What sum of money due at the end of 6 years is equivalent to $2,100 due at the e

Question

What sum of money due at the end of 6 years is equivalent to $2,100 due at the end of 10 years if the compound interest rate is 10 1/2%?

Your friend wants to pay off her two debts in a single payment. The first debt is $570 due in 8 months, and the second is $1,380 due 1 1/2in years. What will that single payment be if she wants to make it at the end of 1 year given a compound interest rate of 4.9%

What sum of money due at the end of 6 years is equivalent to $2,100 due at the end of 10 years if the compound interest rate is 10 1/2%?

Your friend wants to pay off her two debts in a single payment. The first debt is $570 due in 8 months, and the second is $1,380 due 1 1/2in years. What will that single payment be if she wants to make it at the end of 1 year given a compound interest rate of 4.9%

Your friend wants to pay off her two debts in a single payment. The first debt is $570 due in 8 months, and the second is $1,380 due 1 1/2in years. What will that single payment be if she wants to make it at the end of 1 year

Explanation / Answer

check answer here ->

http://pastebin.com/v9wXmnnP

Related Questions

Navigate

• Browse (All)
• Browse W
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.