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Author Question: Keith took a loan of $20 000 to buy a car at an interest of 4% compounded quarterly, with no monthly ... (Read 106 times)

bobbie

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Question 1

Valeri invested $5000 at 9.25% compounded quarterly. After 18 months, the rate changed to 9.75% compounded semi-annually. What amount will Valeri have 3 years after the initial investment?
◦ $6754.33
◦ $6652.76
◦ $5735.12
◦ $6615.44
◦ $6578.31

Question 2

Keith took a loan of $20 000 to buy a car at an interest of 4% compounded quarterly, with no monthly payments. On first, second and third anniversary of the loan, he made payments of $5000. What payment on the fourth anniversary will eliminate the debt?


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Marked as best answer by bobbie on Jun 6, 2019

taylorsonier

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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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bobbie

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Reply 2 on: Jun 6, 2019
:D TYSM


deja

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Reply 3 on: Yesterday
Wow, this really help

 

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