What will be the monthly payment on a $75000 30-year home mortgage at 1% interest per month? a. $771.46 b. 1034.53 c. 775.90 d. 1028.61 Someone offers to buy your car for four equal annual payments, beginning 2 years from today. If you think that the present value of your care is $9k and the interest rate is 10%, what is the minimum annual payment that you would accept?
a) $2,250
b) $2, 839.24
c) 3,435.48
d) 3,123.16
What is the debt ratio for a firm with a debt equity ratio of 0.5
a) 35%
b) 54
c) 33.3
d) 66.7