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lawyer [7]
3 years ago
14

(Annuity payments) Prof. Finance is thinking about trading cars. She estimates she will still have to borrow ​$26,000 to pay for

her new car. How large will Prof.​ Finance's monthly car loan payment be if she can get a 5​-year ​(60 equal monthly​ payments) car loan from the VTech Credit Union at 8.5 percent​ APR? Use five decimal places for the monthly percentage rate in your calculations.
Business
1 answer:
AlekseyPX3 years ago
7 0

Answer:

Explanation:

using the annuity formula = P=R*(1-(1+i )^-n)/i

p= 26000

i= 8.5/12=0.70833%

Payments=5*12=60

R=?

Since we have

26000=R*(1-(1+0.70833%)^-60)/0.70833%

26000=R* 0.34524/0.70833%

26000=R*48.74122

R=26000/48.74122

R=533.42931

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Notifying Serena of any material changes

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4 years ago
Forming a joint venture with an existing foreign company offers all of the following advantages excepta.providing control over p
natka813 [3]

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The correct answer is the option C: Requiring less commitment from all parties involved in the joint venture.

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As EBIT drops, the return on equity (ROE) of a levered firm drops ______ the ROE of an otherwise identical unlevered firm.
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Answer:

Relatively more than

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The levered firm is that firm in which debt is involved whereas unlevered firm is that firm in which there is no debt involved.  

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The planning which is done in traditional project management, this planning requires predictability. Thus, the predictability is considered an important factor here. A traditional project management focuses on upfront planning where factors like cost, scope, and time are given importance.

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To learn more about traditional project management here:

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