subject
Business, 19.11.2019 17:31 Nalolivares

You have just obtained a personal loan for a new home movie system under the simple interest method. you have borrowed $12,000 for 9 months at an annual rate of 10%. your marginal tax rate is 28%. what are the total interest charges you would pay if the loan is paid off on time?
a) $1,200
b) $1,080
c) $900
d) $648
e) none of the above

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 19:20
Sanibel autos inc. merged with its competitor vroom autos inc. this allowed sanibel autos to use its technological competencies along with vroom autos' marketing capabilities to capture a larger market share than what the two entities individually held. what type of integration does this scenario best illustrate? a. vertical b. technological c. horizontal d. perfect
Answers: 2
question
Business, 22.06.2019 20:10
Mikkelson corporation's stock had a required return of 12.50% last year, when the risk-free rate was 3% and the market risk premium was 4.75%. then an increase in investor risk aversion caused the market risk premium to rise by 2%. the risk-free rate and the firm's beta remain unchanged. what is the company's new required rate of return? (hint: first calculate the beta, then find the required return.) do not round your intermediate calculations.
Answers: 2
question
Business, 22.06.2019 22:30
Experts are particularly concerned about four strategic metal resources that are important for the u.s. economy and military strength, and that must be imported. what percentage does the u.s. import? *
Answers: 2
question
Business, 23.06.2019 04:10
Which of the following would not be listed under cash outflows in a financial plan?
Answers: 2
You know the right answer?
You have just obtained a personal loan for a new home movie system under the simple interest method....
Questions
question
Mathematics, 07.03.2021 23:10
question
Mathematics, 07.03.2021 23:10
question
Mathematics, 07.03.2021 23:10
question
Mathematics, 07.03.2021 23:10
question
Mathematics, 07.03.2021 23:10
question
Biology, 07.03.2021 23:10
Questions on the website: 13722367