a debt of $2000 due in one year is to be repaid by a payment due...
Homework Answers
The equation for this cash flow in present value terms is given by
2000 (P/F, 4%, 1) = X (P/F, 4%, 2) + 1000 x (P/F, 4%, 3)
2000*(1.04)^-1 = X * (1.04)^-2 + 1000*(1.04)^-3
X = (2000*(1.04)^-1 - 1000*(1.04)^-3)/(1.04)^-2
= 1118.46
Hence payment due in two years is 1118.46
A debt of $6000 due four years from now and $6000 due nine years from now...
A debt of $6000 due four years from now and $6000 due nine years from now is to be repaid by a payment of $2100 in one year, a payment of $4200 in three years, and a final payment at the end of five years. If the interest rate is 2.1% compounded annually, how much is the final payment? The final payment should be $1 (Do not round until the final answer. Then round to the nearest cent as needed.)
a debt of $4,000 due five years from now and $4,000 due ten years from now...
a debt of $4,000 due five years from now and $4,000 due ten years from now is to be repaid by a payment of $2,000 in two years, a payment of $3,000 in four years, and a final payment at the end of six years. If the interest rate is 3% compounded annually, how much is the final payment?
QUESTION 4 You are given two loans, with each loan to be repaid by a single payment in the future. Each payment include...
QUESTION 4 You are given two loans, with each loan to be repaid by a single payment in the future. Each payment includes both principal and interest. The first loan is repaid by a 3000 payment at the end of four years. The interest is accrued at an annual nominal rate of discount equal to 5% compounded semiannually. The second loan is repaid by a 4000 payment at the end of five years. The interest is accrued at an annual...
Please show work 10. 8 If money is worth j 8%, what single replace $1000 due today plus a $2000 debt due at the end of...
Please show work
10. 8 If money is worth j 8%, what single replace $1000 due today plus a $2000 debt due at the end of 4 years with interest at 123% per annum compounded semi-annually? sum of money payable at the end of 2 years will equitably
10. 8 If money is worth j 8%, what single replace $1000 due today plus a $2000 debt due at the end of 4 years with interest at 123% per annum compounded...
A debt can be repaid by payments of $4000 today, $4000 in five years, and $3000...
A debt can be repaid by payments of $4000 today, $4000 in five years, and $3000 in six years. What single payment would settle the debt one year from now if money is worth 7% compounded semi annually?
A Debt of $600 aue in three years and $800 due in four years is to...
A Debt of $600 aue in three years and $800 due in four years is to be repaid by a single payment two years from now.if the interest rate is 8 % com pounded semiannually, now much is the payment?
Raul has to pay back a loan, a payment of $1000 is due today, $1000 in...
Raul has to pay back a loan, a payment of $1000 is due today, $1000 in 6 months and $2000 is due in 24 months. His lender offered him an options of one single payment of $5000 to settle the debt. Find the date if the interest is set at 6%p.a. compounded annually.
A loan charging 6% interest compounded semi-annually, was repaid in three installments in 1 year: one...
A loan charging 6% interest compounded semi-annually, was repaid in three installments in 1 year: one $300 payment after 6 months; one $500 payment after 8 months; and a final payment of $1200 at the end of the year. What was the value of the original loan?
Scheduled payment
Scheduled payments of $800 due two months ago and $1200 due in one month are to be repaid by a payment of $1000 today and the balance in three months. What is the amout of the final payment if interest is 7.75% and the focal date is one month from now?
How much principal is repaid in the first payment interval on a $100,000 25-year mortgage? The...
How much principal is repaid in the first payment interval on a $100,000 25-year mortgage? The mortgage is amortized over 25 years and the payments are monthly. The interest rate is 6% compounded semi-annually.
A debt of $6000 due four years from now and $6000 due nine years from now is to be repaid by a payment of $2100 in one year, a payment of $4200 in three years, and a final payment at the end of five years. If the interest rate is 2.1% compounded annually, how much is the final payment? The final payment should be $1 (Do not round until the final answer. Then round to the nearest cent as needed.)
QUESTION 4 You are given two loans, with each loan to be repaid by a single payment in the future. Each payment includes both principal and interest. The first loan is repaid by a 3000 payment at the end of four years. The interest is accrued at an annual nominal rate of discount equal to 5% compounded semiannually. The second loan is repaid by a 4000 payment at the end of five years. The interest is accrued at an annual...
Please show work
10. 8 If money is worth j 8%, what single replace $1000 due today plus a $2000 debt due at the end of 4 years with interest at 123% per annum compounded semi-annually? sum of money payable at the end of 2 years will equitably
10. 8 If money is worth j 8%, what single replace $1000 due today plus a $2000 debt due at the end of 4 years with interest at 123% per annum compounded...
A Debt of $600 aue in three years and $800 due in four years is to be repaid by a single payment two years from now.if the interest rate is 8 % com pounded semiannually, now much is the payment?
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