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Author Question: A loan of $3325.00 is to be repaid by three equal payments due in 102 days, 157 days and 189 days ... (Read 71 times)

saraeharris

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on: Jun 6, 2019

Question 1

Debts of $1480.00 due four months ago and $1385.00 due in one month are to be settled by two equal payments due now and nine months from now respectively. Find the size of the equal payments at 12% p.a. with the agreed focal date now.

Question 2

A loan of $3325.00 is to be repaid by three equal payments due in 102 days, 157 days and 189 days respectively. Determine the size of the equal payments at 12.15% p.a. with a focal date of today.
Contemporary Business Mathematics with Canadian Applications ¦ Hummelbrunner, Halliday, Coombs ¦ 11th Edition
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Marked as best answer by saraeharris on Jun 6, 2019

meganmoser117

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Reply #1 on: Jun 6, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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saraeharris

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Reply 2 on: Jun 6, 2019
YES! Correct, THANKS for helping me on my review

marict

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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