Suppose that the company "Mar del Sur" must acquire a machinery whose agreed cash value is $19,350,000 which could also be paid with a foot, and 3 bimonthly installments equal to the foot, paying an interest rate of 16.2% per annum with bimonthly capitalization. But, shortly before making the first bimonthly payment, a restructuring of the debt is negotiated with 2 payments: one at 3 months and the other at 6 months, from the moment of purchase, and it is also agreed that the second payment will be 25% higher than the first one. With this background it is requested:

A) Determine the value of the originally agreed payments.

B) Determine the value of the payments generated by the debt restructuring.

Answer rating: 100% (QA)

Question A originally agreed payments Sr no 1 2 3 bimonthly payme... View the full answer