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Author Question: A contract valued at $81 500.00 requires payment of $3350.00 at the beginning of every six months. ... (Read 73 times)

hbsimmons88

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on: Jun 6, 2019

Question 1

How much does a depositor have to save at the beginning of every three months for 13.25 years to accumulate $41 600.00 if interest is 8% compounded quarterly?

Question 2

A contract valued at $81 500.00 requires payment of $3350.00 at the beginning of every six months. If interest is 6.5% compounded semi-annually, what is the term of the contract?
Contemporary Business Mathematics with Canadian Applications ¦ Hummelbrunner, Halliday, Coombs ¦ 11th Edition
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Marked as best answer by hbsimmons88 on Jun 6, 2019

karmakat49

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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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hbsimmons88

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Reply #2 on: Jun 6, 2019
Excellent


karmakat49

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


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