You have $180,000 loan, NOM rate= 5.50% per annum, compounded annually. Term of loan is 1.5 years and the instalments are paid on a weekly basis. Assume 52 weeks per annum. The weekly instalments is $2,405.41. What is the principle portion of the first instalment?(step by step solution please)
music row incorporation has sales of 32 millions total assets of 43 millions and total debt of 9 millions. if the profit margin is 7 percent, what is net income? what is ROA? what is ROE?
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