OA-2 Close Date: Sun, May 29,2022, 11:59 PM Question 6 of 7 Jacqueline had to make a payment of $2,400 in 11 months and
Posted: Thu May 19, 2022 7:11 am
- Oa 2 Close Date Sun May 29 2022 11 59 Pm Question 6 Of 7 Jacqueline Had To Make A Payment Of 2 400 In 11 Months And 1 (103.29 KiB) Viewed 38 times
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OA-2 Close Date: Sun, May 29,2022, 11:59 PM Question 6 of 7 Jacqueline had to make a payment of $2,400 in 11 months and $2,000 in 19 months, to a raw material supplier. What single payment in 4 months would settle both these payments? Assume a simple interest rate of 4.50% p.a. and use 4 months from now as the focal date. $9,912.58 (x Round to the nearest cent