Find the present value of the arm loan
$280,000 5/1 ARM loan amortized over 15 years at 3.9%. From year 6 to 7 the interest rate is 7.5%. MARR is 10% per year compounded monthly find the present value of the ARM loan.
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On January 1, a customer paid X Company $39,000 in advance for cleaning services. The cleaning was going to be done once in January, once in February, once in March, and once in April.
If the Accounts Receivable balance at the end of the year was $1,165, what was the Accounts Receivable balance at the beginning of the year?
At the beginning of 2009, Metatec inc. acquired Ellsion Technology Corp for $600 million. In addition to cash, receivables, and inventory , the following asssets and their fair values were also inquired.
On January 1, 2014, it paid rent for 2014 and 2015. The accountant recorded the proper entry on January 1, 2014 but failed to record the proper adjusting entry on December 31, 2014. What will be the effect on the 2014 financial statements?
A farmer loses $60,000 when the summer is too dry and makes $100,000 when the growing season is moderate. The probability of the growing season being too dry is 35%. What is the expectation for profit?
Danson Company is a chemical manufacturer that supplies various products to industrial users. The company plans to introduce a new chemical solution, called Nysap, for which it needs to develop a standard product cost.
Higgins' legal counsel believes it is probable that Higgins will settle the lawsuit for an estimated amount in the range of $170,000 to $270,000, with all amounts in the range considered equally likely. How should Higgins report this litigation?
Is there sufficient evidence, at Alpha = .05, to conclude that the average wind speed is greater in Casper than in Tucson?
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