TAKE MY CLASS

ORDER
$0.00 Cart
take my online class

BUSN 379 Week 2 Quiz

Category Tags , , , ,

$15.00

Add to Cart
Share on facebook
Share on whatsapp
Share on twitter
Share on pinterest
Share on linkedin
Share on reddit
Share on skype
Share on email

BUSN 379 Week 2 Quiz

1.Question :(TCO 3) You have been approved for a $70,000 loan toward the purchase of a new home at 10% interest. The mortgage is for 30 years. How much are the approximately annual payments of the loan? Hint: Assume you pay yearly.
Student Answer: $7425
 $8690
 $5740
 None of the above
 2.Question :(TCO 3) First Choice Bank pays 9% APR compounded quarterly on its business loans. National Emerald Bank pays 19% APR compounded semiannually. The EAR for First Choice and National Emerald Bank are:
Student Answer: 9.31% and 19.90%, respectively
 9% and 19.50%, respectively
 9.31% and 19.50%, respectively
 9% and 19.90%, respectively
 3.Question :(TCO 3) ABC Electronics is considering an investment that will have cash flows of $16,000, $5,000 and $4,000 for years 1 through 3. What is the approximate value of this investment today if the appropriate discount rate is 9% per year?
Student Answer: $23,250
 $27,250
 $21,970
 None of the above
 4.Question :(TCO 3) Which of the following will increase the total amount of interest earned on an investment assuming that all interest is reinvested? Select all answers that apply:
Student Answer:increasing the frequency of the interest payments
decreasing the frequency of the interest payments
increasing the interest rate
decreasing the interest rate

Hi there! Get instant help with . Without paying anything upfront.

FREE QUOTE
 5.Question :(TCO 3) If you borrow $50,000 today at 10% interest for eight years. How much of your second payment will be applied towards the principal of the loan?
Student Answer: $5,000
 $4,372
 $4,809
 can not be determined with the information given

 

 6.Question :(TCO 3) Match the following terms with the examples as appropriate:
 7.Question :(TCO 3) You are interested in saving to buy a new machine that costs $1,105. You can deposit $250 in your bank today. If your bank pays 8% annual interest on its accounts, how long will it take you to save for the new machine?
Student Answer: about 19 years
 about 9 years
 about 4.5 years
 Can not be determined
 8.Question :(TCO 3) How can we apply the concept of time value of money in evaluating a mortgage?
do-my-paper-pay-someone-to-write-my-paper

do you want to boost your grades? yes?

stop thinking we are eager to help you out

Contact Us

Payment Methods

Contact

  • Blog
  • Reviews
  • Library
  • Contact
  • About Us
  • How It Works
  • DMCA Policy
  • Refund Policy
  • Cookie Policy
  • Privacy Policy
  • Terms of Services
  • Take My Online Class
  • Do My Homework
  • MyMathLab Answers
  • MyStatLab Answers
  • MyAccountingLab Answers
  • CPM Homework Help
  • Math Homework Help
  • Online Homework Helper
  • Pay To Take Online Class
  • Finance Assignment Help
  • Online Final Exams Help
  • Take WIC Online Class
  • Coursework Writing Service
  • Buy Research Paper
  • Thesis Writing Service
  • Dissertation Writing Service
  • Course Project Help
  • Case Study Help
  • College Paper Writing Service
  • Do My Statistics Homework
  • Essay Writing Service
  • Economics Homework Help
  • Programming Homework Help
  • English Homework Help
  • Online Test Takers
  • Take My Online Quiz
  • Paid Service Online Class Help
  • Help With My Online Class
  • Online Business Class Help
  • Take My Online Lab
  • Algebra Homework Help
  • College Homework Help
  • MBA Assignment Help
  • Disclaimer: The services provided are meant to assist the buyer by providing a guideline and the product provided is intended to be used for research or study purposes.
Scroll to Top