Assignment Detail

Tutors

What amount of money is equivalent to recieving

    Assignment Instructions

    Assignment Help >> Business Management

    1. What amount of money is equivalent to recieving 5000 two years from today. If interest is compounded quarterly at the rate of 2.5% per quarter?

    a. 4103.73

    b. 6092

    c. 4756

    d. 2632

    2. An amortization of a debt is in a form of a gradient series of P5000 on the first year, P4500 on the second year, P4000 on the third year, P3500 on the fourth year. What is the equivalent uniform periodic payment if interest is 5%?

    3. What sum must be loaned at 6% simple interest to earn $47 in 2 years.

    A. 52.8

    B. 392

    C. 426

    D. 470

    Need fresh solution to this Assignment without plagiarism?? Get Quote Now

    Expert Answer

    Asked by: Anonymous
    Plagiarism Checked
    Answer Rating:
    4.6/5

    Plagiarism free Answer files are strictly restricted for download to the student who originally posted this question.

    Related Assignments

    //
    Our customer support team is here to answer your questions. You can send Assignments directly to support team.
    👋 Hi, how can I help?