Question: what is the answer to question 9 if the constant amortization amount is 833

what is the answer to question 9 if the constant amortization amount is 833

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Q:

QUESTION 10 PLEASE USE EXCEL FORMULAS 9. What is the interest paid in month 14 on the loan in the previous question? $150,000 Answer ($694.44) Loan Amount Years Periods Per Year Payment Month at...

Q:

please use excel functions 9. What is the interest paid in month 14 on the loan in the previous question? $150,000 Answer ($694.44) 12 Loan Amount Years Periods Per Year Payment Month at Issue Here...

Q:

Hi, I need help with these questions, I keep getting the wrong answer. please provide an excel function for the answer hint(the answer is on cell highlight with red) 8. What is the payment in month...

Q:

8. What is the payment in month 13 on a CAM loan for $150,000 with a maturity of 15 years at 5.85%? Loan Amount $150,000 Answer Years 15 Periods Per Year 12 Payment Month at Issue Here 13 Interest...

Q:

if you could please provide the excel fuction thank you! B C D E 37. What is the balloon payment due at maturity for a 10-year loan for $325,000 at 5.85% if the negotiated payment amount each month...

Q:

please answer the following questions based on the problems bellow. PR 11-1A Bond discount, entries for bonds payable transactions Obj. 2 On July 1, Year 1, Danzer Industries Inc. issued $40,000,000...

Q:

question 9 please show excel formulas 8. What is the payment in month 13 on a CAM loan for $150,000 with a maturity of 15 years at 5.85%? $150,000 Answer $1,253.66 15 180 Loan Amount Years Periods...

Q:

please answer the following questions based on the problem bellow. (5-10) PR 11-1A Bond discount, entries for bonds payable transactions Obj. 2 On July 1, Year 1, Danzer Industries Inc. issued...

Q:

could you please make sure the excel formulas are shown in the answer too? thank you! Home Data Review View Paste Insert Page Layout Formulas Times New... 12 A- A- BIU. . A x fx LBC E B43 62 7. What...

Q:

if you could please provide the excel functions thank you! 95 96 10. What is the balance at EOM 34 of the loan in the previous question? 97 98 Loan Amount Answer 99 Years 100 Periods Per Year 101...

Q:

Management is considering preparing a break-even analysis. It's fixed costs are $100,000 and variable costs per unit are $10.00. They are considering production levels of 50,000 units and 100,000...

Q:

Metamorphism occurs at depth. How, then, can geologists study metamorphic rocks?

Q:

Which factor should be considered in underwriting when selecting a group for insurance coverage? The predictability of loss The expense of finding a nearly perfect group The benefits paid to...

Q:

Determine the major differences between U.S. GAAP and IFRS disclosure reporting requirements related to each separately reportable operating segment. Next, give your opinion as to whether either U.S....