Question

12.10 An automobile costs $500 due at the time of purchase plus twelve end-of-month payments of $2000 each. If the automobile
12.11 To finance her new business, Juanita borrowed $150,000 at 12% interest to be repard in lien equal year-end installments

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Answer #1

Hi,

I have solved three numerical questions for you.

I am sorry couldn't figure out the rest.

The last question which is 12.16. The statement is correct, you should go through the government bonds concept. - To calculate the price we need to calculat each flaws. of hond Pulseitel cash flow Year Discoustig fada (61) 0.943 PV 275.4DATE: 1 2.12 PAGE NO.: Weekly Interest rate - 18% - 0.346 or 0.35 Calculation محمولو of annual interest ware Elfedive annualInflation = (1+r) (1th) DATE: , adjunted rate = (1+012 (1+0.04 PAGE NO. : - Пол Осмон Ал, 10 ХАТЬ. 12.5 y en Cash flow PN Dis

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