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Author Question: What principal will have a future value of $640, at 12.1% in 6 months? (Read 52 times)

sheilaspns

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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
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Marked as best answer by sheilaspns on Jun 6, 2019

missalyssa26

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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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sheilaspns

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

Hdosisshsbshs

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

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