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Author Question: You borrow 25,000 to buy a car, and agree to make 48 monthly payments of 607.39 to repay the loan. ... (Read 115 times)

jparksx

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on: Jul 11, 2018
You borrow 25,000 to buy a car, and agree to make 48 monthly payments of 607.39 to repay the loan. What
  annual rate of interest, which is being compounded monthly, are you being charged?
 
  What will be an ideal response?

Question 2

EBIT break-even analysis indicates the projected EBIT level such that EPS is identical under two different debt-equity mix scenarios.
 
  Indicate whether the statement is true or false


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yahahah24021

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Reply #1 on: Jul 11, 2018
Answer to Question 1

7.75

Answer to Question 2

TRUE


jparksx

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Reply 2 on: Jul 11, 2018
Wow, this really help

lcapri7

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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