Name :Christabella age :34 years old Saving :450,600 have car license Job :Global Banking Manager Less debt obligations Don’t have missing out on payments Monthly Income:30,000 Currently has 3 loans:Personal Loan (1,000), Housing Loan (2,500), and Car Loan (500 Assets : land(300,000), condominium(500,000) car(60,000) Now you are bank officer , Your customer christabella need to apply car loan ( BMW car it cost 300,000 ) you are required to : Make an credit worthinessof of Christabella’s car loan (you can add on the information that given to evaluate 5cs of credit of Christabella’s car loan ) explain why cristabella car loan accepted or rejected

Name :Christabella age :34 years old Saving :450,600 have car license Job :Global Banking Manager Less debt obligations Don’t have missing out on payments Monthly Income:30,000 Currently has 3 loans:Personal Loan (1,000), Housing Loan (2,500), and Car Loan (500 Assets : land(300,000), condominium(500,000) car(60,000) Now you are bank officer , Your customer christabella need to apply car loan ( BMW car it cost 300,000 ) you are required to : Make an credit worthinessof of Christabella’s car loan (you can add on the information that given to evaluate 5cs of credit of Christabella’s car loan ) explain why cristabella car loan accepted or rejected

Quickbooks Online Accounting

3rd Edition

ISBN:9780357391693

Author:Owen

Publisher:Owen

Chapter6: Investing And Financing Activities

Section: Chapter Questions

Problem 3.5C

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Let's assume you finance your house through Wells-Fargo Bank. Below, please find the Truth-in-Lending Disclosure (TILD). Calculate how much you pay to Wells-Fargo monthly (i.e. Total Monthly Payment). Amount Financed $332,153 Annual Percentage Rate 5.0% Term 30 Years Taxes and Insurance per month (Escrow account set up by Wells-Fargo.) $442 Group of answer choices $2,398.72 $2,383.83 $2,225.07 $1,783.07
Note: Round all answers to the nearest cent when necessary. Calculate the amount financed, the finance charge, and the total deferred payment price (in $) for the following installment loan. Purchase(Cash)Price DownPayment AmountFinanced MonthlyPayment Number ofPayments FinanceCharge TotalDeferredPaymentPrice $2,600 0 $2600 $189.69 18 $814.42 $ ??
Study this case and answer question asked below: You have the following quotes from Bank A & Bank B Bank A: Bank B SPOT USD/CHF 1.4650/55 USD/CHF 1.4653/60 3-months 5/10 6-months 10/15 Cash/Spot 1/2 SPOT GBP/USD 1.7645/60 GBD/USD 1.7640/50 3-months 25/20 6-months 35/25 If you want to buy 1 million GBP Spot against CHF you have to pay Minimum Amount you have to pay is a. CHF 2.5866 Million b. CHF 2.5881 Million c. CHF 2.5875 Million d. CHF 2.5863 Million
Choose the correct letter of answer: Company D's current assets and current liabilities are P200,000.00 and P140,000.00 respectively. How much additional funds can it borrow from banks for short term, without reducing the current ratio below 1.33? a. P13,800.00b. P86,200.00c. P52,612.00d. P35,870.00e. P41,818.00
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Years Bank Loan advance2018 STANBIC 2,584,7352019. STANBIC. 3,946,591 2020. STANBIC 4,373,5292018. BARCLAYS 3,204,859 2019. ABSA 4,082,295 2019. Absa. 2,09,501 2020. ABSA. 244,620 2020. Absa. 4,481,173 Question: Calculate the Herfindahl-Hirschman Index (HHI) for each year using loan advances and comment on the level of competition.
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Use PMT P(r/n) / (1- (1+r/n)-nt to determine regular pymt amt, rounded to nearest dollar. Home cost $209,000, bank requires 20% down pymt and 3pts at closing. The cost of the home is financed for 30-year fixed rate at 9.5%. P=$209,000 - $41,800 = $167,200 Down Pymt= $41800 Rate= 9.5% or 0.095 Time = 30 years fixed Points= 3 or 0.03 (167200*0.03=5106) N=12 167200(0.095/12) = 1323.666666666667 divided by: (1-(1+0.095/12)-12(30) = -360 (1-(1.007916666666667)-360 = HOW DO I CALCULATE this, this is where I am getting stuck on the calculator. I keep getting this answer 17.09486179680438, when I do 1.007916666666667-360 Please help me understand what I'm doing wrong on the bottom calculation.
Use PMT P(r/n) / (1- (1+r/n)-nt to determine regular pymt amt, rounded to nearest dollar. Home cost $209,000, bank requires 20% down pymt and 3pts at closing. The cost of the home is financed for 30-year fixed rate at 9.5%. P=$209,000 - $41,800 = $167,200 Down Pymt= $41800 Rate= 9.5% or 0.095 Time = 30 years fixed Points= 3 or 0.03 (167200*0.03=5106) N=12 167200(0.095/12) = 1323.666666666667 divided by: (1-(1+0.095/12)-12(30) = -360 (1-(1.007916666666667)-360 = 17.09486179680438 1-17.09486179680438 = -16.09486179680438 1323.6666666667 / -16.09486179680438 (this is the one I am having trouble calculating on my calculator) Please help me understand what I'm doing wrong on the bottom calculation.