Ask Experts Questions for FREE Help !
Ask
    Aska1964's Avatar
    Aska1964 Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Dec 15, 2012, 09:35 AM
    present value of a loan
    .if a car was sold for 20,000 to someone jan 1 and was granted a three year 2% loan, interest is paid on the 31 dec and principal at the end of the 3 years... mkt rate is 8%... what is the present value of the loan?. thx.

Check out some similar questions!

Present value of loan [ 1 Answers ]

computation present value of a loan payable without interest.

I need the present value of a loan [ 2 Answers ]

I have an outstanding loan with a principle balance of $263,168. There are 99 monthly payments left on the loan with an interest rate of 8%. The monthly payments include principle and interest and are $3639.83 each. What is the present value of the loan and how is it calculated?

Present Value of a Loan [ 1 Answers ]

A company must repay the bank $10,000 cash in 3 years for a loan it entered into. The loan is at 8% interest compounded annually. The present value factor for 3 years at 8% is 0.7938. The present value of the loan is: from the formula I had I got 10,000/.7938 = 12,597.63 ( which is wrong!) and...

View more questions Search
 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.