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Author Question: Judy paid for a living room suite over time, signing an installment contract that requires ... (Read 62 times)

kaid0807

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on: Jun 6, 2019

Question 1

The monthly rent payment on photo copier equipment is $671.00 payable in advance. What yearly payment in advance would satisfy the lease if interest is 6.84% compounded monthly?

Question 2

Judy paid for a living room suite over time, signing an installment contract that requires semi-annual payments of $2560.00 for 8.5 years. The first payment is made on the signing date and interest is 14.5% compounded semi-annually. What was the cash price?
Contemporary Business Mathematics with Canadian Applications ¦ Hummelbrunner, Halliday, Coombs ¦ 11th Edition
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Marked as best answer by kaid0807 on Jun 6, 2019

cegalasso

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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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kaid0807

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Reply 2 on: Jun 6, 2019
Great answer, keep it coming :)

debra928

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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