Suppose you invest $1,200 in an account paying 5% interest per year. a. What is the balance in the account after 4 years? How much of this balance corresponds to "interest on interest"? b. What is the balance in the account after 29 years? How much of this balance corresponds to "interest on interest"?

Q: 7) What is an ESOP? What are the characteristics and rules of an ESOP plan?

A: ESOP stands for Employee Stock Ownership Plan. It is a kind of employee benefit plan that gives the…

Q: 0. 00000

A: Please feel free to ask any questions you have, and I'll do my best to provide you with the…

Q: What is Reg D?

A: Regulation D (Reg D): It may be a Securities and Exchange Commission (SEC) law confining exceptions…

Q: Question 2: Calculate the payback period and the NPV using a discount rate of 8% Inflow/ Outflow…

A: Payback period and NPV of the project is calculated in excel below

Q: THE SMITH COMPANY Using the business transactions below, complete T-accounts for the Smith Company.…

A: T Accounts    1. Cash Account Particular Debit Particular Credit         To capital A/c…

Q: 3 plus 4

A: Solution: 3 Plus 4  = 3 + 4

Q: Concord Corporation's charter authorized issuance of 96,000 shares of $10 par value common stock and…

A: The company issues either common shares or preferred shares. When the company issues these shares…

Q: When are data in 3NF?

A:

Q: Can I have the answer for part iv) and v) please.

A: i) Work in process inventory - Process 2 T-account:   Account     Debit      Credit Direct…

Q: the customer per small p the customer per large p= s Stork Enterprises have f gnize this tax…

A: A. Total tax charged to the customer per small package = 6% x $45 = $2.70Overall charge per small…

Q: explain the the benifts of IFRS9

A: The international financial reporting standard 9 is generally specifying how a particular…

Q: Question 8

A: When net credit sales is divided with average accounts receivable it results in receivable turnover…

Q: XYZ Co is looking at four different opportunities. Each opportunity requires the same initial…

A: Capital budgeting The process that involves decision-making related to investment which involves…

Q: the difference between a W-4 form and W-2 form.

A: Form W-4: Employee’s withholding allowance certificate. This form is filled by employees for their…

Q: How about the Question 3

A: The present value of growth opportunity is defined as the value of stock attributed to the earnings…

Q: 1(1.25)/1.1+[1(1.25)3/(0.10-0.06)]/1.1 Simply the equation.

A: 1(1.25)/1.1+[1(1.25)3/(0.10-0.06)]/1.1

Q: Carefully explain the cross-sectional test of the CAPM.

A: The Capital Asset Pricing Model (CAPM) is a mathematical model that describes the relationship…

Q: How about the second question?

A: As per the accounting standard- the effects of changes in foreign exchange currency, income and…

Q: where is step 5?

A: Where the Depreciation expenses are halved, it would have the following impacts:   •Net income: it…

Q: What happened to questions 4 and 5?

A: 4.Margin of safety in revenue = Actual sales – Break-even sales= (35,000*5.90) – 88,382= 206,500 –…

Q: Jane Evans receives payments of $900 at the beginning of each month from a earned by the fund is…

A: Pension fund provides the pension for retirement based on the fund available interest rate and time…

Q: WHAT'S THE ANSWER TO D, E AND F?

A: Given, Net nonoperating obligations (NNO) Return on equity (ROE) Nonoperating return component of…

Q: how this 0.625 comes ?

A: Coupon bond comes with semiannual coupons at a certain rate.  This is the amount of cash received in…

Q: Where is the answer for number 4 and 5 answe

A: The following types of Financial statements as follows under:- Balance Sheet. Income Statement.…

Q: can you define small holdings

A: In the world of finance we can define small holdings as shown below:

Q: What the agi

A: AGI means Adjusted Gross Income. It is the total income on which income tax payable would be…

Q: Distinguish between vesting and non-vesting conditions.

A: Share-based payments: These payments agreements are the transactions in which a third party is…

Q: 5. What are vulnerabilities? Give some examples.

A: Vulnerabilities refers to the possibility of being exposed, harmed and attacked of an application…

Q: Given that im) = 0.1488144 and dm) 0.1417814, find m. %3D

A: i(m) = 0.1488144 d(m) = 0.1417814

Cost of Credit

The cost of credit is an extra amount that the borrower has to pay besides the loan amount. These credit charges may vary from loan to loan. The cost of credit includes interest charges, maintenance charges, and arrangement charges. Some of the costs are mandatorily collected by the lender based on the loan amount and tenure of the loan. The cost of credit is also called finance charges of the credit.