suppose you want to buy a new car that costs you 15584 OMR by a loan from bank Muscat for 6 years. the bank charges you 4.004 percent on your loan. what is the annual payment should you pay to the bank every year on your loan? Select one: O a. 81682.76 O b. 2973.22 O c. 2496.86 O d. None of the options O e. 3674.22

Q: What is the IRR of this offer?

A: Capital budgeting methods are the used for finding the profitability of capital projects. It is a…

Q: 1. You are offered a current loan of 8,000 (in million rupiah) but must make a return during 4 years…

A: "Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: What would the monthly payment be? It is a zero amortizing loan

A: Given  Pv=300000*75%=225000 i=6%/12=0.5% n=30*12=360 Pv=pmt*(1-(1+i)^-n)/i

Q: Suppose you take out a loan for 180 days in the amount of $15,500 at 13% ordinary interest. After 40…

A: answer principal amount = $15,500 rate of interest = 13% partly payment  after 40days  partly…

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A: Loan Installment is that amount which is paid by the borrower to his lendor . It's Include the…

Q: ssume that you wish to trade in your old car and buy a new car. The new car has a list price of…

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A: Formula used :APR is the rate charged on an yearly basis by the lender or borrowee.

Q: rescott Bank offers you a five-year loan for $69,000 at an annual interest rate of 8.5 percent. What…

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Q: You are looking to buy a home in San Marcos. The bank offers you a fifteen-year loan with a 6.0% APR…

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Q: Assume you are making 10% of downpayment of a loan of 48,965.30 what is my montly payment over the…

A: Calculate the downpayment amount:Downpayment = 10% of $48,965.30 = $4,896.53 Find the loan amount…

Q: A lending company advertises that for a fee of P10, you can immediately borrow up to P200 for one…

A: Annual rate of return = (Monthly fee / Amount Borrowed) * 12 Amount Borrowed = P200 Monthly Fee =…

Q: Your bank is offering to finance your new car purchase for 3 years at 4.95%. If you were to borrow…

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Q: (Related to Checkpoint 5.6) (Solving for i) You lend a friend $10,000, for which your friend will…

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Q: You want to buy a $50,000 car. You can finance the car for 0.9% interest for 5 years. You decide to…

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Q: Q4. A local bank advertises the following deal: "Pay us $100 at the end of each year for 10 yearsand…

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Q: A bank offers a home buyer a 30-year loan at 6% per year. If the home buyer borrows $140,000 from…

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Q: TV’s R Yours is advertising a deal, in which you buy a flat screen TV/entertainment package for…

A: Note: We’ll answer the first question since the exact one wasn’t specified. Please submit a new…