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Author Question: A lease requires semi-annual payments of $6100.00 for 7.5 years. If the first payment is due in 3 ... (Read 600 times)

james9437

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on: Jun 6, 2019

Question 1

What is the principal invested at 8% compounded semi-annually from which monthly withdrawals of $1000.00 can be made at the beginning of each month for 10 years but deferred for 3 years?

Question 2

A lease requires semi-annual payments of $6100.00 for 7.5 years. If the first payment is due in 3 years and interest is 9.72% compounded monthly, what is the cash value of the lease?
Contemporary Business Mathematics with Canadian Applications ¦ Hummelbrunner, Halliday, Coombs ¦ 11th Edition
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Marked as best answer by james9437 on Jun 6, 2019

xiaomengxian

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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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james9437

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Reply #2 on: Jun 6, 2019
Thanks


xiaomengxian

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Reply #3 on: Jun 6, 2019
Welcome :)


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