1. What percentage of all customer service calls last year were regarding payment? 0500

Q: A loan of $21,919 was repaid at the end of 18 months. What size repayment check (principal and…

A: Answer -    Given Data, P = $ $21919 r = 10.7% = 0.107 t  = 18 months = 18/12 = 1.5 yrs   Formula,…

Q: What is the present value of monthly payments of $400 for 5 years followed by monthly payments of…

A: First Monthly Payment = $400 Time Period = 5 years Second Monthly Payment = $800  Time Period = 10…

Q: Find simply interest earn.

A: Principal = $859.44 Interest Rate = 21.3% p.a. Time = 3 months or 3 / 12 i.e. 0.25 year Interest for…

Q: What rate of interest did you earn for a period of 2417 days if you invested $175 and you earned…

A: The correct answer is: (D) 19.16%  To calculate the rate of interest, you can use the formula Rate =…

Q: How much interest is earned in 4 years on P12,000 deposited in an account paying 4% compounded…

A: Present value is the sum of the current value of money of future cash flows. It is also known as a…

Q: What is the present value of $2,500 semiannual payments received at the beginning of each period for…

A: Given:

Q: Q7-3. If interest is compounded more than once a year, will the effective interest rate be higher…

A: Let the nominal interest rate = r Compounding frequency = m

Q: You deposit $137987 at 4.6% per year in a saving account. What is the interest at the end of one…

A: Under compound interest, the interest will be calculated on the interest earned and the deposit…

Q: an annuity $4,947.11 today make equal payment at end of year 8 equal payments at 6.5%. What will be…

A: Annuities are a series of equal cash flows that occur at regular intervals over a specified period…

Q: Period Regular Payment Interest Repayment of the Loan Outstanding Balance 0 100000 1 6000 3000 3000…

A: The outstanding balance is calculated as deduction of amount of repayment of loan from previous…

Q: ​$1900 earned simple interest of ​$56.22 in 3 ​months, what was the simple interest​ rate?

A: Simple interest is interest computed on principal amount only not on interest accrued or accumulated…

Q: You owe $1985.00 and $1794.00 in 5 months from now and 9 months from now respectively. What single…

A: Information Provided: Amount owed for 5 months = $1985 Amount owed for 9 months = $1794 Annual…

Q: Calculate the Accounts Receivable Turnover for 2021 using the following information: Net Sales…

A: The ratio analysis helps to analyze the financial statements of the business on the basis of…

Q: If you wish to accumulate $246,000 in 17 years, how much must you deposit today in an account that…

A: Future Value = fv = $246,000Time = t = 17Interest rate = r = 15%

Q: The opening balance of a savings account for May is $3,543. On May 7, $284 was deposited into the…

A: Interest is the amount or price that borrowers pay to the lender for the use of lenders' money.…

Q: $13,376.39 was the interest earned on lending $94,600.00 for 7 years, what was the quarterly…

A: In compounding there is interest on interest including the principal amount and more is compounding…

Q: What was the principal amount of a loan at 9%fS67.78 of interest accrued from October 28 2014, to…

A: Interest accrued is the amount of interest calculated on the principal. In this question the…

Q: 3. P7,900 made every three months at 6.75% converted bimonthly

A:

Q: 7A-19. What is the nominal dollar value of the interest tax savings to the firm in the third year of…

A: Please find the answer to the above question below:

Q: How much would $1, growing at 13.7% per year, be worth after 75 years? a. b. C. d. e. $18,248.03…

A: Future Value refers to the compounded value of a single cash flow received today or multiple cash…

Q: What is the equivalent rate of 10% compounded semi-annually to compounded weekly? O 9.7672% O…

A: Effective rate of interest is the rate of interest compounded as per the tenure.

Q: 8.2 At what interest rate, two transactions occurring a year from now (S1200) and two year from now…

A: solution : we are required to calculate the interest rate at which two cash flow (1200) one year…

Q: On 31 December 2010 total of rent OMR 4,510 was owing, and the rent chargeable per year (2011) was…

A: Rent is an expense which is paid because of using the asset which is not having own by the person or…

Q: 6. If an investment of $1107.00 earned interest of $249.00 at 6.4% compounded quarterly, for how…

A: The concept of time value of money will be applied here. A sum of money invested today attracts and…

Q: How is the beginning value for the second year got from the table below

A:

Q: How much amount should an investor deposit in an account earning a continuously compounded interest…

A: Time Value of Money states that a dollar today is worth more than anytime in the future. This is…

Q: What is $425 to be received at the end of the year worth on January 1, assuming 6% interest…

A: Amount = Principal*(1+r/n*100)^nt where, r = rate of interest n = no. of period t = no. of year

Q: What is the fixed charge coverage ratio? Answer in the form of 3.2x (one decimal place) Assume: 1.…

A: The fixed-charge coverage ratio demonstrates how effectively a business can use its earnings to…

Q: Today 4. year years years years years $1000 $1000 $1000 $1000 $1000 $1000 $1000 $1000 $1000 $1000…

A: In this we have to find out present value of semi annual annuity.

Q: Compute the amount of interest for $247.00 at 8.28% p.a. from November 22, 2006 to September 18,…

A: Interest earned is the amount of money that accrues for lending money or investing over a specific…

Q: Assuming a 360-day year, when a $18,690, 90-day, 10% interest-bearing note payable matures, total…

A: The note payable represents the amount due for payment. It is reported as liabilities in the balance…

Q: Q2: a) What rate, compounded semi-annually, is equivalent to 10% compounded quarterly? m NOM EFF m…

A: Compound = n = Semiannually = 2Interest Rate = r = 10%

Q: Payment S 123 4,555 74,484 167,332 Years 13 8 5 9 Interest Rate (Annual) 13 % 8 10 1 Future Value…

A: The future value refers to the value of an investment or asset at a specific point in the future,…

Q: years and nine mo pounded quarterly

A: Answer : Future value = $26,500 Interest rate = 11% Time = 2  years 9 month = 2.75 Years  Compounded…

Q: The past five monthly returns for Kohls are 4.11 percent, 3.62 percent, −1.68 percent, 9.25 percent,…

A: Number of returns (n) = 5   Average return is know as arithmetic average return.

Q: What is the rate of interest if P40000 earned interest of P1200 in 140 days? (А) 2% (в) 7.82% c)…

A: Principal amount = P40000 Interest amount = P1200 Period = 140 days = 140/365 = 0.383561643835616

Q: What are the key points arising from the credit controller's review in respect of each trade…

A: Trade receivables are those receivables which the company have which has not been received by the…

Q: Write a short note (max 150) words to describe the System of National Accounts 2008

A: solution System of National Accounts 2008 It is  a international statistical standard . System of…

Q: 1 2 3 6. 7 8 EOM (end of month payment) $5 $5 $5 $5 $5 i=10% compounded quarterly $20 $25 $30 $35…

A: Here, Interest Rate is 10% Compounding Period is Quarterly i.e 4 Payment Period is Monthly i.e 12…

Q: At what nominal rate of interest compounded quarterly will $ 6900 earn $1500 interest in eight…

A: Both PV and FV are essential concepts for investors as they provide valuable insights into the…