Question
A debtor owes $50,000 pesos due in 3 months and $182,500 pesos due in 7 months. It proposes paying your debt through two equal payments:
A debtor owes $50,000 pesos due in 3 months and $182,500 pesos due in 7 months. It proposes paying your debt through two equal payments: one due in 6 months and another in 9 months. It is required to know the value of the new payments if the imposed rate is 24% of simple annual return, considering month 6 as the focal date.
Draw a timing diagram.
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
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