Loan payments of $6000 due 100 days ago and $5000 due 45 days ago are to...
Loan payments of $6000 due 100 days ago and $5000 due 45 days ago are to be replaced by a payment of $5000 today and the balance 50 days from today. If the interest rate is 5% and the agreed focal date is 50 days from today, calculate the size of the final payment (Please draw a time line before doing the question)
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Loan payments of $6000 due 100 days ago and $5000 due 45 days
ago are to...
A loan payment of $1200 was due 50 days ago and another payment of $800 is...
A loan payment of $1200 was due 50 days ago and another payment of $800 is due 60 days from now. Question: What single payment 100 days from now will pay off the two loan obligations if interest is to be 7% and the "Focal Date" is 100 days from now. (Draw a time line before doing the question)..Please show your work...
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)...
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...
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.
A loan payment of $1700.00 was due 20 days ago and another payment of $900.00 is...
A loan payment of $1700.00 was due 20 days ago and another payment of $900.00 is due 70 days from now. What single payment 130 days from now will pay off the two obligations if interest is to be 9% and the agreed focal date is 130 days from now? The value of the payment is $. (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
Loan payments of $700 due three months ago and of $1000 due today are to be...
Loan payments of $700 due three months ago and of $1000 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 $0 (Round the final answer to the nearest cent as needed. Round all intermediate values to si decimal places as needed.)
ment stream consists of three payments:$1000 due today, $1500 due 70, days from A pay today,...
ment stream consists of three payments:$1000 due today, $1500 due 70, days from A pay today, and $2000 due 210 days from today what single payment, G0 days from today, is economi ically equivalent to the payment stream if money can be invested at a rate of З 5%? Payments of $1300 due five months ago and $1800 due three months from Now are to be replaced by a single payment at a focal date one month from Now. what...
7. In how many months will $5000 grow to $6000 at 9.5% p.a.? Part 2 Single...
7. In how many months will $5000 grow to $6000 at 9.5% p.a.? Part 2 Single Payment & Equated Payments 8. Sam owes Danny $500 due 3 months ago, $500 due today, and 1200 due in 10 months from today. After negotiating with Danny, Sam agrees to make a single payment in 8 months from today. Calculate the size of the single payment made in 8 months from today, if the money is worth 6% p.a. 9. Julie is supposed...
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...
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...
A loan payment of $1200 was due 50 days ago and another payment of $800 is due 60 days from now. Question: What single payment 100 days from now will pay off the two loan obligations if interest is to be 7% and the "Focal Date" is 100 days from now. (Draw a time line before doing the question)..Please show your work...
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)...
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...
Loan payments of $700 due three months ago and of $1000 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 $0 (Round the final answer to the nearest cent as needed. Round all intermediate values to si decimal places as needed.)
ment stream consists of three payments:$1000 due today, $1500 due 70, days from A pay today, and $2000 due 210 days from today what single payment, G0 days from today, is economi ically equivalent to the payment stream if money can be invested at a rate of З 5%? Payments of $1300 due five months ago and $1800 due three months from Now are to be replaced by a single payment at a focal date one month from Now. what...
7. In how many months will $5000 grow to $6000 at 9.5% p.a.? Part 2 Single Payment & Equated Payments 8. Sam owes Danny $500 due 3 months ago, $500 due today, and 1200 due in 10 months from today. After negotiating with Danny, Sam agrees to make a single payment in 8 months from today. Calculate the size of the single payment made in 8 months from today, if the money is worth 6% p.a. 9. Julie is supposed...
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...
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...
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