John owes Richard $2700 in 3 years and $3400 in 8 years from now. They decide that these amounts can be paid by 2 equal
Posted: Thu Apr 28, 2022 2:01 pm
John owes Richard $2700 in 3 years and $3400 in 8 years from
now. They decide that these amounts can be paid by 2 equal payments
, 5 years from now and 10 years from now respectively Calculate the
amount of each equal payment if interest is 15% compounded monthly
and the focal date is 5 years from now
now. They decide that these amounts can be paid by 2 equal payments
, 5 years from now and 10 years from now respectively Calculate the
amount of each equal payment if interest is 15% compounded monthly
and the focal date is 5 years from now