This topic contains a solution. Click here to go to the answer

Author Question: A debt of $8125 due today is to be settled by three equal payments due three months from now, 18 ... (Read 65 times)

rlane42

  • Hero Member
  • *****
  • Posts: 594

Question 1

A note dated July 1, 2000, promises to pay $9000 with interest at 12.4% compounded quarterly on January 1, 2007. Find the proceeds from the sale of the note on July 1, 2002, if money is then worth 8.64% compounded semi-annually.

Question 2

A debt of $8125 due today is to be settled by three equal payments due three months from now, 18 months from now, and 39 months from now respectively. What is the size of the equal payments at 6.8% compounded quarterly?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by rlane42 on Jun 6, 2019

lorealeza77

  • Sr. Member
  • ****
  • Posts: 356
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




rlane42

  • Member
  • Posts: 594
Reply 2 on: Jun 6, 2019
:D TYSM


bulacsom

  • Member
  • Posts: 329
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Methicillin-resistant Staphylococcus aureus or MRSA was discovered in 1961 in the United Kingdom. It if often referred to as a superbug. MRSA infections cause more deaths in the United States every year than AIDS.

Methicilli ...
Did you know?

The human body produces and destroys 15 million blood cells every second.

Did you know?

In 2006, a generic antinausea drug named ondansetron was approved. It is used to stop nausea and vomiting associated with surgery, chemotherapy, and radiation therapy.

Did you know?

Adolescents often feel clumsy during puberty because during this time of development, their hands and feet grow faster than their arms and legs do. The body is therefore out of proportion. One out of five adolescents actually experiences growing pains during this period.

Did you know?

Vaccines prevent between 2.5 and 4 million deaths every year.

For a complete list of videos, visit our video library