suppose a bank offers to lend you $10,000

b. What's the present value of $1,525 discounted back 5 years if the appropriate interest rate is 6%, compounded monthly? contract that calls for you to make interest payments of $340.00 at b. True b. Suppose a bank offers to lend you $10,000 for 1 year on a loan contract that calls for you to make interest payments of $250.00 at the end of eachquarter and then pay off the principal amount at the end of the year. Which of the following investments would have the lowest present value? Experts are tested by Chegg as specialists in their subject area. The loan (principal plus interest) must be repaid at the end of the year. My designated payday is suppose to be Monday. What is the effective annual rate on the loan? What is the intrinsic value of BHBs ordinary share? How were presidents in the eighteenth and nineteenth centuries likely to reach the public? --> 1280/10000. $749,039.41 Effective interest rate=(1+r)^4-1=(1.01625)^4-1=0.0666, Didn't find what you are looking for? Press question mark to learn the rest of the keyboard shortcuts. You deposit $1,125 today in a savings account that pays 6% interest, compounded annually. So, you'll pay $340 each quarter and, of course, there are 4 quarters in a year, so a total of $1,360 (4 x $340) for the year. A majority of Supreme Court justices expressed doubt over whether the Biden Administration's student loan forgiveness plan is legal in back-to-back oral arguments . No payments will be made until the bond matures 10 years from now, at which time it will be redeemed for $4,000. She had taken an education loan of $45,000, which now needs to be repaid in equal monthly installments over the next 6 years. $$ The median sales price came in more than $10,000 less than in December, data shows. $$ 27.18% c. $3,945.00 2003-2023 Chegg Inc. All rights reserved. Bank 5; 6.0% with daily (365-day) compounding. Which of the following bank accounts has the lowest effective annual return? \text{5} \ldots\ldots\ldots & \text{13,500} & \text{9,000}\\ What effective annual rate (EFF%) does the bank pay? We have 1000+ PHD and Post Graduate experts. PV $1,015,000 You have arranged to finance the remainder with a 30-year, monthly payment, amortized mortgage at a 6.5% nominal interest rate, with the first payment due in one month. $1,369.06 (1+.128/4)4 -1 = 13.43%. Care less as long as I get it required to accept the Terms and ;! COVID update: Bob Stallings Hyundai has updated their hours and services. You want to quit your job and return to school for an MBA degree 3 years from now, and you plan to save $5,000 per year, beginning immediately. Suppose a bank offers to lend you $10,000 for 1 year on a loan contract that calls for you to make interest payments of $170.00 at the end of each quarter and then pay off the principal amount at the end of the year. Jude wants to receive $1,100 at the beginning of each of the next eight years. Option C is correct Effective interest rate=6.66% Computer Graphics and Multimedia Applications, Investment Analysis and Portfolio Management, Supply Chain Management / Operations Management. $$ loan? What is the most you should pay for the annuity? The bank offers you a $15,000, seven-year loan at 8.25 percent annual interest. For how many years can she make the $45,000 . d. $1,459.13 These coupon payments received by the investor can be referred to as a(an) _____.. PV $5,000.00 c. $1,226,360.01 (3 marks) 2. What is the effective annual rate on the (r represents the interest rate and n represents the length of time). a. How much would it cost him to buy the annuity today? The bank offers you a $15,000, seven-year loan at 8.25 percent . Define the random variable XXX in words. \text { Younger } \\ What is the present value of the following monthly lease? Joey is planning to invest his savings in a fixed income fund. He will be receiving $27,000 at the end of 4 years. True b. False, The greater the number of compounding periods within a year, then (1) the greater the future value of a lump sum investment at Time 0 and (2) the smaller the present value of a given lump sum to be received at some future date. Used to calculate deemed income, we ve grown to a financial counsellor you:! So if you think through Kelley Tyler federal credit union expenses that you finally get to figure out a federal credit union federal student loan repayment. a. This short article offer you most of the tips and tricks you need by giving three legitimate paths as you are able to follow. Find the monthly payment for the loan indicated. If the interest is compounded monthly, what is the annual rate of return earned on the investment?. Pelican Corporation is planning to invest $12,000 for the next 8 years. Suppose my neighbour is a bad borrower, his $10, project has very low chance of success but the expected rate of return is 20%. If that growth rate were maintained, how many years would it take for Thomson's EPS to triple? b. Claudia Bienias Gilbertson, Debra Gentene, Mark W Lehman, Daniel F Viele, David H Marshall, Wayne W McManus, Fundamentals of Financial Management, Concise Edition. He expects to live for another 25 years, and he also expects to earn 7.5% on his invested funds. a. False, When a loan is amortized, a relatively low percentage of the payment goes to reduce the outstanding principal in the early years, and the principal repayment's percentage increases in the loan's later years. c. $898,847.29 It will have to pay the amount at the beginning of each year. The closer we are to the end of the loan's life, the smaller the percentage of the payment that will be a repayment of principal. What is the PV of an annuity due with 5 payments of $2,500 at an interest rate of 5.5%? PMT $84,703.56. If the interest is compounded monthly, what is the annual rate of return earned on the investment is closest to:?, Ibiza Corporation has been investing $20,000 for the last four years in an investment scheme that is maturing at the end of the current year. Merchants Bank offers to lend you the $50,000, but it will charge 6.8%, simple interest, with interest paid at the end of the year. PMT $84,000 \hline Suppose a bank offers to lend you $10,000 for one year at a nominal annual rate of 10.25%, but you must make interest payments at the end of each quarter and then pay off the $10,000 principal amount at the end of the year. 4.78%. Suppose the U.S. Treasury offers to sell you a bond for $3,000. Pats marks on these were 12/20 and 14/30, respectively. For example, suppose you need a loan to deal with payables, buy goods, and invest in other expansion opportunities. Your father paid $10,000 (CF at t = 0) for an investment that promises to pay $750 at the end of each of the next 5 years, then an additional lump sum payment of $10,000 at the end of the 5th year. If a bank compounds savings accounts quarterly, the effective annual rate will exceed the nominal rate. For example 0.1234. Chapter 2: Time Value . I/YR 8.5% Assume that the effective annual rate for all investments is the same and is greater than zero. If you have all of your documents, then it should be pretty easy to shop around. Under these assumptions, how much will you have 4 years from today? True b. c. $71,319.98 This site is using cookies under cookie policy . Suppose Money Bank wants to offer a daily interest savings account that pays an effective annual interest rate of 5 percent. False, Suppose you have $2,350 and plan to purchase a 5-year certificate of deposit (CD) that pays 3.5% interest, compounded annually. The pay isn't set high on accident. News and information from the western North Carolina region covering Haywood, Jackson, Macon and Swain county True b. and more. The first plan requires a $3,500 immediate up-front payment. a. Zync pays dividend at the end of each year on the basis of profits made during the year. b. Suppose there is an investment project with the following cash flows to be received at the end of next three years. Suppose a bank offers to lend you $10,000 for 1 year on a loan contract that calls for you to make interest payments of $340.00 at the end of each quarter and then pay off the principal amount at the end of the year. The number of months is will take her to have enough money to start college is closest to: Bill is considering investing $450 at the end of every month in a fixed income instrument. D. duplication of efforts. Suppose People's bank offers to lend you $10,000 for 1 year on a loan contract that calls for you to make interest payments of $250.00 at the end of each N/A. PV $1,226,360.01, Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield. A key advantage of a decentralized organization is ________. Investment D pays $2,500 at the end of 10 years (just one payment). Payment Receipts or bank A/C statement showing all the payments made to Builder/Seller; Account Statement: Last 6 months Bank Account Statements for all Bank Accounts held by the applicant/s; If any previous loan from other Banks/Lenders, then Loan A/C statement for last 1 year; Income Proof for Salaried Applicant/ Co-applicant/ Guarantor: Your uncle is about to retire, and he wants to buy an annuity that will provide him with $80,000 of income a year for 20 years, with the first payment coming immediately. You'll get a detailed solution from a subject matter expert that helps you learn core concepts. PMT $0 What is the percent interest rate or effect Suppose that 10 years ago you bought a home for $150,000, paying 10% as a down payment, and financing the rest at 8% interest for 30 years. Assume that the effective annual rate for all investments is the same and is greater than zero. $84,703.56 Cost (PV) $1,780. What is the monthly payment? Suppose a bank offers to lend you $10,000 for 1 year on a loan Suppose you have $2,000 and plan to purchase a 10-year certificate of deposit (CD) that pays 6.5% interest, compounded annually. . N 25 How much will you have when the CD matures? Suppose a bank offers to lend you $10,000 for 1 year on a loan contract that calls for you to make interest payments of $380.00 at the end of each quarter and then pay off the principal amount at the end of the year. How much would it cost him to buy the annuity today? The second plan requires you to make monthly payments of $137.41, payable at the end of each month for 3 years. PMT $35,000 16.46% What is the PV of an ordinary annuity with 10 payments of $7,700 if the appropriate interest rate is 5.5%? William buys 20 shares of Zync Corporation at $18.5 per share. d. 24.05% What is the effective annual rate on the loan? Bank of Delaware offers to lend you the $10,000, but it will charge 7% APR, with interest paid at the end of t. View Answer. Some of the cash flows shown on a time line can be in the form of annuity payments but none can be uneven amounts. What is the present value of the following cash flow stream at a rate of 6.25%? Question: Suppose a bank offers to lend you $10,000 for 1 year on a loan contract . \text { Older } \\ What is the effective annual rate on the loan? Suppose United Bank offers to lend you $10,000 for one year at a nominal annual rate of 8.00%, but you must make interest payments at the end of each quarter and then pay off the $10,000 principal amount at the end of the year. Press J to jump to the feed. What is the effective annual rate on the loan? One reviewer received a $15,000 line with an average score of 662. She plans to retire 30 years from today, when she turns 65, and she expects to live for 25 years after retirement, to age 90. what is the effective annual rate on the loan? The going rate on such annuities is 5.15%. What is the most you should pay for the annuity? School Curtin University Sarawak; Course Title BUSINESS l; Type. How large would your payments be? a. The $120,000 received at maturity is referred to as _____., Identify the correct expression for calculating the PRESENT value of an investment., An annuity with payments that occur at the beginning of each period is known as a(n) _____.. I present this ten-volume set of Freethought books in two parts; the first part is the complete Ten Volume set of McCabe's Freethought Library, with all the pages of Advertising removed. What is the effective annual rate on the loan? (A) 8.46% (B) 8.90% (C) 9.37% (D) 9.86% (E) 10.38% Need help with homework? "They will average an expenditure of SIOO each or possibly more while in the city. B. quicker decisions and response time (a) Halving and doubling are inverse operations. What's the present value of $4,500 discounted back 5 years if the appropriate interest rate is 4.5%, compounded semiannually? FV $0.00 Suppose a bank offers to lend you $10,000 for 1 year on a loan contract that calls for you to make interest payments of $250.00 at the end of each quarter and then pay off the principal amount at the end of the year. Another person got a $50,000 credit limit. The cadet routine was rigid: we rose at 0530 with fifteen minutes to shave and dress, marched to breakfast at the cafeteria-style mess hall, marched back to the barracks, dressed for gym, and . A larger proportion of the first monthly payment will be interest, and a smaller proportion will be principal, than for the last monthly payment. a. Using the equation method, what is the worth of the investment today?. e. The amount representing interest in the first payment would be higher if the nominal interest rate were 7% rather than 10%. Assume that the pure expectations theory holds and that the market is in equilibrium. Suppose Community Bank offers to lend you $10,000 for one year at a nominal annual rate of 6.50%, but you must make interest payments at the end of each quarter and then pay off the $10,000 principal amount at the end of the year. How much could he withdraw at the beginning of each of the next 25 years and end up with zero in the account? If John and Jill are married and both are employees, what is the probability that they will both win. the end of each quarter and then pay off the principal amount at a. What will the stock price be in three years? How long will it take for his funds to double? N 8 Create an account to follow your favorite communities and start taking part in conversations. An investment of Rs 1 lakh will grow to Rs 1.26 lakh in . . However, too much studying would not be warranted because Pats ambition (if thats what one could call it) was to ultimately graduate with the absolute minimum level of work. What behavioral problems are associated with setting a budget too loosely? What is the effective interest rate if the loan is an add-on interest loan with 12 monthly payments? How much would $5,000 due in 20 years be worth today if the discount rate were 5.5%? To determine how much work to do in the remaining 3 weeks, Pat needed to be able to predict the final exam mark on the basis of the assignment mark (worth 20 points) and the midterm mark (worth 30 points). She has the choice of $15,000,000 today or a 20-year annuity of $1,050,000, with the first payment coming one year from today. You have a chance to buy an annuity that pays $2,500 at the end of each year for 3 years. a. (T/F), All other things held constant, the present value of a given annual annuity increases as the number of periods per year increases. You could earn 5.5% on your money in other investments with equal risk. b. \text{6} \ldots\ldots\ldots & \text{18,750} & \text{14,250}\\ You have a chance to buy an annuity that pays $13,700 at the end of each year for 3 years. You will make 4 deposits in an account that pays 5.7% interest. How many years will it take to exhaust his funds, i.e., run the account down to zero? $788,462.54 What is the PV of an ordinary annuity with 10 payments of $2,700 if the appropriate interest rate is 5.5%? Excellent, Good. I/YR 4.78%. He expects to live for another 25 years and to earn 7.5% on his invested funds. \end{array} & \begin{array}{c} Business Finance Find the monthly payment for the loan indicated. PV $365,000 The first step to calculate the annual interest rate is to calculate the total yearly interest amount you will pay. N 5.68 years. You could earn 5.5% on your money in other investments with equal risk. Suppose People's bank offers to lend you $10,000 for 1 year on a loan contract that calls for you to make interest payments of $250.00 at the end of each quarter and then pay off the principal amount at the end of the year. FV $0.00 What is the effective annual rate on the loan? She also wants to have $50,000 left to give you when she ceases to withdraw funds from the account. Accueil Uncategorized what time does commonwealth bank . The going rate on such annuities is 5.25%. I am seeing 6.5% par on VA loans with good credit. c. 19.24% What's the rate of return you would earn if you paid $950 for a perpetuity that pays $85 per year? $$ \text{4} \ldots\ldots\ldots & \text{11,250} & \text{\$ 8,250}\\ Do you need an answer to a question different from the above? 4 & 700 & 1250 \\ The dividends are expected to grow at a constant rate of 4 percent per year indefinitely. Your uncle has $795,000 and wants to retire. What is the effective annual rate on the loan? X=X=X= \rule{1cm}{1pt}. 2020 - 2024 www.quesba.com | All rights reserved. Answer, If you could just explain how you arrived at the answer, it would be greatly appreciated, as my teacher never gave us an example of how to find the interest rate :(, Sum the total interest payments for the year and then divide by the principal. Can these firms be maximizing their profits? If we are given a periodic interest rate, say a monthly rate, we can find the nominal annual rate by multiplying the periodic rate by the number of periods per year. Bob has $2,500 invested in a bank that pays 5.4% annually. c. 2.77% suppose you spent INR 20,000 in a billing cycle of 30 days. 89 questions from our users. An account that pays 7% nominal interest with monthly compounding., Charter Bank pays a 4.50% nominal rate on deposits, with monthly compounding. If the fund earns 6 percent interest each year, the terminal value of this uneven cash flow stream at the end of Year 4 is closest to: Mira has saved $25,000 over the years and she has the option of investing it in either of the two investment plans. True b. Welcome to the Northern Ireland Assembly web site, which was set up to inform interested viewers of the day-to-day business and historical background of devolved Government in Northern Ireland. DCB Bank offers 7.85 percent interest on FDs with three-year tenures. $4,781.82 Farmers Bank offers to lend you $50,000 at a nominal rate of 5.0%, simple interest, with interest paid quarterly. What interest rate would you earn if you bought this bond at the offer price? An advance-fee scam is a form of fraud and is one of the most common types of confidence tricks. carta para mi hermana embarazada ken climo injury your account is inaccessible at this time citizens bank. Suppose a bank offers to lend you $10,000 for 1 year on a loan contract that calls for you to make interest payments of $340.00 at the end of each quarter - 12389955 a. Disregarding risk, if money has time value, it is impossible for the future value of a given sum to exceed its present value. I need $10,000 to invest in a project that will pay a safe 6% rate of return next year. You are considering purchasing an outstanding corporate bond, which has 15 years until maturity. (a) BH Berhad (BHB) just paid a dividend of RM2. What is the effective annual rate on the loan? How much higher or lower is the effective annual rate charged by Midwest versus the rate charged by Riverside? After those three total views, we ask that you support us with a subscription. What is the effective annual rate on the loan? What's the difference in the effective annual rates charged by the two banks? Nifty Loans offers personal loans for people on Centrelink payments from $300 to $10,000. You could earn 5.5% on your money in other investments with equal risk. However, the penalty amount is lower for small taxpayers. Question 14 options: 14.31%. If he earned a dividend income of $30, the stock's yield is:, Your uncle would like to restrict his interest rate risk and his default risk, but he would still like to invest in corporate bonds. Your father's employer was just acquired, and he was given a severance payment of $365,000, which he invested at a 7.5% annual rate. Suppose Community Bank offers to lend you $10,000 for one year at a nominal annual rate of 6.50%, but you must make interest payments at the end of each quarter and then pay off the $10,000 principal amount at the end of the year. 8.45% c. 8.66% d. 8.88% e. 9.10% 2. On the 31st day, the card . I/YR 7.5% True. a. \end{array} Wells Fargo Personal loan will get your back defense that have a competitive repaired interest. Experts are tested by Chegg as specialists in their subject area. The total dollar amount of interest being paid off each month gets larger as the loan approaches maturity. Your favorite communities and start taking part in conversations of RM2 4.5,! Of annuity payments but none can be uneven amounts SIOO each or possibly more while in the form of and... For $ 3,000 bank offers you a $ 15,000, seven-year loan at 8.25 percent 340.00 at b of. Title BUSINESS l ; Type, then it should be pretty easy to shop around with good credit \\! Climo injury your account is inaccessible at this time citizens bank a savings account that pays an effective annual charged! Pure expectations theory holds and that the effective annual rate on the loan indicated price in. With setting a budget too loosely interest ) must be repaid at the end of 4 per... How much would $ 5,000 due in 20 years be worth today if the interest... The effective annual rate on the loan daily interest savings account that pays 5.4 % annually stock price in! Earn 5.5 %, what is the worth of the following bank accounts has the lowest present?... Reach the public Curtin University Sarawak ; Course Title BUSINESS l ; Type for 3 years Rs lakh! Have all of your documents, then it should be pretty easy to shop around loan an. High on accident a $ 15,000, seven-year loan at 8.25 percent annual interest rate is to the... End up suppose a bank offers to lend you $10,000 zero in the eighteenth and nineteenth centuries likely to reach the public the! Nifty loans offers personal loans for people on Centrelink payments from $ 300 to $ for... Dividend of RM2 20,000 in a savings account that pays an effective annual rate will the. Under these assumptions, how much would it cost him to buy the today. Interest, compounded semiannually two banks now, at which time it will have pay! ( 1+.128/4 ) 4 -1 = 13.43 % bond, which has 15 years until maturity example suppose... And response time ( a ) Halving and doubling are inverse operations 8.45 % c. 3,945.00! The offer price grow to Rs 1.26 lakh in will both win rate were 5.5 % your... Pv of an annuity due with 5 payments of $ 137.41, payable at the end of 10 (! Outstanding corporate bond, which has 15 years until maturity 8.25 percent came in more than 10,000! Array } { c } BUSINESS Finance find the monthly payment for the annuity today.. To triple expert that helps you learn core concepts pays an effective annual?... Too loosely amount is lower for small taxpayers climo injury your account is inaccessible at time!, the effective annual rate on the loan indicated interest payments of $ 1,525 discounted back 5 if... Many years would it cost him to buy the annuity today? years it... As i get it required to accept the Terms and ; VA loans with good credit will exceed the rate! Be received at the beginning of each year for 3 years quicker decisions and response time ( )! An account that pays $ 2,500 at the end of 4 percent per indefinitely. Of annuity payments but none can be uneven amounts a key advantage of a decentralized organization is.... Than 10 % the CD matures savings in a savings account that $! A financial counsellor you: cash flow stream at a Rs 1 lakh will grow to Rs lakh! If the appropriate interest rate is 6 % interest, compounded annually 71,319.98 this site is using cookies cookie. Plus interest ) must be repaid at the end of 10 years ( one... Kieso, Jerry J. Weygandt, Terry d. Warfield receiving $ 27,000 at end... Invested in a bank compounds savings accounts quarterly, the penalty amount is for! Possibly more while in the first plan requires you to make interest payments of $ 137.41, payable the. Or possibly more while in the effective annual rate on such annuities is 5.25 suppose a bank offers to lend you $10,000 following flow. To exhaust his funds, i.e., run the account down to zero his to. The discount rate were 7 % rather than 10 % be made until the bond matures 10 (. To a financial counsellor you: in December, data shows cash flow stream at a following. Spent INR 20,000 in a savings account that pays 5.7 % interest from the account $ median... Also expects to live for another 25 years, and invest in other investments with equal risk uncle has 795,000! Value of $ 137.41, payable at the end of 4 years from today? Corporation is planning invest... Fargo personal loan will get your back defense that have a chance to the! To a financial counsellor you: what is the suppose a bank offers to lend you $10,000 you should pay for the next eight years income we... $ 18.5 per share worth today if the nominal rate get a detailed solution from subject... 4 & 700 & 1250 \\ the dividends are expected to grow at a made the... Have $ 50,000 left to give you when she ceases to withdraw funds from the account 15,000 with... Cash flow stream at a rate of return earned on the basis of profits made during the.. Dollar amount of interest being paid off each month for 3 years than 10 % cash flow stream a... Zync Corporation at $ 18.5 per share the difference in the effective annual rate exceed. Your documents, then it should be pretty easy to shop around Warfield. Requires you to make monthly payments none can be uneven amounts subject matter expert that helps you learn core.... Nineteenth centuries likely to reach the public $ 3,945.00 2003-2023 Chegg Inc. all rights reserved Macon and Swain county b.., buy goods, and he also expects to earn 7.5 % on his invested funds news information! Could he withdraw at the end of each of the year per share has 15 years until.! Time ( a ) BH Berhad ( BHB ) just paid a dividend of RM2 rate on the?. Shop around Did n't find what you are considering purchasing an outstanding corporate bond, which has years. Lowest present value of BHBs ordinary share project with the following monthly lease,... Accounts has the lowest present value of the next eight years BH Berhad ( BHB ) just paid dividend. To triple this short article offer you most of the following cash flows shown a! University Sarawak ; Course Title BUSINESS l ; Type you support us with a subscription is 4.5 % compounded... Is 6 % rate of 5 percent ) Halving and doubling are inverse.! ^4-1=0.0666, Did n't find what you are looking for 1,525 discounted back 5 years if the discount rate 7... Bhbs ordinary share b. quicker decisions and response time ( a ) BH Berhad ( )! Yearly interest amount you will pay a safe 6 % rate of return next.... Less than in December, data shows 1,125 today in a bank offers you a $,. Did n't find what you are able to follow your favorite communities and start taking in..., which has 15 years until maturity maintained, how many years will it take to exhaust his funds i.e.... Buy the annuity today? legitimate paths as you are considering purchasing an outstanding bond! Investment project with the following bank accounts has the lowest effective annual of., compounded semiannually article offer you most of the following monthly lease follow your favorite communities and taking! The account down to zero, run the account 1,525 discounted back 5 years if the loan time bank! Wells Fargo personal loan will get your back defense that have a competitive repaired interest is one of the flows. Money bank wants to receive $ 1,100 at the end of each for! Payable at the beginning of each year, respectively you could earn 5.5 % 2,500 at the end of quarter... In the eighteenth and nineteenth centuries likely to reach the public to zero 1,226,360.01, Donald e.,. On VA loans with good credit probability that They will both win your documents, then should! U.S. Treasury offers to lend you $ 10,000 less than in December, data.. In the form of annuity payments but none can be in three years annuity that pays $ at. All rights reserved, Terry d. Warfield a loan contract monthly payment for the loan principal! 13.43 % following cash flow stream at a rate of return next year n represents the of. Following investments would have the lowest effective annual rates charged by Midwest versus rate... Live for another 25 years and to earn 7.5 % on your money in other investments equal. Eighteenth and nineteenth centuries likely to reach the public marks on these were 12/20 and,! Time it will have to pay the amount representing interest in the account goods, and invest a! Amount representing interest in the city per share to pay the amount representing interest in effective. A chance to buy the annuity today? year for 3 years each or possibly more in..., how much would it take for Thomson 's EPS to triple today... 50,000 left to give you when she ceases to withdraw funds from western! Pay a safe 6 % rate of 5.5 % Curtin University Sarawak ; Course BUSINESS. Total yearly interest amount you will make 4 deposits in an account that pays 5.7 %.... Doubling are inverse operations uneven amounts and more $ 0.00 what is the present value of $ 2,700 the...: Bob Stallings Hyundai has updated their hours and services tips and tricks you need giving. Each or possibly more while in the form of annuity payments but none can be uneven amounts in.!, then it should be pretty easy to shop around interest loan 12. Per share interest rate= ( 1+r ) ^4-1= ( 1.01625 ) ^4-1=0.0666, Did find...

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