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Author Question: Debt payments of $1170.00 due two months ago and $1243.00 due today respectively are to be repaid by ... (Read 186 times)

sammy

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Question 1

Debt payments of $1925.00 due today, $510.00 due in 87 days, and $674.00 due in 337 days are to be combined into a single payment to be made 115 days from now. What is that single payment if money is worth 8.65% p.a. and the agreed focal date is 115 days from now?

Question 2

Debt payments of $1170.00 due two months ago and $1243.00 due today respectively are to be repaid by a payment of $1505.00 in one month and the balance in four months. If money is worth 8.4% p.a. and the agreed focal date is four months from now, what is the size of the final payment?


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Marked as best answer by sammy on Jun 6, 2019

flexer1n1

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sammy

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Reply 2 on: Jun 6, 2019
:D TYSM


shailee

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Reply 3 on: Yesterday
Gracias!

 

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