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Question:
: pm Jashan: Kenny holds a note which promises to pay $ in four years. However, Kenny sells the note to Spencer six months later. If Spencer wishes to earn cq interest, how much should he purchase the note for from Kenny?
Rockefeller Engineering Inc. has an investment of $ earning ca due in years. Two years later they sell the investment to a broker. If the broker aims to earn ca how much should he purchase the investment for?
Franklyn purchases a $ plus ca note that will mature in two years. Eight months later, Franklyn sells the note to Benjamin. If Benjamin wishes to earn cm how much should he purchase the note for?
Lisa holds a note promising $ plus ca interest, due in two years. Six months later, she decides to sell it to Marcy for $ What rate of simple interest will Marcy earn?
Madison Medical Diagnostics Services has an investment of $ earning ca due in ten years. A broker purchases the investment for $ eight months before it is due. What rate of simple interest will the broker earn?
: pm Jashan: Frederick takes out a loan of $ at cm He will make a $ payment in three months, six months and nine months from today.
a How much will the final payment be if the debt is to be discharged one year from today?
b How much total interest will Frederick be charged?
Barbara takes out a loan of $ at cm She will make a $ payment in two months, four months and ten months from today.
a How much will the final payment be if the debt is to be discharged one year from today?
b How much total interest will Barbara be charged?
A loan of $ is taken out at ca and is to be repaid in three yearly payments of $ Determine the balance immediately after the third payment.
A loan of $ is taken out at cm and is to be repaid in five monthly payments of $ Determine the balance immediately after the fifth payment. i want to solve only even question its time value of money unit of business mathmatics
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