked that you him calculate the annual payments that he should expect to receive so that he can recover his inital inestment and ean the areeed-upon 8% on his investment. calculate the annual payment and complete the following amortization schedule: year beginning amount payment interest paid princpal paid ending balance1 $20,000234
Answers: 1
Business, 21.06.2019 22:00, QueenNerdy889
If a bond is issued at a premium the effective interest rate is most likely
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Business, 22.06.2019 19:10, boi7348
Pam is a low-risk careful driver and fran is a high-risk aggressive driver. to reveal their driver types, an auto-insurance company a. refuses to insure high-risk drivers b. charges a higher premium to owners of newer cars than to owners of older cars c. offers policies that enable drivers to reveal their private information d. uses a pooling equilibrium e. requires drivers to categorize themselves as high-risk or low-risk on the application form
Answers: 3
Business, 22.06.2019 19:50, lucky1940
The common stock and debt of northern sludge are valued at $65 million and $35 million, respectively. investors currently require a return of 15.9% on the common stock and a return of 7.8% on the debt. if northern sludge issues an additional $14 million of common stock and uses this money to retire debt, what happens to the expected return on the stock? assume that the change in capital structure does not affect the interest rate on northern’s debt and that there are no taxes.
Answers: 2
Business, 22.06.2019 23:00, hela9astrid
How an absolute advantage might affect a country's imports and exports?
Answers: 2
Ian loaned his friend $20,000 to start a new business. he considers this loan to be an investment an...
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