Question: Problems 12-16 refer to the table below. What is missing in Q12? You need also to figure out other missing clues to answer the problem
Problems 12-16 refer to the table below. What is missing in Q12? You need also to figure out other missing clues to answer the problem correctly.
| Principal | t | t (in ord yrs) | APR simple | d |
|
| $ 124,000.00 | 90 |
| 0.00% | 7.50% | (t in days) |
| $ 80,000.00 | 16 |
| 6.25% |
| (t in weeks) |
|
|
|
|
|
|
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| (a)MV | (b)$ Int or B | (c) D | (d) r* | r* (full yr) |
|
| $ 124,000.00 | Q12 | Q13 | Q14 |
|
|
|
| Q15 | Q16 | 6.37% |
|
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