This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Find the payment amount p needed to amortize the given amount. Assume that a payment is made in each ... (Read 115 times)

corkyiscool3328

  • Hero Member
  • *****
  • Posts: 539
on: Jun 16, 2021

Question 1

Find the payment amount p needed to amortize the given amount. Assume that a payment is made in each of the n compounding periods per year.

P = $10,000; i = 6%; t = 7 yr, compounded annually
◦ $2033.64
◦ $1610.36
◦ $1791.34
◦ $1808.84

Question 2

Find the payment amount p needed to amortize the given amount. Assume that a payment is made in each of the n compounding periods per year.

P = $120,000; i = 8%; t = 10 yr, compounded annually
◦ $17,883.49
◦ $16,809.08
◦ $19,209.53
◦ $17,880.82
Calculus and Its Applications ¦ Bittinger, Ellenbogen, Surgent ¦ 11th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by corkyiscool3328 on Jun 16, 2021

amit

  • Sr. Member
  • ****
  • Posts: 364
Reply #1 on: Jun 16, 2021
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.
Answer Preview
Only 49% of students answer this correctly


corkyiscool3328

  • Member
  • Posts: 539
Reply 2 on: Jun 16, 2021
Excellent

alexanderhamilton

  • Member
  • Posts: 334
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Your heart beats over 36 million times a year.

Did you know?

Vital signs (blood pressure, temperature, pulse rate, respiration rate) should be taken before any drug administration. Patients should be informed not to use tobacco or caffeine at least 30 minutes before their appointment.

Did you know?

Immunoglobulin injections may give short-term protection against, or reduce severity of certain diseases. They help people who have an inherited problem making their own antibodies, or those who are having certain types of cancer treatments.

Did you know?

Opium has influenced much of the world's most popular literature. The following authors were all opium users, of varying degrees: Lewis Carroll, Charles, Dickens, Arthur Conan Doyle, and Oscar Wilde.

Did you know?

More than 2,500 barbiturates have been synthesized. At the height of their popularity, about 50 were marketed for human use.

Because of immature visual-motor coordination, young children find it hard to throw and catch small ... Because of immature visual-motor coordination, young children find it hard to throw and catch small ...
How to find the second derivative of a function How to find the second derivative of a function
How to find the tangential and normal components of a vector How to find the tangential and normal components of a vector
Find the derivative of g(z) = 4z^7 - 3z^-7 + 9z Find the derivative of g(z) = 4z^7 - 3z^-7 + 9z
Find the resultant for the following force combinations Find the resultant for the following force combinations
Derive the following using the increment/delta method and find its slope Derive the following using the increment/delta method and find its slope
Video: Mendel's Pea Experiment

For a complete list of videos, visit our video library