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Listen A $2400 loan payment is due on March 31st andra $5100 loan payment is due on August 12th. These loan payments will not be
Listen A $2400 loan payment is due on March 31st andra $5100 loan payment is due on August 12th. These loan payments will not be made. Instead, there will be a single payment due on June 10th. What is the economically equivalent value of the single payment on June 10th? Assume a simple interest rate of 4.15% and that all dates given are within the same year. (In your rough work, it may be helpful to draw a timeline.) Paragraph 3 B I U A +v Lato (Recom... v 19px... v Ea S 5 0 Round answers to two decimal places. For full marks, all work must be shown. 04-00320CR1.exe A 50 Listen A $2400 loan payment is due on March 31st andra $5100 loan payment is due on August 12th. These loan payments will not be made. Instead, there will be a single payment due on June 10th. What is the economically equivalent value of the single payment on June 10th? Assume a simple interest rate of 4.15% and that all dates given are within the same year. (In your rough work, it may be helpful to draw a timeline.) Paragraph 3 B I U A +v Lato (Recom... v 19px... v Ea S 5 0 Round answers to two decimal places. For full marks, all work must be shown. 04-00320CR1.exe A 50
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