A debt payment of $8900 is due in 60 months. If money is worth 6.3% p.a....

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A debt payment of $8900 is due in 60 months. If money is worth 6.3% p.a. compounded semi-annually, find the equivalent payments at the times shown below. (a) now (b) in 30 months (c) in 60 months (d) in 90 months (a) The equivalent debt payment is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) (b) The equivalent debt payment is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) (c) The equivalent debt payment is $. (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) (d) The equivalent debt payment is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) Time Remaining: 01:31:58 Next A debt payment of $8900 is due in 60 months. If money is worth 6.3% p.a. compounded semi-annually, find the equivalent payments at the times shown below. (a) now (b) in 30 months (c) in 60 months (d) in 90 months (a) The equivalent debt payment is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) (b) The equivalent debt payment is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) (c) The equivalent debt payment is $. (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) (d) The equivalent debt payment is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) Time Remaining: 01:31:58 Next

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Heres how to find the equivalent debt payments for each time point Formula Present Value PV Future V... View the full answer