| | | Course Project - Part 1 - Task 1: Assessing loan options for AirJet Best Parts‚ Inc. | | | | | | | | | | | | | | | | Question 1: | APR (given) | EAR (calc) | | 2nd ICONV | | | | | | National First | 3.25 + 6.75 = 10% | 10.25 | | NOM = 10% | | | | | | | | | | C/Y = 2 (semiannual) | | | | | | | | | | EFF = 10.2500 | | | | | | | | | | | | | | | | | | | | | | | | | | Regions Best | 13.17 | 13.99 | | 2nd ICONV
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Kim Witten Course Project Part I Task 1 1. National First (Prime rate is 3.25%) +6.75% = 10% Semiannually EAR = (1+.10/2) ^2 – 1 which is 10.25 Regions Best Rate is 13.17% Monthly EAR = (1+.1317/12) ^12 – 1 which is 13.99 2. I think that between National First and Regions Best that National first offers the lower rate after computing the EAR. National first is also only compounded semiannually making it lower then Regions Best. The only thing I worry about it the prime rate changing
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Task 1: Assessing loan options for AirJet Best Parts‚ Inc. 1. MPRIME as of 08/2013 was 3.25% APR for National First = 3.25% + 6.75% = 10% APR for Regions Best 13.17% EAR for National First [(1 = ((10%)/2)) 2-1 = 10.25% EAR for Regions Best [(1 = ((13.17%)/12)) 12-1 = 13.9947% 1. Based on the information about I would choose National First because of the lower EAR rate of 10.25% and also because the EAR is compounded semiannually making the EAR even lower over Regions Best who had a higher
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Part 1 – Complete the following chart using information from the lesson. One example appears for you. Somebody ... Wanted ... But ... So ... President Abraham Lincoln the nation to heal as quickly as possible from the Civil War and planned to reunify the nation quickly he was assassinated in 1865 only days after Robert E. Lee’s surrender plans for Reconstruction were taken over by Vice President Andrew Johnson‚ who became president after Lincoln’s death President Andrew Johnson Wanted to
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Project – Part I Task 1: Assessing loan options for AirJet Best Parts‚ Inc. The company needs to finance $8‚000‚000 for a new factory in Mexico. The funds will be obtained through a commercial loan and by issuing corporate bonds. Here is some of the information regarding the APRs offered by two well-known commercial banks. Bank | APR | Number of Times Compounded | National First | Prime Rate + 6.75% | Semiannually | Regions Best | 13.17 | Monthly | 1. Assuming that AirJet Parts‚ Inc
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Project Part 1: Identify E-Business and E-Commerce Web Apps for Planned Transformation Up-North Fishing Outfitters (UNFO) is the premier source for those fishing in northern Michigan. They provide equipment‚ watercraft‚ safety gear‚ and other products for local and tourist anglers. UNFO wants to pursue an e-business model to realize additional revenue streams‚ reduce costs‚ and improve customer service. With the full support of senior management‚ the IT department has been tasked to identify e-business
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Integrated Case 3-16 D¡¦Leon Inc.‚ Part I Financial Statements and Taxes Donna Jamison‚ a 2000 graduate of the University of Florida with 4 years of banking experience‚ was recently brought in as assistant to the chairman of the board of D¡¦Leon Inc.‚ a small food producer that operates in north Florida and whose specialty is high-quality pecan and other nut products sold in the snack-foods market. D¡¦Leon¡¦s president‚ Al Watkins‚ decided in 2004 to undertake a major expansion and to ¡§go
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Course Project – Part I Task 1: Assessing loan options for Air Jet Best Parts‚ Inc. The company needs to finance $8‚000‚000 for a new factory in Mexico. The funds will be obtained through a commercial loan and by issuing corporate bonds. Here is some of the information regarding the APRs offered by two well-known commercial banks. Bank APR Number of Times Compounded National First Prime Rate + 6.75% Semiannually Regions Best 13.17 Monthly 1. Assuming that AirJet Parts‚ Inc. is considering
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SP3450 Project Part 1 The way we perceive ourselves in relation to the rest of the world plays an important role in our choices‚ behaviors and beliefs. Conversely‚ the opinions of others also impact our behavior and the way we view ourselves. Social psychologists investigate how people view themselves and others‚ how they interact with and influence others‚ and how people act when part of a group. Given the amount of time spent thinking about and interacting with other people‚ it follows
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Quinae. Carswell April 7‚ 2013 Week 5 Assignment Part 1: Textbook Exercises Complete the following exercises: * Exercise 4 on p. 186 of course text. Draw a project network from the following information. B: Survey Designed C: Target Market Identified A: Contract Signing G: Demographics D: Data Collection E: Develop Presentation H: Presentation F: Analyze Results What activity(s) is a burst activity? Larson & Gray defines a burst activity as an activity
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