You have a loan outstanding requires making four annual payments of $5,000 each at the end on leu of making one large payment at the end of the loan's tem in four years the interest rate on t two forms of payment The final paym Rand

Q: do you have the answer in a different format using equations

A: The present value is the present worth of the amount that will be paid or received in the future.

Q: Define each of the following terms: g. Decision tree; staged decision tree; decision node; branch

A: Decision tree: A decision tree is a method of arranging a set of consecutive decisions, which is…

Q: Define Assigning.

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A: A formula is an equation or expression that, when entered into a spreadsheet or other application,…

Q: briefly explain what is meant by breakven points

A: Cost accounting is the part of accounting that helps in determining the total cost of production. It…

Q: Show how to insert formula in excel

A: Perpetuity: It is a stream of cash flow that is presumed to continue for an indefinite period.

Q: is the target of data flow. Select one: O a. Destination O b. Pass O c. Source O d. Stores

A: Which is the target of data flow as follows:-

Q: Define roadshow

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Q: Briefly explain on Salam and Parallel Salam.

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Q: Define Reconciliation method

A: Bank reconciliation: Bank statement is prepared by bank. The company maintains its own records from…

Q: can you please type out the equation

A: Solution:- When an equal amount is saved each period at end of period, it is called ordinary…

Q: Explain an example of internal users.

A: Accounting: Accounting is a system, or a process of collecting and organizing economic transactions,…

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A: The "view" that typically allows you to drag and drop fields to create relationships between tables…

Q: what is an example of data flow diagram, fixed asses system?

A: A data flow diagram (DFD) refers to a graphical representation of a flow of any information or…

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A:

Q: Explain the process followed and the result

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Q: Write the note on JIT technique, what is the full form of JIT?

A:

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Q: Explain an example of internal events.

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Q: Explain how the E-R diagrams is used to prepare database tables. Also, include explanation of…

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A:

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Q: How can forwardrates be used for hedging purposes?

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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.