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: Which of the following student characteristics causes an increase in the use of metacognitive strategies?
How do you establish trust with others? Please provide a specific example that illustrates your approach. Why do you use this approach?
Thomas langurs continue to make danger calls until all of the members of their group respond with a countercall. Which of these two accounts
Why did the authors include multiracial emerging adults in their study? Describe the difference between direct and indirect mental health help seeking
Examining the audience demographics and psychographics can help formulate an approach that will help your audience know what the problem is
After only two weeks on the job, Luka quits, disillusioned. Which of the following best describes what Luka experienced?
The after school program director wants to learn more about the strengths and weaknesses of the program for children with learning disabilities.