APR of Loan
When you take out an $8,000 car loan that calls for 48 monthly payments of $225 each, then what is the APR of loan?
Expert
Let ROI is 12%Monthly int rate is 1%pm(1+1/100)^48 = 37.9737.97*225=8543Loan amt is 8000 and amt paid is 8543Therefore int paid is 543Now i don’t know exactly but it may be like this543/8000*12/48*100=.17%
What are the different types of mathematics found in quantitative finance?
Our purpose this week: learning how to understand and interpret financial statements. Assignment: The class should discuss all of the questions listed below as they rel
Explain the result of volatility structure.
Benefits of Cash to cash analysis: The benefits of Cash to cash analysis are as following: 1. Helps in better cash management situation thus, increasing liquidity. 2. The cash a
RainFlower Trading Limited is a wholesaler of electronic calculators in Hong Kong. It has been importing goods from a Philippine manufacturer for eight years. The Philippine manufacturer had accepted payments in advance in the past. Recently, because of political turm
Discuss and distinguish between the following applied approaches to theory development: true-income (income statement and balance sheet approaches), efficient markets, and predictive ability. You may want to include in your discussion any articles or studies that either supported or u
You have joined Zurich Pvt. Ltd as a Finance manager. You are given the following information: Zurich Pvt Ltd. is a diversified manufacturing firm dealing with electrical appliances. In 2012, the firm reported an operating income of Rs. 857.60 million and faced a tax rate of 35% on income. The firm
We are valuing a company, many smaller than ours, so as to buy it. As that company is too smaller than ours this will have no influence on the capital structure and at the risk of the resulting company. It is the reason why I believe this the beta and the capital stru
A financial consultant is valuing the company I set as an objective (an entertainment centre) by discounting the cash flows until the end of the dealership at 7.26% (interest rate on 30-year-bonds = 5.1%; market premium = 5%, and Beta = 0.47%). 0.47 is a beta provided
What do you mean by Earnings management and what are their actions and activities?
18,76,764
1949930 Asked
3,689
Active Tutors
1418960
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!