The following annual data pertains to National Co.: Financial breakeven point 519,000 Preferred dividends 225,000 Tax rate 40%

Q: What nominal annual discount rate compounded semiannually is equivalent to a nominal rate of…

A: Nominal Interest Rate: When the market inflation is not taken into consideration while computing the…

Q: Which of the following is the cheapest for a borrower? 6.7% annual money market basis 6.7%…

A: Interest rate are compounded than effective interest rate is more and effective interest rate is…

Q: The approximate effective cost (EC) of financing the discount price of trade credit under terms…

A: Discount (d) = 2% for 10 days and then net on last day, which is day 30. Total days (T) = 30…

Q: Write the method used to identify whether the interest is compounded annually or at some other…

A: Interest indicates the additional amount to be paid or received in consideration of the principal…

Q: Which of the following is the cheapest for a borrower? 7% annual money market basis 7% semi-annual…

A: Generally, the annual basis is cheaper as compared to the semiannual basis, because on an annual…

Q: If the payments are monthly how would you set up the present value?

A: The concept of present value asserts that a sum of money today is worth more than the same sum in…

Q: What are total finance charges over that three-year period?

A: Finance charges = Total payment made  - Loan amount.

Q: The lender charges the borrower 1.8% per quarter. Find the equivalent nominal rate of interest.…

A: The nominal rate of the loan is stated in annualized terms without considering the effect of…

Q: Explain why many commercial loans require interest to compound more frequently than once a year,…

A: Commercial loans require interest rates to compound more frequently once e year because it issues…

Q: What are the three components of the interest formula?Explain how this formula adjusts for interest…

A: Interest: The money charged by the lender for using lender’s funds is referred to as interest. So,…

Q: How to adjust this Accrued interest on loans payable 18,000

A: Accrued Interest: According to accounting principles, accumulated interest refers to the amount of…

Q: when compounding takes place once annually, is the effective interest equal to nominal interest?

A: Answer: Comparison of nominal interest rates is possible when the compounding periods are same, for…

Q: f the interest is compounded monthly then m is equal to?

A: Compound Interest Compound Interest refers to the interest generated on principal as well as on the…

Q: site, find another.) Type in a nome price of $300,000. Leaving all other entries as they are, enter…

A: “Hi There, thanks for posting the question. But as per Q&A guidelines, we must answer the first…

Q: what simple interest rate is equivalent to 1% compounded quarterly

A: Simple interest rate is the rate which does not compound means under this rate there is no concept…

Q: What is the effective annual interest rate when 12% per year is compounded quarterly? 0.13 or 0.23?

A: In this we have to calculate the effective interest rate annually.

Q: What is the equivalent effective rate of minal rate is 14.5%?

A: Nominal interest rate is interest rate without the impact of compounding but effective interest rate…

Q: How much of the P84,000 advanced rental payment will expire or will be expensed at the end of each…

A: If any expenditure is paid in advance, it will be treated as pre-paid expense and reporting it as an…

Q: $13,376.39 was the interest earned on lending $94,600.00 for 7 years, what was the quarterly…

A: In compounding there is interest on interest including the principal amount and more is compounding…

Q: What is the maturity value of a 3-year term deposit of $9914.05 at 3.6% compounded monthly? How much…

A: Future value is a financial concept that refers to the projected worth of an investment or asset at…

Q: What is the annual effective interest rate equivalent to a nominal rate of 12 percent a year? Yanıt:

A: The effective rate of interest is an important technique in the case of multi-period compounding. If…

Q: If a fixed amount is withdrawn on the first day of every quarter, for what period the interest on…

A: Accounting is primarily concerned with identifying, recording, measuring, summarizing transactions…

Q: What is the nominal rate of interest compounded semi annually which is equal to 8.81% compounded…

A: Interest rate (APR) = 8.81% Compounding per year (M) = 4

Q: How to calculate monthly interest and apr

A: Wall unit cost = $2200 Down payment = $800 Monthly payment = $43.50 Period of loan = 48 months

Q: much do ten P 6,945 quarterly payments amount nterest rate is 3 compounded quarterly if payments y…

A: In this we have to find present value FACTOR and than we can find present value.

Q: If the principal is 124,860 and the future value is 182,568 what is the value of the single payment…

A: single payment present worth factor =Present value (Principal) /Future Value

Q: How much in "additional wages" will the company have to pay out next year at the adjusted rate (in…

A: Minimum wages rate is s rate which is required to pay at least.  Adjusted wages rate is calculated…

Q: How much pay tax for 10 cr loan file

A: When the funds are taken from outsider such as financial institutions or money lender it is known as…

Q: What is the effective rate of 16% interest compounded semiannually?

A: In this question we require to compute the effective rate of 16% interest compounded semi-annually

Q: f the following is a loan, identify a) the principal amount, b) the monthly interest rate, and c)…

A: Loans are paid by the equal monthly installments that carry the payment for interest and payment for…

Q: what is the equation to get the 0.007984 monthly rate.

A: The Rate function in the excel is used in the solution.

Q: The (blank) interest rate is referred to as APR and the (blank) interest rate is the true rate…

A: Effective rate ( EAR) FORMULA: EAR =1+APRMM-1M = frequency of compounding

Q: You purchase a 138-day Treasury bill for $9970.10 that is worth $10,000 when it matures. What is the…

A: A treasury bill is a kind of debt security issued by the government and private companies for…

Q: What is the effective interest rate corresponding to a nominal annual rate of. (Round your…

A: Whenever the impacts of compounding over time are considered, the effective annual interest rate is…

Q: What is the effective rate (annually compounded rate) of interest corresponding to 9% compounded…

A: The effective annual rate (EAR) is the actual rate of interest that an investment earns over a year,…

Q: If an electric appliance present worth is P 11,712 and is being paid P 1,636 indefinitely, calculate…

A: Perpetuity means infinite no. of payments of same amount and made in equal intervals. Person can…

Q: If an interest rate of 8.9% compounded semi-annually is charged on a car loan, what effective rate…

A: Interest is an additional amount which is paid by the borrower to the lender on the borrowed amount…

Q: Calculating Real Rates of Return IfTreasury bills are currently paying 4.7 percent and the inflation…

A: Real rate of return refers to the return after the adjustment of the inflation rate.

Q: semi-annual payment i

A: A fixed value periodic payment is called an Annuity. The question involves calculating the value of…

Q: which of the following banks would you choose for a savings account based on the following rates…

A: Banks provide interest on deposited amount at fixed rate. Higher the rate, higher will be the…

Q: .When the customer provides a long-term, steady income stream to the provider this asserts the…

A: An annuity is a payment that is made on the regular basis with a fixed interval of time over the…

Q: How do you calculate quarterly hour system?

A: It may not be true that employees won’t clock in the exact minute of the hour or even leave their…