Louis has an obligation to pay a sum of R7 000,00 four years from now. His creditor
Question:
Louis has an obligation to pay a sum of R7 000,00 four years from now. His creditor permits him to discharge the debt by paying R2 000,00 one year from now and a final payment of X three years from now. The interest rate charged on all amounts is 11% per year, compounded quarterly. This is represented by the following timeline with the debt above the line and the payments below the line: HY Opery The value of X is equal to A. R3 842,11 B. R4485,83 c. R3 795,40 D. R3 784,33 Hide/Show Time Remaining Part 4 of 9 - Question 9 of 16 A college has organised a conference. The presenters are arranged according to their fields of specialisation. Three presenters speak in Hall A, two presenters speak in Hall B and four presenters speak in Hall C. All presentations occur at different times. You have the opportunity to attend three presentations. If you decide to attend any two presentations in Hall C and one more in either Hall A or Hall B, in how many ways can this be done?
Smith and Roberson Business Law
ISBN: 978-0538473637
15th Edition
Authors: Richard A. Mann, Barry S. Roberts