scarey4662 scarey4662

20-12-2022
Business

Answered

republic of lehman has borrowed $50 million from the cuny bank at an interest rate of 3% per year. lehman will repay the loan over the next 30 years in equal annual payments at the end of each year. find the annual installment.

Answer :

Other Questions

if the effective annual rate of interest is known to be 18% on a debt that has payments every two months, then the annual percentage rate is ______%.

how+much+is+a+bond+that+pays+$50+in+coupon+payments+for+3+years+and+$1,000+at+the+end+of+the+third+year+worth+if+the+interest+rate+is+10%?+a.+$876+b.+$1,150+c.+

Arrow bank has deposits of $630 million. it holds reserves of $40 million and government bonds worth $100 million. if the bank sells its loans at market value o

Fatoumata owes $17,600 in student loan debt. she starts to pay off her debt soon after finishing school. in the first year, she reduced the student loan debt ba

you want to retire in 25 years. you currently have $200,000 saved and you believe you need $1,200,000 at retirement. what annual interest rate will you need to

Alyssa invests money in an account paying simple interest. she invests $200 and no money is added or removed from the investment. after one year, she has $216.

assume that an economy produces just two goods, x and y, as shown in the table above. if year 1 is the base year, the consumer price index for year 2 in this ec

How much less is a perpetuity of $2,000 worth than an annuity due of the same amount for 30 payments (in $ dollars)? assume an interest rate of 10%. $______.

the fifth installment of needham company's note payable, dated january 2, year 6, will be due january 2, year 11. please remit payment in a timely manner.

for almost 100 years, stocks have earned an average annual return of almost 10 percent.