subject
Business, 19.09.2019 22:00 ryanbasdao

You have a loan outstanding. it requires making three annual payments at the end of the next three years of $3000 each. your bank has offered to allow you to skip making the next two payments in lieu of making one large payment at the end of the loan’s term in three years. if the interest rate on the loan is 5%, what final payment will the bank require you to make so that it is indifferent between the two forms of payment?

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 13:40
Determine if the following statements are true or false. an increase in government spending can crowd out private investment. an improvement in the budget balance increases the demand for financial capital. an increase in private consumption may crowd out private investment. lower interest rates can lead to private investment being crowded out. a trade balance in sur+ increases the supply of financial capital. if private savings is equal to private investment, then there is neither a budget sur+ nor a budget deficit.
Answers: 1
question
Business, 22.06.2019 20:00
How many organs are supplied at a zero price? (b) how many people die in the government-regulated economy where the government-set price ceiling is p = 0? the quantity qd – qa. the quantity qe – qa. the quantity qd – qe. (c) how many people die in the market-driven economy?
Answers: 1
question
Business, 23.06.2019 01:30
Which of the following is considered part of a country’s infrastructure?
Answers: 3
question
Business, 23.06.2019 07:50
Discuss the positive and negative effects of the north american free trade agreement on the united states. support your conclusions with examples and evidence from the lesson.
Answers: 2
You know the right answer?
You have a loan outstanding. it requires making three annual payments at the end of the next three y...
Questions
question
Mathematics, 15.11.2019 07:31
Questions on the website: 13722360