Question $2$

A debt can be repaid by payments of $$1000\mathrm{.}00$ today, and $$3000\mathrm{.}00$ in two years. What single payment would settle the debt three years from now if money is worth $16\%$ p$.$a$.$ compounded semi$-$annually?

$P{V}_1=$$

$P{V}_2=5$

$n_2=$

$IV=$

$cr=$

$+=$

$n_1=$

$FV=PV(1+1{)}^n$

$F{V}_1=s$

$upto4$ decimal places

$F{V}_2=$$

up to $2$ decimal places

Single payment $E=F{V}_1+F{V}_2=5$

up to $2$ decimal places

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Bisnk $9$:

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