Question: Could Someone please help me with these two questions please, thank you !!! Problem 1. Find the accumulated and present value of payments of euro250

Could Someone please help me with these two questions please, thank you !!!

Problem 1. Find the accumulated and present value of payments of euro250 made at the beginning of each month for 5 years if money is worth 12% compounded quarterly.

Problem 2. John is repaying a debt with payments of e250 a month at the end of each month. The interest rate is 12% compounded monthly. If he misses his payments for July, August, September and October, what payment will be required in November to put him back on schedule?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!

Could Someone please help me with these two questions please, thank you !!! Problem 3. An ordinary annuity pays euro200 per month for two years, then euro300 per month for the next year, and then...

Could Someone please help me with these two questions please, thank you !!! Problem 5. A euro6000 loan is to be repaid at the end of 2.5 years. Interest charged is 10% compounded quarterly. The...

Can someone please help me with these two question asap? Thank you so much!! Use the following information for the next two questions. I Defender: Current salvage value = $8,000, decreasing at an...

Could someone please help me with these 6 questions? I have no clue!!!!! HELP What is the value in year 9 of a $1,600 cash flow made in year 6 if interest rates are 9 percent? Only round final answer...

can you please provide a correct answer to this questions please i posted it before and those are the answers i got. please help me find an answer to each of the problem. thank you Net Present Value...

can any expert help me with my accounting homework>?? Please help me with the following questions attached, thank you Brief Exercise 21-6 Assume that IBM leased equipment that was carried at a cost...

Can someone please help me answer the four questions on the first two pages? NA0274 Cavendish Cove Cottages Sean Hennessey, University of Prince Edward Island \"I just don't know if the asking price...

Do the following: Complete the Nike, Inc. Problem (page 879) in the textbook. You must use Microsoft Excel to complete this problem. Complete both questions (#1 and #2) listed on page 879. Make sure...

Please help me with the following questions attached, thank you Brief Exercise 21-6 Assume that IBM leased equipment that was carried at a cost of $182,000 to Sharon Swander Company. The term of the...

i already got an answer to this but it was in correct can someone please help me do this in proper format thank you so much! instructions Transactions Additional Information Lenny's Lawn Service,...

In your original post, discuss the following: What does VLSM stand for? Why is it used and what shortcomings does it help resolve on a network? Provide an example of VLSM, make sure to include IP...

Zebra Company has cash of $60,000, net accounts receivable of $135,000, and net sales of $1,080,000. Last years net accounts receivable were $100,000. Compute the following ratios (Note: Round to one...

Question 6 5 pts 2 7 8 . A _ _ bond has a face value of $ 1 , 0 0 0 and a price of $ 1 , 0 0 0 . b . discount d . zero couponO c , premium a . par value

On 1 March 2007 DB Limited issued R560 000 15% debentures at R98. The debentures were to be redeemed at par in four equal annual payments starting 28 February 2010. Required: Journalise the above...