mbarber657 mbarber657

19-12-2022
Business

Answered

fredrick received a $2,000 loan from the bank for some new appliances. the bank is using the simple interest formula for this two-year, 7 percent loan. what is his total interest? a. $14 b. $70 c. $140 d. $280 e. $2,014

Answer :

Other Questions

judy runs a bank and believes interest rates will increase in the future. explain what size interest rate gap the bank should have and why.

if the interest rate is 10 percent, what is the present value of $25,000 received two years from now?

orono corp.'s sales last year were $515,000, its operating costs were $362,500, and its interest charges were $12,500. what was the firm's times interest earned

g excel consider a 20-year mortgage for $332,443 at an annual interest rate of 4.3%. after 6 years, the mortgage is refinanced to an annual interest rate of 2.1

who are the main participants in the foreign exchange markets? what is the role/interest of each? g

what is the pv of an ordinary annuity with 10 paymens of 2700 if the appropriate interest rate is 5.5

the retail box has a historical p/cf ratio of 21.5. the current cfps is $1.42 and the projected cfps growth rate is 5.6 percent. the current eps is $1.02. what

a homestead may suffer forced sale for payment of mortgages where the loan proceeds were used to do which of the following? a) purchase the residence b) all of

if an owner takes his property off the market for a definite period in exchange for some consideration but grants an individual the right to purchase the proper

ou have just purchased a u.s. treasury bond for $747.25. no payments will be made until the bond matures 5 years from now, at which time it will be redeemed for