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Scheduled debt payments of $600 each are due three months and six months from now. If interest at 10% he's allowed, what single payment today
- Scheduled debt payments of $600 each are due three months and six months from now. If interest at 10% he's allowed, what single payment today is required to settle the two scheduled payments?
- A loan payment of $1000 was due 60 days ago, and another payment of $1200 is due 30 days from today. What single payment 90 days from now will pay off did two obligations if interest is to be 8% and the agreed focal date is 90 days from now?
- Jay was due to make loan payments of $500 four months ago, $800 today, and $400 in three months. He has agreed instead to make a single payment one month from now if money is worth 10.5% and the agreed focal date is one month from today, what is this size of replacement payment?
- Loan payments of $400 due 95 days ago and $700 due today are to be repaid by a payment of $600 thirty days from today and the balance in 125 days. If the money is worth 6% an agreed focal date is 125 days from today, what is the size of the final payment?
- Dan borrowed $1100 today and is to repay the loan in two equal payments, one in four months and one in six months. If increase is 8.5% on the long what is the size of equal payments if focal date off today issues?
- Ruben repaid $800, paying back two equal outstanding loans from seven months ago and five months ago. If interest is 11% on the loans, and the agreed focal date today, what is the size of equal payments borrowed?
- What is the maturity value of a five-year term deposit of $5000 at 3.5% compounded semi-annually? How much interest did the deposit earn?
- A loan for $5000 with interest at 7.75% compounded semi-annually is repaid after five years 10 months. What is the amount of interest paid?
- A debt of $8000 is payable in 7 years and 5 months. Determine the accumulated value of depth at 10.8% compounded annually.
- Determine m, I, and n for each of the following
- 7.4% compounded annually for eight years
- 5.5% compounded quarterly for nine years
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