1. Calculate the annual amount of interest (assuming no principal repayment) for each of the… 1 answer below »

1. Calculate the annual amount of interest (assuming no principal repayment) for each of the following: Term loan of $ 122,000 over 15 years at 6.5%. Line of credit for $50,000 drawn 50% in one year at 1 0%. Fifteen shares of stock purchased at $12.50 per share. Bonds trading at par for $2,000 with a 7% rate.

2. If the owner of Bright Rays Tanning Salon, Inc., invested $200,000 and found an investor to pay in $45,000 for 1 5% of the corporation, what is the valuation of the business?

 

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