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Author Question: Erica intends to retire in 37.5 years and would like to receive $6600.00 every 6 months for 14 ... (Read 69 times)

storky111

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on: Jun 6, 2019

Question 1

The sale of property provides for payments of $10 000.00 due at the beginning of every three months for ten years. If the payments are deferred for five years and interest is 12% compounded monthly, what is the cash value of the property?

Question 2

Erica intends to retire in 37.5 years and would like to receive $6600.00 every 6 months for 14 years, starting on the date of her retirement. How much must she deposit in an account today if interest is 6.25% compounded semi-annually?
Contemporary Business Mathematics with Canadian Applications ¦ Hummelbrunner, Halliday, Coombs ¦ 11th Edition
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Marked as best answer by storky111 on Jun 6, 2019

trampas

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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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storky111

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Reply 2 on: Jun 6, 2019
Excellent

triiciiaa

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

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