subject
Business, 19.02.2020 22:02 Jadamachado45

Jonathan borrowed $10,000 at 6% annual compound interest. He agreed to repay the loan with five equal annual payments of $2,373.96 at end-of-years 1dash5. How much of the annual payment is interest, and how much principal is there in each annual payment?

ansver
Answers: 1

Other questions on the subject: Business

image
Business, 22.06.2019 12:10, montgomerykarloxc24x
The cost of the beginning work in process inventory was comprised of $3,000 of direct materials, $10,000 of direct labor, and $10,000 of factory overhead. costs incurred during the period were comprised of $15,000 of direct materials costs, and $100,000 of conversion costs. the equivalent units of production (eup) for the period were 9,000 for direct materials and 6,000 for conversion. the costs per eup were:
Answers: 3
image
Business, 22.06.2019 13:50, xcoder1732
Suppose portugal has 700 workers and 26,000 units of capital, and france has 18,000 workers and 700 units of capital. technology is identical in both countries. assume that wine is the capital-intensive good and cloth is the labor-intensive good. which of the following statements is correct if the nations start trading with each other? a) wages will increase in portugal. b) rental rates in france will increase. c) wages in france will decrease. d) rental rates in portugal will increase.
Answers: 2
image
Business, 23.06.2019 01:20, celestemaria0727
Erp has all the following advantages except: modules throughout a corporation can communicate with each other while purchasing is difficult, the vendors such as sap make it worthwhile due to easy implementation have predefined software that represents "pretty good practices" or even "best practices" enables standardized procedures in an organization reduces inconsistent data stored in various locations of the organization
Answers: 3
image
Business, 23.06.2019 06:30, janeou17xn
Afinance company wants to upgrade its accounting software to a higher version. this version change requires a change in data formats. which method represents a change in data formats?
Answers: 1
You know the right answer?
Jonathan borrowed $10,000 at 6% annual compound interest. He agreed to repay the loan with five equa...

Questions in other subjects: