If you spent 2000 and got 0 interest for 12 months and no, Financial Management

+44 141 628 6080
[email protected]

If you spent 2000 and got 0 interest for 12 months and no

Answer the following:

1). If you spent $2,000 and got 0 interest for 12 months AND no payment options AND you decide not to make any payment for 12 months. The interest rate is 24%. How much interest will be added to the balance after 12 months?

2). Please show how this was calculated.

3). Also is there a formula that could be used to calculate in excel? If so could you please provide that as well?

View Complete Question

Request for Solution File

Ask an Expert for Answer!!

Financial Management: If you spent 2000 and got 0 interest for 12 months and no

Reference No:- TGS02852068

Expected delivery within 24 Hours

Have a Question? (oR Write a Review)

Write atleast 100 words!!

Asked Questions

Write contextual analysis for luke

1. Write the Contextual Analysis for Exegesis paper 2. What does the book state about the author? Who is the author?

Compare the different understandings of chaos

Problem 1. Compare and contrast the different understandings of Chaos as we see it in the text of Hesiod and Ovid.

How does that characters story relate to a personal struggle

How does that character's story relate to a personal struggle with a particular type of problem.

Illustrate what corduan says about witnessing to buddhists

Q1. How does Hwanja Lee's story in the video illustrate what Corduan says about witnessing to Buddhists?

What factors contributed to the division of israel

According to the selection we read, what factors contributed to the division of Israel into a northern and southern kingdom? Please be specific

What is it about tendency to individualize christian faith

Using scripture refereneces give your insight into the following prompt: "What is it about our tendency to individualize the Christian faith

Application of your passage following ibs principles

After you complete the evaluation, now is the time for the application of your passage following IBS principles.

Request for Solution File

Ask an Expert for Answer!!

Financial Management: If you spent 2000 and got 0 interest for 12 months and no

Reference No:- TGS02852068

Have a Question? (oR Write a Review)

Recent Questions Asked Financial Management

Q : What if instead of having a lump sum goal you would like to

Q : You have won a contest which gives you the choice between

Q : If the appropriate discount rate is 74 percent what is the

Q : You wish to buy a 10400 dining room set the furniture store

Q : If you spent 2000 and got 0 interest for 12 months and no

Q : You wish to deposit 7000 in an account at the shylock bank

Q : The interest rate is an apr of 8 percent compounded daily

Q : As a corporation would you sell convertible securities do

Q : What is the minumum amount you should be willing to accept