Question: At year-end, Optima Supplies has assets equal to $145,000 and liabilities. equal to $60,000. What is the total equity for Optima Supplies at year- end?
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What is th total equity for optima supplies?
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- Question 2. A company makes payments continuously at a rate of $200 per year. The payments are made between year 2 and 7. Find the accumulated value of these payments at time 10, using i = 6.5%. Hint: 1419.76answer given. show me complete workingSuppose that a company borrows 20,000 for 1 year at a stated rate of interest of 9 percent. What is the annual percentage rate (APR) if interest is paid to the lender in annually? semiannually? quarterly?
- A debt of $52000 with interest at 9.6% compounded quarterly is to be repaid by equal payments at the end of every three months for five years. Calculate the size of the monthly payments,total amount paid and cost of financing. PV =$ I/Y= C/Y= i= n = PMT=$ AMOUNT PAID =$ COST OF FINANCING=$ 2 d.p. 2 d.p. 2 d.p.Far East Imports Inc. owes $64 000.00 to be repaid by monthly payments of $2475.00. Interest is 6.12% compounded monthly. What is the outstanding principal amount at the end of year 2? Group of answer choices 50300.5449080.1059691.8455312.87What is the internal rate of return on a $3,000 loan to be repaid as $3,500 twoyears from now?
- The purchase amount of an equipment P1,000,00.00 has been made available through loan which earns12% per annum. It has been agreed that the loan be payable in 10 equal annual payments. How much then is then is the yearly due?es If you borrow $6,100 at $510 interest for one year, what is your annual interest cost for the following payment plan? (Round the final answers to 2 decimal places.) a. Annual payment b. Semiannual payments c. Quarterly payments d. Monthly payments Effective rateWhat is the size of the payments that must be deposited at the beginning of each 6-month period in an account that pays 7.6%, compounded semiannually, so that the account will have a future value of $150,000 at the end of 18 years? (Round your answer to the nearest cent.)$_____
- If you borrow $5,300 at $400 interest for one year, what is your annual interest cost for the following payment plan? (Round the final answers to 2 decimal places.) a. Annual payment b. Semiannual payments c. Quarterly payments d. Monthly payments Effective rate % op % %Please answer all subparts with explanation. I will really upvote.A debt of $1908 with interest at 6.3% compounded annually is to be repaid by equal payments at the end of each year for 4 years. What is the balance remaining (BAL) after the second payment? What is the principal repaid (PRN) in the second payment? What is the interest paid (INT) in the second payment?