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3 years ago

Irving purchase a car for $5,000 his interest rate is 10% for the year how much will he pay in one year's time

Business

1 answer:

Anna35 [415]3 years ago

3 0

Answer:

$500

Explanation:

The cost of the car is $5000

the interest is 10% per year

the interest paid in one year time will be

I= p x r x t

p = $5000; r =10% or 0.1 ;and t = 1

I = $5000 x 0.1 x 1

I= $500 x 1

Interest payable in one year is $500

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melamori03 [73]

Answer:

The company's stock price today should be $71.17 per share.

Explanation:

The corporate valuation model approach can be used to estimate this by using the following steps:

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For this question, we therefore have:

Free Cash Flow (FCF) = $700 + $150 - $375 = $475 million

Step 2: Calculation of Value of operations (Vo)

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Step 3: Calculation of the Firm value

Firm value = Vo + Non-operating assets = $11,875 + $199 = $12,074 million

Step 4: Calculation of value of equity

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Note: The correct amount of debt is $3,534 not $3.540 as mistakenly given, may be due to typographical error, in the question.

Step 5: Calculation of stock price per share today

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Therefore, the company's stock price today should be $71.17 per share.

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3 years ago

Leigh has three children but has not written her will which danger will she more than likely face if she dies without a will?

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3 years ago

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Otrada [13]

Answer:

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3 years ago

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Sophie [7]

Answer:

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3 years ago

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2 years ago

Irving purchase a car for $5,000 his interest rate is 10% for the year how much will he pay in one year's time​

Irving purchase a car for $5,000 his interest rate is 10% for the year how much will he pay in one year's time