Installment credit is a type of credit that has a fixed number of payments, in contrast to revolving credit.
<span>Examples of which are:
</span><span>
Land loan
Home construction loan
<span>Home mortgage
</span><span>Some equity loans
</span>Home improvement loan
Automobile loan
<span>Boat loans or RV loans specialty finance
</span>Student loan
Personal loan
<span>Vacation loan
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Answer:
The project's net present value if the firm wants to earn a 13 percent rate of return is c. $4,312.65
Explanation:
The Net Present Value of a Project is Calculated by Taking the Present Day (Discounted) Value of All future Net Cashflows based on the <em>Business Cost of Capital</em> and <em>Subtracting</em> the initial Cost of the Investment.
Using A Financial Calculator Cf Function:
Cf0 = -62,000
Cf1 = 16.500
Cf2 = 23,800
Cf3 = 27,100
Cf4 = 23,300
IRR = 13 %
NPV = 4,312.65
Answer:
Inventory $16,933
Notes receivable—due before December 31, 2018 368
Debt investments (short term) 2,008
Accounts receivable 5,785
Cash 9,215
Explanation:
Current Assets Section consists of Asset items that can be converted into cash within the period of 12 months.
Conversion happens in order of liquidity. Which means how much cash can be realized from conversion of a non-monetary asset in short term.
The order is given as <em>below</em>:
Inventory $16,933
Notes receivable—due before December 31, 2018 368
Debt investments (short term) 2,008
Accounts receivable 5,785
Cash 9,215
The type of analysis that she should conduct is exploratory.
This is involved of experimenting or exploring in a way of finding out the
answer to the problem or the study that the researcher is trying to figure out
in which Marteena is involved of.