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Author Question: A financial obligation requires payments of $2000.00 today, $2500.00 in three years, and $3000.00 in ... (Read 197 times)

krzymel

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on: Jun 6, 2019

Question 1

Janice owes two debt payments—a payment of $6700 due in twelve months and a payment of $8750 due in twenty-one months. If Janice makes a payment of $7000 now, when should she make a second payment of $7900 if money is worth 11.5% compounded semi-annually?

Question 2

A financial obligation requires payments of $2000.00 today, $2500.00 in three years, and $3000.00 in five years. When can the obligation be discharged by a single payment equal to the sum of the required payments if interest is 6%p.a. compounded monthly?
Contemporary Business Mathematics with Canadian Applications ¦ Hummelbrunner, Halliday, Coombs ¦ 11th Edition
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Marked as best answer by krzymel on Jun 6, 2019

tashiedavis420

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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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krzymel

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Reply #2 on: Jun 6, 2019
Excellent


tashiedavis420

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Reply #3 on: Jun 6, 2019
Great! Please up vote :D


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