500 cash loan
[DOC File]Index of [finpko.ku.edu]
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Clearly the cash loan is the better deal (1,124.46X>1,110X). This argument shows that the rate of interest on the gold loan is too high. What is the correct rate of interest? Suppose that is the rate of interest on the gold loan…
[DOCX File]WordPress.com
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Oh, boy! Molly cannot afford the monthly payment using the 0% financing. Answer the following questions using the Auto Loan Calculator. and the 1.9% APR offer. Molly has a $2500 down payment saved for this purchase. Molly assumes the $500 Cash Allowance will come straight off her total. How much loan …
[DOCX File]NGPF Activity Bank - Ms. McRae's Classes - Home
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Dec 12, 2019 · The best deal we can offer you is 6.6% for 60 months. A little more bad news -- the cash allowance is also based on credit history, so you don’t qualify for $500. That said, you’re excited about a Jeep, and I want to see you driving one, so I can do $400 for you! Molly still has a $2500 down payment. How much loan …
[DOC File]1 - CPA Diary
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A company has a 10% cost of borrowing and incurs fixed costs of $500 for obtaining a loan. It has stable, predictable cash flows, and the estimated total amount of net new cash needed for transactions for the year is $175,000. The company does not hold safety stocks of cash…
[DOC File]Microfinance – Accounting Issues
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To Loan Account Cr 500.00 (for principal) Cash/Bank…Dr 45.00. To Interest Account Cr 45.00 (for interest income) Cash/Bank…Dr 5.00. To Interest Account Cr 5.00 (for fees) If the same entry is made …
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