Question: JmSTC amount - TV0. TO Question 6 0 / 1 point You had an agreement to pay $3,000 in 12 months from now, $4,825 in

 JmSTC amount - TV0. TO Question 6 0 / 1 point

You had an agreement to pay $3,000 in 12 months from now,

JmSTC amount - TV0. TO Question 6 0 / 1 point You had an agreement to pay $3,000 in 12 months from now, $4,825 in 18 months from now, and $4,760 in 2.00 years from now. What single payment would pay off this debt in 18 months from now if money earns 9.8% compounded quarterly? Answer: 17,237.27 x (12,508.86) Hide question 6 feedback P/Y=C/Y=4 months = months1 - months2 years = months/12 N = years*4 Find PV if the amount is moved earlier; find FV if the amount is moved later in time. Answer = A1 + A2 + A3

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