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Please Solve these question. The Answers written in the boxes are wrong. Claire Findley should have made 2 payments of $693 each to Izumi Shimokawara.
Please Solve these question. The Answers written in the boxes are wrong.
Claire Findley should have made 2 payments of $693 each to Izumi Shimokawara. The first was due 60 days ago and the second was due 30 days ago. The two original scheduled payments are to be settled by two equal payments to be made today and 60 days from today respectively. If interest allowed in 10.80% and the agreed upon focal date is today, what is the size of the equal payments? (Do not include the $ sign in your answers.) 696.10255 - Chapter 7 - Equal Payments Find the equivalent replacement payments indicated for each of the following scheduled payments. Original scheduled payments = $2,126 due 24 days ago. Replacement payments = Three equal payments due today, in 39 days, and in 68 days. Focal Date = Today. Interest rate = 7.2% (Do not include the $ sign in your answer.) 2046.41Step by Step Solution
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