Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. how many discount point are necessary to raise the

how many discount point are necessary to raise the yield of a 12% loan with...

60.1K

Verified Solution

Question

Accounting

how many discount point are necessary to raise the yield of a 12% loan with 360 monthly payment of $514.30 to 12.41%?

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

When the potential difference between the plates of a capacitor is halved, the magnitude of the...

Physics
Q

Tesco-Case Study Tesco is the UK’s largest food retailer, with a sales turnover of more than 67.5...

General Management
Q

Plaza Corporation acquires all of the assets and liabilities of Spiceland Company. How are Spiceland’s research...

Accounting
Q

Given AB II CD AB CD Prove AE CE A D E B

Geometry
Q

Superior Micro Products uses the weighted-average method in its process costing...

Accounting
Q

Do you think fair value may be too volatile for reporting purposes? Wouldn't this type...

Accounting
Q

1. As of December 31, 2014, Stoneland Company has assets of 3,500 and equity of...

Accounting
Q

Last year, Lilys Trophies, Inc. changed their inventory method from utilizing FIFO to LIFO. Lilys...

Accounting
Q

The following is the standard cost card for Jim Inc's only product: Direct material, 3...

Accounting
Q

CASE STUDY: 1 Read the following case study and answer all the questions given below...

Accounting
Q

step by step no excel only formula An investment...

Accounting
Q

Cullumber Co. uses a perpetual inventory system and both an accounts receivable and an accounts...

Accounting