Question: hiya can someone please help me with this question !!! thank you A used car sells for 5,000. We wish to pay for it in
hiya can someone please help me with this question !!!
thank you
A used car sells for 5,000. We wish to pay for it in 12 monthly instalments, the first due on the date of purchase. If 6% compounded monthly is charged, find the size of the monthly payments. (a) 326.10 (b) 275.86 (c) 442.77 (d) 428.19 A site is sold for 5,000 down and 6 semiannual payments of 2,000, the first due at the end of 2 years. Find the cash value of the site if money is worth 12% compounded quarterly. (a) 14,228.52 (b) 7,472.94 (c) 11,630.92 (d) 13,213.12
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