Business, 24.10.2019 16:43 brenyasanders5345
Alice purchases a boat. the purchase price is $18,300 and she makes a down payment of $3,800. she finances the balance for six years. there are level end-of-month payments (except for a slightly reduces final payment) and the loan is made at an annual effective rate of 5.2%. (a) find the amount of the first seventy-one payments. (b) find the outstanding loan balance just after the twenty-fourth payment.
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Slow ride corp. is evaluating a project with the following cash flows: year cash flow 0 β$12,000 1 5,800 2 6,500 3 6,200 4 5,100 5 β4,300 the company uses a 11 percent discount rate and an 8 percent reinvestment rate on all of its projects. calculate the mirr of the project using all three methods using these interest rates.
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Alice purchases a boat. the purchase price is $18,300 and she makes a down payment of $3,800. she fi...
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