Question: can someone help 1. A firm has two simple loans : a. $130,000, due in 4 years, 10% p.a. compounded semiannually; b. $250,000, due in
can someone help
1. A firm has two simple loans : a. $130,000, due in 4 years, 10% p.a. compounded semiannually; b. $250,000, due in 6 years, 12.5% p.a. compounded quarterly. Bank agrees on a replacement of those payments by one payment of $70,000 in 3 years and the final payment in 10 years from now. What is the amount of the final payment if the current rate is 12%
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