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1. Kathleen has a $560 loan payment due in five months. What amount of money should she be able to pay today if the interest
1. Kathleen has a $560 loan payment due in five months. What amount of money should she be able to pay today if the interest on 3 her loan is 3-% per annum? 4 3. What payment 174 days from now is equivalent to $5230 paid today? Assume that money is worth 5.25% per annum. 5. What amount paid on September 24 is equivalent to $1000 paid on the following December 1 if money can earn 5%
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