What is the value of the lender's FRA (in dollars, rounded to two decimals)?

Q: how do I calculate the quick ratio in a balance sheet?

A: Quick ratio is a liquidity ratio which is used to analyse the ability of a company to pay their…

Q: What is Simple Annuity? (payment interval, and interest period, time of payment, duration)

A: Given Simple annuity Payment interval Interest period Time of payment  Duration…

Q: how did you get the numbers for installment sales?

A: Instalment Method: The installment method is typically employed when a customer is permitted to…

Q: What are the five differences between Bills Payable and Bills Receivable?

A: Bills payable: Bills payable is a document that reflects the amount to be paid by an individual or…

Q: What is an annuity?

A: Financial Management: In layman’s words, financial management is the management of the finance or…

Q: Explain the difference between each of the following pairs of terms. For each you must include an…

A: a)Common Difference is the difference between the Term and the term that follows it  The ratio is…

Q: What is an annuity? How does it differ from a lump sum payment?

A: Annuity:An annuity refers to a series of payments made at regular time intervals. These are…

Q: What is the rela1ionship between Annual  Percentage Rate and the interest period?

A: Answer: Annual percentage rate represents the interest rate which also takes additional payments…

Q: pact does time period hav

A: Annuities are the uniform periodic payment that are paid at the end of period or beginning of the…

Q: Compare and contrast the lenders financial ratios and for what purpose they use the ratios

A: Financial ratios refer to the relative magnitude of the selected values measured in numerical that…

Q: Explain how to calculate time interest earned.

A:

Q: What is the net present value of an annuity?

A: Net present value is defined as the temporal variation in the present value of cash inflows and…

Q: The Interest earned over a specified period of time is expressed a percentage of the original amount…

A: Rate of return is the total incentive earned on the amount invested expressed in percetage.

Q: why was the discount rate included in the table?

A: Discount rate is the expected rate of return for the project value which is used to convert the…

Q: Write an equation for determining the value of the series of end-of-period payments?

A: Formula:

Q: What is the meaning of Installment Sales?

A: Installment sale: It is one of a few potential income acknowledgments approaches under the Generally…

Q: What is euro?

A: There are 28 Member States in the European Economic and Monetary Union (EMU), 19 of which have…

Q: What’s the difference between an ordinary annuity and an annuity due?

A: Annuity is the fixed sum paid on annual basis. In other words, annuity is the series of payment…

Q: Interest expense should be calculated based on interest rates and debt balances and by using a trend…

A: Interest expense is the amount paid periodically on the borrowed amount. The borrowed amount can be…

Q: receivables turnover ratio

A: Receivable turnover ratio is an important accounting metric used to evaluate the performance of…

Q: is there a way of computation for both interest (simple and compound) that you could paid the total…

A: Simple interest is calculated on the loan or deposit's principal amount, whereas compound interest…

Q: e. What is an annuity due? How does this differ from an ordinary annuity

A: Annuity refers to a series of equal payments made at the same interval.

Q: find the average daily balance

A: The method which takes daily balances into consideration rather than weekly or monthly balances is…

Q: How can we determine the amount of a periodic payment?

A: The amount of periodic payment is determined using the following formula:

Q: How can we calculate the net present worth of each payment?

A: The present value is the value of the sum received at time 0 or the current period. It is the value…

Q: What is the logic behind the concept of time value of money, and what comes to your mind once as…

A: It means money has time value. A dollar today is more valuable  than a dollar a year hence. Rate of…

Q: how did you get the effect of the exchange rate?

A: Statement of cash flows is a part of financial statements which is used by the users of financial…

Q: What is the purpose of calculating a set of financial ratios?

A: Financial Ratios: Financial ratios are the metrics used to evaluate the liquidity, capabilities,…

Q: Calculate a currency's foward premium or discount based on interest rate differentials.

A: Using Interest rate parity theory, forward rate are calculated as follows by assuming the two…

Q: E Loan Amount Is $430,000 Loan is a 7/30 Balloon Loan Annual Interest Is 3.75%, with monthly…

A: Given, Loan amount is $430,000 Interest rate is 3.75% Loan is 7/30 balloon loan, which means, after…

Q: How is the present value of an annuity determined?

A: Present value:   Present value is the value of future cash flow today. Present value is the…

Q: What is an annuity?

A: Present value: This is the amount of future value reduced or discounted at a rate of interest till…

Mortgages

A mortgage is a formal agreement in which a bank or other financial institution lends cash at interest in return for assuming the title to the debtor's property, on the condition that the obligation is paid in full.

Mortgage

The term "mortgage" is a type of loan that a borrower takes to maintain his house or any form of assets and he agrees to return the amount in a particular period of time to the lender usually in a series of regular equally monthly, quarterly, or half-yearly payments.