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Author Question: Eighty days ago, Emma was supposed to pay $870 to Regina. She also will owe Regina $1230 in 120 ... (Read 3140 times)

mrsjacobs44

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on: Jun 6, 2019

Question 1

Jake owed Terry $3690 nine months ago and Jake also owed Charles $4008 three months ago. If Jake wanted to repay both of these debts today, determine the single payments that would full repay the debts. Allow for simple interest at 0.8%.

Question 2

Eighty days ago, Emma was supposed to pay $870 to Regina. She also will owe Regina $1230 in 120 days. However, Emma is unable to pay these amounts; so instead, Regina has agreed to accept two equal payments due after three months and six months, respectively. If the interest rate is 1.25%, determine the size of the quarterly payments.
Contemporary Business Mathematics with Canadian Applications ¦ Hummelbrunner, Halliday, Coombs ¦ 11th Edition
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Marked as best answer by mrsjacobs44 on Jun 6, 2019

mcabuhat

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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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mrsjacobs44

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Reply #2 on: Jun 6, 2019
TY


mcabuhat

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Reply #3 on: Jun 6, 2019
You're welcome


James Bertrand

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Reply #4 on: Oct 18, 2022
Thank You


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