estion 5 How many days are there between November 24, 2015 to March 28, 2016? 124 days 115 days 125 days 114 days
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- Table 1: Half-Year Convention 200% Declining Balance Year 3 Year 5 Year 7 Year 1 33.33% 20.00% 14.29% 2 44.45% 32.00% 24.49% 3 14.81% 19.20% 17.49% 4 7.41% 11.52% 12.49% 5 11.52% 8.93% 6 5.76% 8.92% 7 8.93% 8 4.46% Below are four asset purchases made in Asset Cost Date Office Table $1,000 January 1 Office Desk 1,500 September 29 File Cabinet 2,000 October 15 Computer 6,000 December 31 What is the maximum 2018 Sec. 179 deduction for these purchases? $10,500 $2,500 $8,000 $0Calculate (a) the amount financed, (b) the total finance charge, and (c) APR by table lookup. (Use Table 14.1.) Purchase price of a used car $ Down payment 4,095 $ 95 Number of monthly payments 60 Amount financed Total of monthly payments $ 5,844 Total finance charge APRProblem 6-12 Calculating EAR [LO4] Find the EAR in each of the following cases: (Use 365 days a year. Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) Stated Rate (APR) Number of Times Effective Rate Compounded (EAR) 8.5 % 17.5 Quarterly Monthly % 13.5 Daily 10.5 Infinite
- Question 6 At what rate compounded quarterly will Php15,000 accumulate to Php18,000 in 5 years? O 6.09% 3.66% 3.65% 6.07%correct answer Q23mid term q1 (1).jpg 8°C Partly sunny 2021 QS 10-2 Current portion of long-term debt LO1 On January 1, 2020, La Petite Macaron, a local French bakery, borrowed $84,000 from the bank. Interest is calculated at the rate of 4% and the term of the note is four years. Four equal annual payments will be made in the amount of $23,141 each December 31. The payment schedule is shown below: 2022 Year Annual Payment Principal Portion of Payment Interest Portion of Payment Principal Balance at Year-End 2020 $19,781 $3,360 $64,219 20,572 2,569 43,647 21,395 22,252 22,252 2023 $23,141 23,141 23,141 23,141 e Show how La Petite Macaron will show the note on its year-end balance sheet: 1. December 31, 2020 2. December 31, 2021 H Q Search : 444 hp 1,746 889 6 -0- Q 100% ENG IN 23:48 05-11-2023 0 pa dn
- PV Years Percent Compound FV $9,817.30 27 Weekly 14.59% O a. $288,108.80 O b. $501,663.75 O c. $439,829.35 O d. $48,490.59 thousand is:php#lockdown ag question Amount of Annual Investment $4,000 Rate $6,000 12% $13,500 Time $22,250 You have been depositing money into an account yearly based on the following amounts, rates and times What is the value of that investment account at the end of that period? NOTE: Enter amounts rounded to two decimals (e.g., 78.76 or 40.00). 14 years 15% 10% FV 10 years 20% 8 years SJK17 Find the EAR in cach of the following cases (Use 365 days a year Do not round Intermediate calculations end enter your answers es a percent rounded to2 decimal places, e.g, 3216.). Elfective Rate (EAR) Humber of Times Campounded Quarterly Monthly, Staled Ratz. (APR) 17.1 13.41 Dary 106 Infate
- Questions 11 to 12 The discount rate for the US T - bill that was issued on October 12, 2023 and maturing on January 11, 2023 is 5.340 %. 11. What is the price that is paid if one buys that T-bill? Answer to six decimal places. A. 98.002176 B. 98.183421 C. 98.650167 D. 98.876581 E. 98.991132 12. What is the geometric rate of return for holding the T-bill for 91 days? Use 365 days. A. 5.60% B. 5.77% C. 5.89% D. 5.98% E. 6.21%Question 11 A nine months 15% note for $9,000 dated April 15 is reciebed from a customer. The maturity value of the note is ____