Business, 05.05.2020 04:11, edwardp03418
You are looking at a one-year loan of $10,000. The interest rate is quoted as 9.8 percent plus 2 points. A point on a loan is 1 percent (one percentage point) of the loan amount. Quotes similar to this one are common with home mortgages. The interest rate quotation in this example requires the borrower to pay 2 points to the lender up front and repay the loan later with 9.8 percent interest. What rate would you actually be paying here
Answers: 3
Business, 22.06.2019 19:40, mahoganyking16
Chang corp. has $375,000 of assets, and it uses only common equity capital (zero debt). its sales for the last year were $595,000, and its net income was $25,000. stockholders recently voted in a new management team that has promised to lower costs and get the return on equity up to 15.0%. what profit margin would the firm need in order to achieve the 15% roe, holding everything else constant? a. 9.45%b. 9.93%c. 10.42%d. 10.94%e. 11.49%
Answers: 2
Business, 23.06.2019 04:00, candaceblanton
The biweekly taxable wages for the employees of rite shop follow. compute the fica taxes for each employee and the employers fica taxes
Answers: 1
You are looking at a one-year loan of $10,000. The interest rate is quoted as 9.8 percent plus 2 poi...
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