Answer Happy

Posted: **Mon Jul 11, 2022 12:03 pm**

: A Debt Of 5815 46 Is Repaid By Payments Of 1325 51 In 8 Months 1285 57 In 13 Months And A Final Payment In 32 Month 1 (10.14 KiB) Viewed 43 times

: A Debt Of 5815 46 Is Repaid By Payments Of 1325 51 In 8 Months 1285 57 In 13 Months And A Final Payment In 32 Month 2 (10.11 KiB) Viewed 43 times

: A Debt Of 5815 46 Is Repaid By Payments Of 1325 51 In 8 Months 1285 57 In 13 Months And A Final Payment In 32 Month 3 (14.07 KiB) Viewed 43 times

A debt of $5815.46 is repaid by payments of $1325.51 in 8 months, $1285.57 in 13 months, and a final payment in 32 months. If interest was 4% compounded quarterly, what was the amount of the final payment? The final payment is $. (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
A demand loan for $10.504.59 with interest at 7.6% compounded semi-annually is repaid after 8 years, 8 months. What is the amount of interest paid? The amount of interest is $. (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
What is the maturity value of a 4-year term deposit of $1359.37 at 6.8% compounded quarterly? How much interest did the deposit earn? The maturity value of the term deposit is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) The amount of interest earned is $. (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)