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You owe $500.00 at 5 months and $700.00 at 15 months. You and your creditor agree you will make ONE cash settlement payment at 5
You owe $500.00 at 5 months and $700.00 at 15 months. You and your creditor agree you will make ONE cash settlement payment at 5 months, using a 12%(m ) rate. What is the Cash Settlement Amount? Round Final answer to the nearest penny/cent, Round Intermediate calculations to the nearest penny/cent, USE a dollar sign, USE a comma as a separator if and where "remember: if NO focal point is stated, the default focal point is the settlement point At the END of two consecutive investments you have $12,072.51 available. Investment ONE was 24 months at 8% (Q). Investment TWO was 6 months at 6% (m). What amount was originally invested to start investment one? How much interest was earned? You owe $500.00 at 5 months and $700.00 at 15 months. You and your creditor agree you will make ONE cash settlement payment at 5 months, using a 12%(m ) rate. What is the Cash Settlement Amount? Round Final answer to the nearest penny/cent, Round Intermediate calculations to the nearest penny/cent, USE a dollar sign, USE a comma as a separator if and where "remember: if NO focal point is stated, the default focal point is the settlement point At the END of two consecutive investments you have $12,072.51 available. Investment ONE was 24 months at 8% (Q). Investment TWO was 6 months at 6% (m). What amount was originally invested to start investment one? How much interest was earned
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