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1. Scheduled payments of $213, $267, and $813 are due in one dash and dash a dash half years, three dash and dash a dash
1. Scheduled payments of $213, $267, and $813 are due in one dash and dash a dash half years, three dash and dash a dash half years, and six years respectively. What is the equivalent single replacement payment three years from now if interest is 6.9 % compounded quarterly question mark
The equivalent single replacement payment is $
2.
What is the accumulated value of $400 invested for 19 years at 3.7% p.a. compounded
(a) annually?(b) semi-annually?(c) quarterly? (d) monthly?
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