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3 years ago

9

Evelyn took out a car loan for $16,125 that has a 0% APR for the first 14 months and will be paid off with monthly payments over

6 years. For how many months will Evelyn be charged interest?

1 answer:

Sidana [21]3 years ago

6 0

She will be charged interest for 58 months

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What return do you expect earn if you buy the 3 years ,10% coupon bond today and sell it in exactly 1 year( if current price is

IrinaK [193]

Answer:

8.02%

Explanation:

Since corporate bonds pay coupons semiannually, it would be important to first all determine the semiannual yield to maturity of this bond using a financial calculator as shown below:

We need to set the calculator to its end mode before making the following inputs:

N=6(number of semiannual coupons in 3 years=3*2=6)

PMT=50(semiannual coupon=face value*coupon rate/2=1000*10%/2=50)

PV=-1051.45 (current price)

FV=1000(bond's face value)

CPT

I/Y=4.02%

After one year, there would 4 semiannual coupons left, we can compute the bond price as shown thus:

N=4

PMT=50

I/Y=4.02(without % sign)

FV=1000

CPT

PV=1,035.56

The expected rate of return over one year is computed thus:

N=2(number of semiannual coupons in 1 year holding period)

PMT=50(the amount of each semiannual coupon)

PV= -1051.45

FV=1,035.56(selling price after one year)

CPT=4.01%(on a semiannual basis)

annual rate of return=4.01%*2=8.02%

7 0

3 years ago

15. Finding a place to live in Mumbai, India, has been getting harder these days for people who are not vegetarians. Vegetariani

bearhunter [10]

Answer: Target market

Explanation:

Target market could be defined as those group who a producer deem fit to use his or her product. When a producer makes an item, he has a group of people in mind that would buy because they need it, those group of people are the target market. Every producer considered this.

The real estate agent target market are vegetarian because he's renting the houses for what it was specified to be

8 0

2 years ago

Which one of the following account groups normally has a credit balance? A. equity and assets B. assets and liabilities C. asse

andrezito [222]

Answer:

a) Assets and expenses

Explanation:

Credit balance can be regarded as amount that is been owed by a business to a customer. This occur when the payment by the customer to the business exceed the current invoice stipulates. credit balances can be located or found at right side of a subsidiary ledger account, it can be found on right side of a general ledger account. credit balance that is contained on billing statement of the customers can be regarded as amount that card issuer is owing the customer.

It should be noted that one if account groups that is normally has a credit balance is Assets and expenses

4 0

2 years ago

What are your financing options when buying a new car?

stealth61 [152]

Everyone is different bc everyone doset make the same amount of money, or have the same amount of money in the bank.

Is there any multiple choice answers to this ?

4 0

3 years ago

Your grand opening flyer should be

muminat

Answer:

Option A.

Explanation:

A flyer refers to a type of paper advertisement, which is normally used for wide distribution and it is spread by either handing it out manually in a public place, plastered on walls, or sent through the mail in order to create awareness and offer information about a business on a large scale.

In order for a flyer to be effective, it should have the following qualities:

1. A design that is simple and unique, with a language that is easy to understand.

2. Good use of the space on the flyer.

3. Relevant details about the business must be included.

4. Use of correct spelling and grammar, which must not be misleading.

From the explanations above, we can see that the correct option is A.

7 0

3 years ago