Really need help!!!!! :( 1. If you receive $2,590 at the end of each year for th
ID: 2902847 • Letter: R
Question
Really need help!!!!! :(
1. If you receive $2,590 at the end of each year for the first three years and $627 at the end of each year for the next two years. What is the future value of this cash flow stream? Assume interest rate is 6%.
10,556.29
32,466.17
15,000
17,315.92
2. ABC Company has net income of $90,182, return on assets of 9.4 percent, and debt-equity ratio of 0.53. What is the return on equity?
12
15.63
14.38
10
3. consider a 12-year loan with annual payments at 5%. If the loan amount is $250,000, compute the interest paid in the eighth year.
a.6,000
b.6,200.73
c.6,500
d.6,105.94
a.10,556.29
b.32,466.17
c.15,000
d.17,315.92
Explanation / Answer
1.b. 32,466.17
2.c. 14.38
3.b.6,200.73
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