Answer from: froyg1234
267.76%
Explanation:
In order to find the implied interest rate we first need to find the total amount that is paid after the 20 years. We calculate this by multiplying the annual payment amount by the 20 years like so...
$13,388 * 20 = $267,760
We see that the final amount that the borrower will pay to the bank is $267,760. Now we divide this amount by the initial borrowed amount to calculate the interest rate.
$267,760 / $100,000 = 2.6776 ... multiply by 100 to get percentage
2.6776 * 100 = 267.76 %
Finally, we see that the borrower will pay an interest of 267.76% on the loan.
Answer from: Quest
answer; swot analysis;
Answer from: Quest
answerthe above statement is (true);
Business, 22.06.2019 14:20, ssalusso7914
Cardinal company is considering a project that would require a $2,725,000 investment in equipment with a useful life of five years. at the end of five years, the project would terminate and the equipment would be sold for its salvage value of $400,000. the company’s discount rate is 14%. the project would provide net operating income each year as follows: sales $2,867,000 variable expenses 1,125,000 contribution margin 1,742,000 fixed expenses: advertising, salaries, and other fixed out-of-pocket costs $706,000 depreciation 465,000 total fixed expenses 1,171,000 net operating income $571,000 1. which item(s) in the income statement shown above will not affect cash flows? (you may select more than one answer. single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. any boxes left with a question mark will be automatically graded as incorrect.) (a)sales (b)variable expenses (c) advertising, salaries, and other fixed out-of-pocket costs expenses (d) depreciation expense 2. what are the project’s annual net cash inflows? 3.what is the present value of the project’s annual net cash inflows? (use the appropriate table to determine the discount factor(s) and final answer to the nearest dollar amount.) 4.what is the present value of the equipment’s salvage value at the end of five years? (use the appropriate table to determine the discount factor(s) and final answer to the nearest dollar amount.) 5.what is the project’s net present value? (use the appropriate table to determine the discount factor(s) and final answer to the nearest dollar amount.)
Answers: 2
Business, 22.06.2019 15:30, Kiaraboyd9366
The school cafeteria can make pizza for approximately $0.30 a slice. the cost of kitchen use and cafeteria staff runs about $200 per day. the pizza den nearby will deliver whole pizzas for $9.00 each. the cafeteria staff cuts the pizza into eight slices and serves them in the usual cafeteria line. with no cooking duties, the staff can be reduced by half, for a fixed cost of $75 per day. should the school cafeteria make or buy its pizzas?
Answers: 3
Business, 22.06.2019 21:00, victorialeverp714lg
Adecision is made at the margin when each alternative considers
Answers: 3
lang warehouses borrowed $100,000 from a bank and signed a note requiring 20 annual paymentsof $13,3...
Mathematics, 01.12.2019 19:31
Physics, 01.12.2019 19:31
Biology, 01.12.2019 19:31
Biology, 01.12.2019 19:31
Mathematics, 01.12.2019 19:31
Mathematics, 01.12.2019 19:31