Answer:
$ 1,592,121.121
Explanation:
Present Value at T=0 is $120,000
N = 30
I = 9%
PMT = $11,680.36
We shall calculate the Future Value without PMT and then with PMT. The difference would be the amount of interest paid.
FV at T = 30 with PMT is -$3,184,242.537
FV at T = 30 without PMT is -$1,592,121.416
The total interest paid on the loan is = $ 1,592,121.121
Answer:
$81.52
Explanation:
In this question, we are asked to state the price to pay for a stock at this present day.
To calculate this, we compute it mathematically.
Mathematically, we have;
dividend/(1+required return rate)^year
we then add together
we have
=3/(1.12) + 4.25/(1.12)^2 + 6/(1.12)^3 + 100/(1.12)^3 = 81.52
The answer is letter D.
Credit unions are perfect descriptions of cooperative lending associations. The other three choices are granted either by government or by private institutions. Credit unions are usually composed of people who have agreed in mutual trust about their lending and borrowing policies.
Answer:
B) $195,700.
Explanation:
issued at 103 of 1,000:
200 bonds x $ 1,000 x 103/100 = 206,000
Nopw we solve lie this was an acquisition under lump sum, we have to weight each concept market value and apply it agaisnt the actual proceeds:
![\left[\begin{array}{cccc}Item&Value&Weight&Allocated\\$Bonds&190000&0.95&195700\\$Warrants&10000&0.05&10300\\&&&\\$Total&200000&1&206000\\\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bcccc%7DItem%26Value%26Weight%26Allocated%5C%5C%24Bonds%26190000%260.95%26195700%5C%5C%24Warrants%2610000%260.05%2610300%5C%5C%26%26%26%5C%5C%24Total%26200000%261%26206000%5C%5C%5Cend%7Barray%7D%5Cright%5D)
190,000 / 200,000 = 0.95
10,000 / 200,000 = 0.05
Then we multiply this by the 206,000 proceeds.
