1) A Dining Set is listed for $550.00 less 20%, 10%, 8% a) What is the...

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1) A Dining Set is listed for $550.00 less 20%, 10%, 8% a) What is the net price? b) How much is the amount of discount allowed? c) What is the equivalent single rate of discount that was allowed? [30 points] 2) The ABC Company received a $959 invoice with terms 3/15, n/30. The firm could not pay the entire bill within ten days but sent a check for $400 within the first 15 days. What amount should be credited to the ABC Company. [10 points] 3) What rate of interest did you receive over a period of 80 days if your principal was $7000 and it has a maturity value of $7700? [10 Points] 4) A loan payment of $2100 was due 60 days ago and another payment of $2200 is due 45 days from now. What single payment 90 days from now will pay off the two obligation if interest is to be 11% and the agreed focal date is 90 days from now? [10 points] 5) A debt of $6020 is to be settled by two equal payments due today, and three years from now respectively. Determine the size of the equal payments if money is worth 9.73% and the agreed focal day is today. [10 points] 6) To what future value will a principal of $8000.00 amount in three years at 7.5% p.a.compounded: a) annually b) semi-annually c) quarterly d) monthly [20 points] 7) Fred started RSP plan for his kid on January 1, 2020, with a deposit of $1000. He added $2000 on January 1, 2021, and $3000 on January 1, 2022. What is the accumulated value of his RSP account on July 1, 2022, if interest is 10.55% compounded quarterly? [10 points] 1) A Dining Set is listed for $550.00 less 20%, 10%, 8% a) What is the net price? b) How much is the amount of discount allowed? c) What is the equivalent single rate of discount that was allowed? [30 points] 2) The ABC Company received a $959 invoice with terms 3/15, n/30. The firm could not pay the entire bill within ten days but sent a check for $400 within the first 15 days. What amount should be credited to the ABC Company. [10 points] 3) What rate of interest did you receive over a period of 80 days if your principal was $7000 and it has a maturity value of $7700? [10 Points] 4) A loan payment of $2100 was due 60 days ago and another payment of $2200 is due 45 days from now. What single payment 90 days from now will pay off the two obligation if interest is to be 11% and the agreed focal date is 90 days from now? [10 points] 5) A debt of $6020 is to be settled by two equal payments due today, and three years from now respectively. Determine the size of the equal payments if money is worth 9.73% and the agreed focal day is today. [10 points] 6) To what future value will a principal of $8000.00 amount in three years at 7.5% p.a.compounded: a) annually b) semi-annually c) quarterly d) monthly [20 points] 7) Fred started RSP plan for his kid on January 1, 2020, with a deposit of $1000. He added $2000 on January 1, 2021, and $3000 on January 1, 2022. What is the accumulated value of his RSP account on July 1, 2022, if interest is 10.55% compounded quarterly? [10 points]