C$ 25% OMapsQuestion(([Solve[SolveC Solved[S Xcoursehero.com/tutors-problems/Finan...Answer & ExplanationRelated Questionsat antnad.5.Suppose your credit card has an APR of 17% your daily rate would be0.17/265.6.In buying a set of household appliances costing 120,000. a family makes adown payment of 10,000 and there is an agreement to pay the balance in 18monthly installments and interest is charged at 15.84% compounded monthly.a.) How much the total interest?b.) How much is the outstanding balance after the 6thperiodic payment?c.) How much is the monthly installment?d.) How much interest payment was paid in the first 5months?Ae.) How much is the principal repayment on the 10th month?7.A stock pays annual dividends of 0.33 per share. determine the dividendspaid to a shareholder who has 1,200 shares of the company's stock.AccountingBusiness Financial AccountingSubscribeView answer & additonal benefits from the subscriptiontvTue Jun 14 3:10 PMkRelated CouNew T+

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5.Suppose your credit card has an APR of 17% your daily rate would be 0.17/265.

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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A credit card is provided by financial institutions or banks, which permits a person to borrow money on a preapproved limit for purchases on a credit basis. The credit limit is decided by the institution and bank which issues a credit card depending on the person’s credit score and income. A cardholder can use the card for credit purchases, a balance transfer, cash advances.

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Given $140.10 per month; cash price $5,600; down payment $0 Cash trade months with bank-approved credit; amont financed $5,000. Finance charge $2,806. (Use tables in the handbook) The APR by table lookup is:
Fast pls solve this question correctly in 5 min pls I will give u like for sure Surbh Poutine Cheez Company has yearly sales of $410,000 and an average collection period of 30 days. A factoring company is offering a 30-day receivables loan equal to 84% of the accounts receivable at 6.5% along with a commission fee of 0.75% of the receivables. The firm estimates that by taking the offer, it could save $150 in collection costs and 0.5% in bad debt costs, as a percentage of sales. What is the annual savings (in $ terms) of the arrangement to Poutine Cheez?
Question content area top Part 1 Suppose that you decide to buy a car for $23,635, including taxes and license fees. You saved $5000 for a down payment and can get a three-year car loan at 5.37%. Use PMT=Prn1−1+rn−nt to find the monthly payment and the total interest for the loan. Round to the nearest cent as needed.
Lily Corp. Corp. sells on term 2/20, net 40. Total credit sale for the year are P180,000. 40% pays on the 20th day and take discounts while the rest pay on the due date. What is the average amount of accounts receivable? (Use 360-day year) a. 16,000 b. 36,667 c. 26,667 d. 12,000
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