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A loan is repaid by 60 monthly payments of 220 each. The interest paid in the first 12 payments is 1775.964. The principal repaid in
A loan is repaid by 60 monthly payments of 220 each. The interest paid in the first 12 payments is 1775.964. The principal repaid in the final 12 payments is 2315.86. Find i(12). Harry borrows 100,000 from Louis. Louis wants annual payments of interest at a rate of 10% and repayment of the principal in a single lump sum at the end of 20 years. In order to accumulate the principal, Harry uses a i% sinking fund. It is known that the net interest paid in the 10th payment is 7816.95. Find i. A 12% bond maturing in 5 years with semiannual coupons to yield 9% convertible semiannually is to be replaced by a 11.5% bond yielding the same return. In how many years should the new bond mature? (Both bonds have the same price, yield rate and face amount). A loan is repaid by 60 monthly payments of 220 each. The interest paid in the first 12 payments is 1775.964. The principal repaid in the final 12 payments is 2315.86. Find i(12). Harry borrows 100,000 from Louis. Louis wants annual payments of interest at a rate of 10% and repayment of the principal in a single lump sum at the end of 20 years. In order to accumulate the principal, Harry uses a i% sinking fund. It is known that the net interest paid in the 10th payment is 7816.95. Find i. A 12% bond maturing in 5 years with semiannual coupons to yield 9% convertible semiannually is to be replaced by a 11.5% bond yielding the same return. In how many years should the new bond mature? (Both bonds have the same price, yield rate and face amount)
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