Discuss the effective annual rate on this loan
You have just borrowed $20,000 to buy a new car. The loan agreement calls for 60 monthly payments of $444.89 each to begin one month from today. If the interest is compounded monthly, then what is the effective annual rate on this loan?
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Plank's Plants had net income of $5,000 on sales of $50,000 last year. The firm paid a dividend of $1,100. Total assets were $300,000, of which $150,000 was financed by debt.
Assume you are to receive a 20-year annuity with annual payments of $50. The first payment will be received at the end of Year 1, and the last payment will be received at the end of Year 20.
What is the acceleratin of the box? What was the total work done on the box? What is the final velocity? ( use work-energy theorem)
A painter has learned that the time it takes her to paint a random room in a house is normally distributed with a mean of 4 hours and a standard deviation of 45 minutes. id she is just starting work on a random room and has to leave in five hours,
Steaks Galore needs to arrange financing for its expansion program. One bank offers to lend the required $1,000,000 on a loan which requires interest to be paid at the end of each quarter.
You just bought a house and have a $150,000 mortgage. The mortgage is for 30 years and has a nominal rate of 8 percent (compounded monthly). After 36 payments (3 years) what will be the remaining balance on your mortgage?
Air at a stagnation pressure of 450 Kpa and stagnation temp of 400K flows through a converging nozzle whose throat area is 12 cm^2. Compute mach number, pressure, temp- before and after shock.
An electron with a velocity of v= (3x+ 4y+ 2z) × 106 m/s enters a region where there is both a magnetic field and an electric field. The magnetic field is B = (1x- 2y+ 4z)T. If the electron experiences no force as it moves, calculate the ele
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Problem: Please help answer the following using article "The Criminalization of Indigenous Peoples by Chris Cunneen "
describe at least two identities you possess and give an example of how certain characteristics are socially constructed
I explored food insecurity among older adults as a global social work practice issue, focusing on how aging populations face
Identify a specific tradition, cultural practice, or rite of passage in a culture other than your own. Examples may include: Practices on dating, marriage,
In some sociological research projects, it is necessary to provide a right of biographical anonymity so that people who participate in the project
Question: Kiwoong plans to join a fraternity to study how college men form friendships through Greek life.
Online privacy is extremely important for everyone. Many of us have jobs that require us to use the internet all day while others shop