-
+1 - 312-224-1615
Get in touch with us
-
support@helpwithassignment.com
Send us an e-mail
Solution Library
Calculation Of Interest Rate On Investment
Question
1. A truck costing $112000 is paid off in monthly installments over four years with 8% APR. After three years the owner wishes to sell the truck. What is the closest amount from the following list that he needs to pay on his loan before he can sell his truck?
A. $24867
B. $28678
C. $31432
D. $87255
2. If the current inflation rate is 5%, then the normal rate necessary for you to earn an 8% real interest rate on your investment is closest to:
A. 13.0%
B. 13.4%
C. 4.9%
D. 3.0%
Summary
These short questions belong to Finance. The 1st question is about calculating the remaining loan amount necessary to sell a truck bought on loan. The 2nd question is about calculating interest rate on investments.
Total Word Count 36
WHAT OUR STUDENTS SAY
After moving to Australia from the UK, I realised that the style of teaching is a bit different and so while pursuing my correspondence course in operations management I needed assistance. Luckily, I bumped into HwA online, who has an excellent pool of Australian operations management experts at their disposal. I got tremendously benefited by them.
Brain Newman Student
I ordered my zoology assignments to these guys. First I was reluctant to pay them. However after the initial payment, they provided me a draft of work. I was indeed amazed with the work quality and I ordered for the rest.
Larry Student
I was struggling with the deadlines of my assignments and increasingly felt at a loss with my Asian Legal Studies assignments. 24 hours in a day were not enough to do the research and structure the assignment essay. At TheReliableTutor the tutors understand my deadlines and I have never had them delay.
Shivamani T Student
Biology is such an exact subject that you need to be absolutely clear about the concepts before you sit down to write an assignment. When I moved to the US for my masters the professors wanted us to learn the subject by making us work more and more on our own. I was seriously getting stressed with all the hours I was spending on writing assignments without actually learning anything. Here TheReliableTutor.com biology tutor helped me bridge the gap and now I am much more confident."
Barry Coutinho Student
I was first very skeptical about taking an online help for my project management assignments. However, the moment I took help I realized that a lot of things need more attention and they are generally not covered in the class. So, I think TheReliableTutor.com is a fantastic platform to polish your knowledge of operations management along with the concepts of project management.
Clarie Hester Student
Comments
this is a very good website
I have 50 questions for the same test your page is showing only 28
hi can you please help or guide me to answer my assignments. thanks
hi can anyone help or guide me to my assignments. thanks
This solution is perfect ...thanks
Hello Allison,I love the 2nd image that you did! I also, had never heard of SumoPaint, is something that I will have to exolpre a bit! I understand completely the 52 (or so) youtube videos that you probably watched. Sometimes they have what you want, sometimes they don't! However, it is always satisfying when you are able to produce something that you have taught yourself. Great job!Debra 0 likes
Perfect bank of solution.
great !
thanks for the quick response. the solution looks good. :)
thnx for the answer. it was perfect. just the way i wanted it.
works fine.