hey mature in 20 years. Sheridan Company uses straight-line amortization. Interest payment da wer is correct.
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- i need the answer quicklyA $150,000 loan is to be amortized over 6 years, with annual end-of-year payments. Which of these statements is CORRECT? The proportion of interest versus principal repayment would be the same for each of the 7 payments. The annual payments would be larger if the interest rate were lower. If the loan were amortized over 10 years rather than 6 years, and if the interest rate were the same in either case, the first payment would include more dollars of interest under the 6-year amortization plan. The proportion of each payment that represents interest as opposed to repayment of principal would be higher if the interest rate were lower. The proportion of each payment that represents interest versus repayment of principal would be higher if the interest rate were higher.If the interest rate is 6% and the loan amount is $10,000, how much interest would accumulate in two years, assuming simple interest and no repayments? select the correct or the closest answerQuestion 19 Select one:a.1500b.200c.1200 d.2200e.1800
- Please no excel. Thanks An 18-year loan of 21,000 may be repaid under the following two methods: amortization method with equal annual payments at an annual effective rate of 6.1% sinking fund method in which the lender receives an annual effective rate of 6.450% and the sinking fund earns an annual effective rate of j. Both methods require payment of X to be made at the end of each year for 18 years. Calculate j. Round your answer to one decimal placeAssuming the leasehold yield is 2% above the freehold yield, calculate the Years Purchase (YP) dual rate for 10 years if the accumulative rate is 3% and that a comparable freehold property let at full market rent of $40,000 has just been sold for $500,000. Hint: Analyse the market yield from the comparable first and then use it to calculate the required YP. 4.3872 7.3625 6.1250 5.3410Jackson wants to buy a Corolla Cross 1.8 Hybrid by means of a financing plan. The price is R481 700. GL Finance, a vehicle finance company, will finance 70% of the purchase price over a period of three years at a nominal interest rate of 14% per year (NACM). Instalments are payable in advance. What is the monthly instalment (Report answer in absolute terms)?
- 4urrent Attempt in Progress Assume that Henry Corporation has a contractual debt outstanding. Henry has available two means of settlement: It can either make immediate payment of $1,485,000, or it can make annual payments of $195,000 for 10 years, each payment due on the last day of the year. Click here to view factor tables Which method of payment do you recommend, assuming an expected effective interest rate of 9% during the future period? (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 458,581.) Present Value of annual payments Recommended payment method $Real Estate investor borrowed Ksh 10million to invest in an asset at an interest rate of 10% p.a for 30 years. Calculate: I). Tha annual payment ii). The monthly payment iii). If the asset is expected to generate a return of Ksh 100000 per month. Advise the investor whether the investment in the asset is viable iv). Prepare a loan amortization schedule for the first ten years v). What other factors will you advise the investor to consider
- At 6% interest rate, find the capitalized cost of a bridge whose cost is P 300 million and life is 20 years. If the bridge must be partially rebuilt at a cost of P 100 million at the end of each 20 years. P 445,178,192 O P 145,413,221 P 345,307,595 P 245,398,210am. 113.Hello I'm working on a 14-year amortization table, I'm using a face value of $30,000,000, an interest rate of 5%, and a coupon rate of 8%, I calcuated the amortization for each of the 14 years using the straight line method; however, I need help showing that the table can handle both a premium and a discount. Please guide me on how should I calculate the premium and the discount for each year of the amortization. Thanks in advance!