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A loan of $8000 taken out 2 years! ago is to be sepaid by installment due...
Loan payments of $1200 due one year ago and $2230 due in four years are to...
Loan payments of $1200 due one year ago and $2230 due in four years are to be replaced by two payments. The first replacement payment is due now and the second payment of $2500 is due in six years. Determine the size of the replacement payment if interest is 2.9% compounded monthly and the focal date is now.
Loan payments of S700 due three months ago and of S1000 due today are to be...
Loan payments of S700 due three months ago and of S1000 due today are to be paid by a payment of $800 in two months and a final payment in five months. 19% interest is allowed, and the focal date is five months from now, what is the amount of the final payment? The amount of each payment is $ (Round the final answer to the nearest cent as needed Round all intermediate values to six decimal places as needed)...
Scheduled payments of $336 due three years ago and $1063 due in four years are to...
Scheduled payments of $336 due three years ago and $1063 due in four years are to be replaced by two equal payments. The first replacement payment is due in two years and the second payment is due in nine years. Determine the size of the tw replacement payments if interest is 5.7% compounded semi-annually and the focal date is two years from now. The size of the two replacement payments is $ (Round the final answer to the nearest cent...
A loan of $23372337 borrowed today is to be repaid in three equal installments due in...
A loan of $23372337 borrowed today is to be repaid in three equal installments due in one-and-a-half years, three-and-a-half years, and six years, respectively. What is the size of the equal installments if money is worth 5.3 % compounded semi annually?
• 1) A new car is purchased and a $20,000 loan is taken. The loan is...
• 1) A new car is purchased and a $20,000 loan is taken. The loan is for 5 years (60 months) and the interest rate is 7.9% compounded monthly. What is the monthly payment? • 2)A new car is purchased and a $20,000 loan is taken. The loan is for 5 years (60 months) and the interest rate is 7.9% compounded monthly. What is the balance after 3 years? . 3) A new car is purchased and a $30,000 loan...
A loan of $4908 borrowed today is to be repaid in three equal installments due in...
A loan of $4908 borrowed today is to be repaid in three equal installments due in two years, three years, and five dash and dash a dash half years, respectively. What is the size of the equal installments if money is worth 9.6 % compounded monthly question mark
o Scheduled payments of $1469 due one year ago and $926 due in four years are...
o Scheduled payments of $1469 due one year ago and $926 due in four years are to be replaced by two equal payments. The first replacement payment is due in two years and the second payment is due in eight years. Determine the size of the two replacement payments if interest is 5.6% compounded quarterly and the focal date is two years from now. The size of the two replacement payments is $ (Round the final answer to the nearest...
15. A loan payment of $4200 was due 80 days ago, and another payment of $1800...
15. A loan payment of $4200 was due 80 days ago, and another payment of $1800 is due in 40 days from now. What single payment 70 days from now will pay off the two obligations if interest is to be 8% and the agreed focal date is 70 days from now? 16. When Danny borrowed $2400, he agreed to repay the loan in two equal payments, to be made 90 days and 130 days from the day the money...
A loan of $3550 borrowed today is to be repaid in three equal installments due in...
A loan of $3550 borrowed today is to be repaid in three equal installments due in two years ?,three-and-a-half years, five-and-a-half ?years, respectively. What is the size of the equal installments if money is worth 7.6 %compounded monthly?The payments are each $_____ ?(Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as? needed.)
13-19 odd please 13. A $10,000 loan is to be amortized for 10 years with quarterly...
13-19 odd please
13. A $10,000 loan is to be amortized for 10 years with quarterly payments of $334.27. If the interest rate is 6% compounded quarterly, what is the unpaid balance immediately after the sixth payment? 14. A debt of $8000 is to be amortized with 8 equal semi- annual payments of $1288.29. If the interest rate is 12% compounded semiannually, find the unpaid balance immediately after the fifth payment. 15. When Maria Acosta bought a car 2 years...
Loan payments of S700 due three months ago and of S1000 due today are to be paid by a payment of $800 in two months and a final payment in five months. 19% interest is allowed, and the focal date is five months from now, what is the amount of the final payment? The amount of each payment is $ (Round the final answer to the nearest cent as needed Round all intermediate values to six decimal places as needed)...
Scheduled payments of $336 due three years ago and $1063 due in four years are to be replaced by two equal payments. The first replacement payment is due in two years and the second payment is due in nine years. Determine the size of the tw replacement payments if interest is 5.7% compounded semi-annually and the focal date is two years from now. The size of the two replacement payments is $ (Round the final answer to the nearest cent...
• 1) A new car is purchased and a $20,000 loan is taken. The loan is for 5 years (60 months) and the interest rate is 7.9% compounded monthly. What is the monthly payment? • 2)A new car is purchased and a $20,000 loan is taken. The loan is for 5 years (60 months) and the interest rate is 7.9% compounded monthly. What is the balance after 3 years? . 3) A new car is purchased and a $30,000 loan...
o Scheduled payments of $1469 due one year ago and $926 due in four years are to be replaced by two equal payments. The first replacement payment is due in two years and the second payment is due in eight years. Determine the size of the two replacement payments if interest is 5.6% compounded quarterly and the focal date is two years from now. The size of the two replacement payments is $ (Round the final answer to the nearest...
15. A loan payment of $4200 was due 80 days ago, and another payment of $1800 is due in 40 days from now. What single payment 70 days from now will pay off the two obligations if interest is to be 8% and the agreed focal date is 70 days from now? 16. When Danny borrowed $2400, he agreed to repay the loan in two equal payments, to be made 90 days and 130 days from the day the money...
13-19 odd please
13. A $10,000 loan is to be amortized for 10 years with quarterly payments of $334.27. If the interest rate is 6% compounded quarterly, what is the unpaid balance immediately after the sixth payment? 14. A debt of $8000 is to be amortized with 8 equal semi- annual payments of $1288.29. If the interest rate is 12% compounded semiannually, find the unpaid balance immediately after the fifth payment. 15. When Maria Acosta bought a car 2 years...
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