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Alexeev081 [22]
3 years ago
7

You obtain a vehicle loan from the bank for $34,720 for a term of 4 years at an annual interest rate of 7.5%.  Use the amortizat

ion formula or a TVM calculator to determine monthly payments.​
Business
1 answer:
Alla [95]3 years ago
4 0

Answer:

TVM=34,720*0.075/12 : [1-(1+0.075/12)^-48]

TVM=839.49

Explanation:

An=34,720

t=4 yrs , ---> n=48 (4*12)

j=7.5 %.---> i=0.075/12

m=12

* i=j/m

*n=mt

TVM=An*i : [1-(1+i)^-n]

TVM=34,720*0.075/12 : [1-(1+0.075/12)^-48]

TVM =839.49 (round two decimal)

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Suppose Pheasant Pharmaceuticals is evaluating a proposed capital budgeting project (project beta) that will require an initial
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Answer:

c) -$877,874d

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NPV can be calculated using a financial calculator

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Which of these is a criterion used to select a target market segment?
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The charter of Vista West Corporation specifies that it is authorized to issue 300,000 shares of common stock. Since the company
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Answer:

1. Authorized shares = 300,000 shares

2. Issued shares = 160,000 shares

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6 0
2 years ago
Stone Company has beginning equity of $1,200,000, net income of $200,000, dividends of $120,000 and investments by owners in exc
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Answer:

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