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How to find the outstanding balance by using retrospective method. Its mathematics of finance subject question. 2. FIND THE INDICATED OUTSTANDING BALANCE (PAYMENTS ARE ALL

How to find the outstanding balance by using retrospective method. Its mathematics of finance subject question.

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2. FIND THE INDICATED OUTSTANDING BALANCE (PAYMENTS ARE ALL EQUAL EXEPT THE FINAL PAYMENT Outstanding Principal Debt Debt Payment Interest Conversion Required Principal Payment Interval Rate Period . After: 1. $12000.00 $750.00 3 months 8% quarterly 1 6ch payment 2. $7800.00 $175.00 1 month 12% monthly 24ch payment 3. $21 000.00 $2000.00 6 months 9% semi-annually 1 0ch payment 4. $15 000.00 $800.00 3 months quarterty 12ch payment

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