Business, 04.01.2020 04:31 GOOBER3838

An investor took out a loan of 150,000 at 8% compounded quarterly, to be repaid over 10 years with quarterly payments of 5483.36 at the end of each quarter. after 12 payments, the interest rate dropped to 6% compounded quarterly. the new quarterly payment dropped to 5134.62. after 20 payments in total, the interest rate on the loan increased to 7% compounded quarterly. the investor decided to make an additional payment of x at the time of his 20th payment. after the additional payment was made, the new quarterly payment was calculated to be 4265.73, payable for five more years. determine x.

Answers: 2

Show answers

Another question on Business

Business, 22.06.2019 03:00

Compare the sources of consumer credit 1. consumers use a prearranged loan using special checks 2. consumers use cards with no interest and non -revolving balances 3. consumers pay off debt and credit is automatically renewed 4. consumers take out a loan with a repayment date and have a specific purpose a. travel and entertainment credit b. revolving check credit c. closed-end credit d. revolving credit

Answers: 1

Answer

Business, 22.06.2019 16:40

Differentiate between the trait, behavioral, and results-based performance appraisal systems, providing an example where each would be most applicable.

Answers: 1

Answer

Business, 22.06.2019 19:20

Win goods inc. is a large multinational conglomerate. as a single business unit, the company's stock price is estimated to be $200. however, by adding the actual market stock prices of each of its individual business units, the stock price of the company as one unit would be $300. what is win goods experiencing in this scenario? a. diversification discount b. learning-curveeffects c. experience-curveeffects d. economies of scale

Answers: 1

Answer

Business, 22.06.2019 23:40

Robert is a district manager who oversees several store managers in a national chain of restaurants. robert reports directly to the vice president of stores and marketing, a member of top management. robert is a middle manager.t/f

Answers: 2

Answer

You know the right answer?

An investor took out a loan of 150,000 at 8% compounded quarterly, to be repaid over 10 years with q...

Questions