Problem based on repayment
Problem:
John borrows 10,000 Euros at an APR of 6%. He wants to repay it in five equal instalments over five years, with the first repayment one year after he takes out the loan. How much should each repayment be?
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It's time to begin the course project by "Naming your company." Choose a company that you are hypothetically creating for the project.
Spill Oil Company's stocks had -8%, 11% and 24% rates of return during the last three years respectively; calculate the average rate of return for the stock.
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Imagine you are an entrepreneur with a new idea and would like to start a business with your idea, but lack capital.
He wants to repay it in five equal instalments over five years, with the first repayment one year after he takes out the loan.How much should each repayment be?
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What would be the amount of net exports of goods and services?
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