This topic contains a solution. Click here to go to the answer

Author Question: Which of the following is a strength of payback period? A) a disregard for cash flows after the ... (Read 121 times)

kshipps

  • Hero Member
  • *****
  • Posts: 571
Which of the following is a strength of payback period?
 
  A) a disregard for cash flows after the payback period
  B) only an implicit consideration of the timing of cash flows
  C) merely a subjectively determined number
  D) a measure of risk exposure

Question 2

Janice borrows 25,000 from the bank at 15 percent to be repaid in 10 equal annual installments. Calculate the end-of-year payment.
 
  What will be an ideal response?



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

nixon_s

  • Sr. Member
  • ****
  • Posts: 359
Answer to Question 1

D

Answer to Question 2

Use financial calculator: PV=25,000, I=15, FV=0, N=10, CPT PMT: 4,981.30




kshipps

  • Member
  • Posts: 571
Reply 2 on: Jul 10, 2018
Excellent


ecabral0

  • Member
  • Posts: 310
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

Increased intake of vitamin D has been shown to reduce fractures up to 25% in older people.

Did you know?

The largest baby ever born weighed more than 23 pounds but died just 11 hours after his birth in 1879. The largest surviving baby was born in October 2009 in Sumatra, Indonesia, and weighed an astounding 19.2 pounds at birth.

Did you know?

Your chance of developing a kidney stone is 1 in 10. In recent years, approximately 3.7 million people in the United States were diagnosed with a kidney disease.

Did you know?

For high blood pressure (hypertension), a new class of drug, called a vasopeptidase blocker (inhibitor), has been developed. It decreases blood pressure by simultaneously dilating the peripheral arteries and increasing the body's loss of salt.

Did you know?

The highest suicide rate in the United States is among people ages 65 years and older. Almost 15% of people in this age group commit suicide every year.

For a complete list of videos, visit our video library