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

Author Question: What principal will have a future value of $640, at 12.1% in 6 months? (Read 47 times)

sheilaspns

  • Hero Member
  • *****
  • Posts: 567
on: Jun 6, 2019

Question 1

A $10 000 loan advanced on February 15 at a 10% interest rate requires equal payments after 61 days, 122 days and 183 days from the day of the loan. What should be the value of the equal payments?

Question 2

What principal will have a future value of $640, at 12.1% in 6 months?
◦ $678.72
◦ $800
◦ $600
◦ $603.50
◦ $370.80
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 sheilaspns on Jun 6, 2019

missalyssa26

  • Sr. Member
  • ****
  • Posts: 327
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 39% of students answer this correctly


sheilaspns

  • Member
  • Posts: 567
Reply 2 on: Jun 6, 2019
:D TYSM

isabelt_18

  • Member
  • Posts: 342
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

No drugs are available to relieve parathyroid disease. Parathyroid disease is caused by a parathyroid tumor, and it needs to be removed by surgery.

Did you know?

In 1864, the first barbiturate (barbituric acid) was synthesized.

Did you know?

The types of cancer that alpha interferons are used to treat include hairy cell leukemia, melanoma, follicular non-Hodgkin's lymphoma, and AIDS-related Kaposi's sarcoma.

Did you know?

The highest suicide rate in the United States is among people ages 65 years and older. Almost 15% of people in this age group commit suicide every year.

Did you know?

During the twentieth century, a variant of the metric system was used in Russia and France in which the base unit of mass was the tonne. Instead of kilograms, this system used millitonnes (mt).

Future Nurses Future Nurses
The Principal Internal Structures of a Multipolar Neuron The Principal Internal Structures of a Multipolar Neuron
How to calculate the future value of a mutual fund How to calculate the future value of a mutual fund
Current and future trends and impacts (IPCC) Current and future trends and impacts (IPCC)
Frontal section through the right side of the skull showing the three principal regions of the ear Frontal section through the right side of the skull showing the three principal regions of the ear
A man put aside $5710.00 at the end of every 3 months for seven years. How much will he have ... A man put aside $5710.00 at the end of every 3 months for seven years. How much will he have ...
Video: Pressure volume relationships - Normal inspiration and expiration

For a complete list of videos, visit our video library