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2. Debt payments of $1850 and $1700 are due 5 months from now and 10 months from now respectively. What single payment is required to
2. Debt payments of $1850 and $1700 are due 5 months from now and 10 months from now respectively. What single payment is required to pay off the debt today if interested is 10% [6 marks] 3. A loan payment of $2550 was due 55 days ago and a payment of $2000 is due in 60 days. What single payment made 30 days from now is required to settle the two payments if interest is 16%. and the agreed focal date 30 days from now [6 marks) + A loan of $5000 dae in one year is to be repaid by three equal payments due today, 6 months from now and one year from now respectively. What is the size of the equal payments if interest is 14% and the agreed focal date is today? [10 marks] 5. Debts of $700 due 3 months ago and $1000 due today are to be paid by pvments of $800 in two months and a final payment in five months. If 15% interest is allowed and he focal date is 5 from now, what is the size of the final payment? [10 marks)
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