This topic contains a solution. Click here to go to the answer
« previous next »
Pages: 1 2  All   Go Down

Author Question: A loan payment of $1700 was due 60 days ago and another payment of $1200 is due 45 days from now. ... (Read 4748 times)

audragclark

  • Hero Member
  • *****
  • Posts: 579
on: Jun 6, 2019

Question 1

An appliance store advertises a stove for $747.50 with nothing down, no payments and no interest for six months. Determine the cash value the store would be willing to accept if on a six-month investment, it can earn an interest of 4%.

Question 2

A loan payment of $1700 was due 60 days ago and another payment of $1200 is due 45 days from now. What single payment 90 days from now will pay off the two obligation if interest is to be 14% and the agreed focal date is 90 days from now?
Contemporary Business Mathematics with Canadian Applications ¦ Hummelbrunner, Halliday, Coombs ¦ 11th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by audragclark on Jun 6, 2019

Ksh22

  • Sr. Member
  • ****
  • Posts: 297
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.
Answer Preview
Only 25% of students answer this correctly


FLORENCE GABRIEL

  • Newbie
  • *
  • Posts: 1
Reply #2 on: Mar 22, 2020
thank you


Sunny Ngo Pham

  • Newbie
  • *
  • Posts: 1
Reply #3 on: Mar 22, 2020
thank you


John Gibb

  • Newbie
  • *
  • Posts: 1
Reply #4 on: Jun 11, 2020
Thank You


Kiersten Wicklander

  • Newbie
  • *
  • Posts: 1
Reply #5 on: Oct 23, 2020
thank you


mommytotwo

  • Newbie
  • *
  • Posts: 1
Reply #6 on: Nov 6, 2020
thank you


rangs1290

  • Newbie
  • *
  • Posts: 1
Reply #7 on: Nov 10, 2020
thank you


阿汤厨房

  • Newbie
  • *
  • Posts: 2
Reply #8 on: Feb 1, 2021
Thank you


Christelle Cajalne

  • Newbie
  • *
  • Posts: 1
Reply #9 on: Feb 11, 2021
thank you


Pages: 1 2  All   Go Up
« previous next »
 

Did you know?

More than nineteen million Americans carry the factor V gene that causes blood clots, pulmonary embolism, and heart disease.

Did you know?

Bisphosphonates were first developed in the nineteenth century. They were first investigated for use in disorders of bone metabolism in the 1960s. They are now used clinically for the treatment of osteoporosis, Paget's disease, bone metastasis, multiple myeloma, and other conditions that feature bone fragility.

Did you know?

Today, nearly 8 out of 10 pregnant women living with HIV (about 1.1 million), receive antiretrovirals.

Did you know?

Cocaine was isolated in 1860 and first used as a local anesthetic in 1884. Its first clinical use was by Sigmund Freud to wean a patient from morphine addiction. The fictional character Sherlock Holmes was supposed to be addicted to cocaine by injection.

Did you know?

Complications of influenza include: bacterial pneumonia, ear and sinus infections, dehydration, and worsening of chronic conditions such as asthma, congestive heart failure, or diabetes.

An oral contraceptive showing the daily doses and the different formulation taken in the last 7 days An oral contraceptive showing the daily doses and the different formulation taken in the last 7 days
Men and women report having fewer days with stressors as they go from middle to older adulthood, and ... Men and women report having fewer days with stressors as they go from middle to older adulthood, and ...
An oral contraceptive showing the daily doses and the different formulation taken in the last 7 days ... An oral contraceptive showing the daily doses and the different formulation taken in the last 7 days ...
A promissory note for $600.OO dated January 15, 2017. requires an interest payment of $120 00 ... A promissory note for $600.OO dated January 15, 2017. requires an interest payment of $120 00 ...
No payments were made on a $2,598 loan during its three-year term. What was the annually ... No payments were made on a $2,598 loan during its three-year term. What was the annually ...
Days 18–23 Bumps of mesoderm (somites) form. They will develop into the dermis and most of the ... Days 18–23 Bumps of mesoderm (somites) form. They will develop into the dermis and most of the ...
Video: Ionic bonds - role of ions in the body

For a complete list of videos, visit our video library