Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. assuming a market interest rate is 10% per annum,

Assuming a market interest rate is 10% per annum, how much would Carla Vista Bank...

50.1K

Verified Solution

Question

Accounting

image Assuming a market interest rate is 10% per annum, how much would Carla Vista Bank record as a notes receivable if the terms of the loan with a borrower are that the borrower would make one $128000 payment in two years? (The present value of $1 for two periods at 10% is 0.82645). $116100.$128000.$116364.$105786

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Describe the general function of teeth. Diagram the general structure of a tooth. Describe the different...

Medical Sciences
Q

A) Be able to interpret a promoter analysis experiment? B) Know what alternative splicing is and how...

Biology
Q

What are the 4 types of retail assortment strategies? Provide a specific retailer (type or name)...

Operations Management
Q

15 Draw a Punnett square in your lab notebook to represent the gametes produced by...

Biology
Q

9 An electron beam has the diameter 1 mm the electrons have the kinetic energy...

Physics
Q

point Each graph below is the graph of a system of three linear equations in...

Geometry
Q

Let U 5 6 7 8 9 10 11 A 5 6 7 8 B...

Basic Math
Q

The table shows the time in minutes that it took Kareem to read different numbers...

Basic Math
Q

United Cellular Systems leased a satellite transmission device from Pinnacle Leasing Services on...

Accounting
Q

A firm reports a net margin of 3.00%. The firm has 1,052,330.00 million shares outstanding....

Accounting
Q

At the beginning of its current fiscal year, Willie Corporations balance sheet showed assets of...

Accounting
Q

Last year, Lexington had sales of $742,000 and paid taxes of $66,000. Because of the...

Finance