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Author Question: A $5000.00 loan requires payments at the end of each quarter for five years. If the interest rate on ... (Read 644 times)

jerry coleman

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Question 1

What is the size of semi-annual deposits that will accumulate to $113 200.00 after 9.5 years at 6.5% compounded semi-annually?

Question 2

A $5000.00 loan requires payments at the end of each quarter for five years. If the interest rate on the loan is 8% compounded quarterly, calculate the size of each payment.


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Marked as best answer by jerry coleman on Jun 6, 2019

djpooyouma

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jerry coleman

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Reply 2 on: Jun 6, 2019
Gracias!


xiaomengxian

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Reply 3 on: Yesterday
Excellent

 

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