Payments of $2600, due 50 days ago, and $3100, due in 40 days, are to be replaced by payments of $3000 today and another payment in 30 days. What must the second payment be if the payee is to end up in an equivalent financial position? Money now earns 8.25%. 24 12 15 14 4300 3300 2719 2500

Seaview Inc. borrowed $142,000.00 at 4.4% compounded semi-annually. The loan is repaid by payments of $9700.00 due at the end of every six months. How many payments are needed and what will be the outstanding balance after 8 payments? 18 and $ 60.480 18 and $ 56.842 18 and $ 81,520 18 and $85.158