A payment of $2,450 is due in 2 years and $3,300 is due in 4 years. These two original payments are to be rescheduled with a payment of $2,050 in 1 year and the balance in 3 years. Calculate the payment required in 3 years for the rescheduled option. Assume that money earns 5.75% compounded semi-annually. $0.00 Round to the nearest cent
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- A payment of $2,550 is due in 2 years and $3,200 is due in 4 years. These two original payments are to be rescheduled with a payment of $2,000 in 1 year and the balance in 3 years. Calculate the payment required in 3 years for the rescheduled option. Assume that money earns 4.5% compounded semi-annually.A payment of $2,500 is due in 2 years and $3,500 is due in 4 years. These two original payments are to be rescheduled with a payment of $2,050 in 1 year and the balance in 3 years. Calculate the payment required in 3 years for the rescheduled option. Assume that money earns 3.25% compounded monthly. Round to the nearest centA payment of $2,300 is due in 2 years and $3,900 is due in 4 years. These two original payments are to be rescheduled with a payment of $2,050 in 1 year and the balance in 3 years. Calculate the payment required in 3 years for the rescheduled option. Assume that money earns 4.5% compounded quarterly Please answer with explanation i will provide you positive response
- 1. A payment of $2,750 is due in 2 years and $3,100 is due in 4 years. These two original payments are to be rescheduled with a payment of $1,950 in 1 year and the balance in 3 years. Calculate the payment required in 3 years for the rescheduled option. Assume that money earns 5.25% compounded semi-annually. Kindly add all the decimals DO NOT ROUNDA payment of $16,000 is due in 1 year and $11,700 is due in 2 years. What two equal payments, one in 3 years and one in 4 years would replace these original payments? Assume that money earns 3.75% compounded quarterly. Use the focal date in 4 years. $0.00 Round to the nearest cent. A sala set costs P6,800 cash. A buyer pays P2,500 down-payment and the balance will be paid by equal monthly installment payments for 8 months with interest rate of 6% compounded monthly. Find: a. the monthly payments: b. construct an amortization schedule
- Scheduled payments of $434 due two years ago and S1096 due in five years are to be replaced by two equal payments. The first replacement payment is due in three years and the second payment is due in seven years. Determine the size of the two replacement payments if interest is 1.9% compounded quarterly and the focal date is three years from now. The size of the two replacement payments is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)An obligation can be settled by making a payment of $1,500 now and a final payment of $11,000 in seven years (Alternative 1) Alternatively, the obligation can be settled by payments of $1,000 at the end of every six months for six years (Alternative 2). Interest is 10% compounded semi-annually Compute the present value of each alternative and determine the preferred alterative according to the discounted cash flow criterion The present value of Alternative 1 is $ (Round to the nearest dollar as needed Round all intermediate values to six decimal places as needed.) The present value of Alternative 2 is $ (Round to the nearest dollar as needed Round all intermediate values to six decimal places as needed) i Therefore, the best alternative isQ)Scheduled payments of $274 due three years ago and $683 due in six years are to be replaced by two equal payments. The first replacement payment is due in two year and the second payment is due in eight years. Determine the size of the two replacement payments if interest is 1.8% compounded annually and the focal date is two year from now. The size of the two replacement payments is
- A N$1000 loan is repaid by annual payments of N$150, plus a smaller final payment. The first payment is made one year after the time of the loan and construct an amortization schedule and determine the size of the last payment interest rate=10% per annum time=3 years,Suppose that a loan of $80,000 is to be amortized by equal monthly Question 2. payments. If the interested rate is 10% compounded monthly, find the monthly payment re- quired to pay off the loan in 30 years.A payment of $23,000 is due today. What three equal payments, one in 2 years, one in 4 years, and one in 6 years, would replace the original payment? Assume that money earns 4.25% compounded semi-annually. $0.00 Round to the nearest cent