subject
Business, 18.03.2021 01:50 alina1939

Two loans for equal amounts are amortized at 4% interest. Loan L is to be repaid by 30 equal annual payments. Loan N is to be repaid by 30 annual payments. Each payment has equal principal repaid amounts. Also, the interest portion of each payment is based upon the outstanding balance. The payment for loan L first exceeds the payment for loan N at end of year t. Find t.

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 22:30
Schuepfer inc. bases its selling and administrative expense budget on budgeted unit sales. the sales budget shows 1,800 units are planned to be sold in march. the variable selling and administrative expense is $4.30 per unit. the budgeted fixed selling and administrative expense is $35,620 per month, which includes depreciation of $2,700 per month. the remainder of the fixed selling and administrative expense represents current cash flows. the cash disbursements for selling and administrative expenses on the march selling and administrative expense budget should be:
Answers: 1
question
Business, 23.06.2019 00:10
The food services division of cedar river amusement park inc. is studying the amount families who visit the amusement park spend per day on food and drink. a sample of 40 families who visited the park yesterday revealed they spent the following amounts: see worksheet 1 for data and answer the following questions: a. organize the data into a frequency distribution, using seven classes and 15 as the lower limit of the first class. what class interval did you select? b. what percent of families spent less than $45? c. what percent of families spent $55 or more? d. how many families spent from $65 to 74.99?
Answers: 3
question
Business, 23.06.2019 07:00
Rare beef roasts can be cooked to what internal temperature? a) 120°f b) 130°f c) 145°f d) 155°f
Answers: 1
question
Business, 23.06.2019 07:30
Which of the following commission structures creates sales people who are highly motivated to close a sales,because their entire income depends on it?
Answers: 1
You know the right answer?
Two loans for equal amounts are amortized at 4% interest. Loan L is to be repaid by 30 equal annual...
Questions
question
Mathematics, 30.04.2021 01:30
question
Mathematics, 30.04.2021 01:30
question
Mathematics, 30.04.2021 01:30
Questions on the website: 13722367