Recent Posts • Latest Topics • Unanswered Questions

Four years ago John borrowed $3000 from Arlette. The principal with interest at 10% compounded ...

salonijainnn

wrote...

Go to Answer

Posts: 144

Rep:

A year ago

Four years ago John borrowed $3000 from Arlette. The principal with interest at 10% compounded ...

Four years ago John borrowed $3000 from Arlette. The principal with interest at 10% compounded semiannually is to be repaid six years from the date of the loan. Fifteen months ago, John borrowed another $1500 for 3½ years at 9% compounded quarterly. John is now proposing to settle both debts with two equal payments to be made 2 and 3½ years from now. What should the payments be if money now earns 8% compounded quarterly?

Textbook

Business Mathematics in Canada

Edition: 11^th

Authors: Jerome, Worswick

Read 51 times

1 Reply

Report

Replies

Answer verified by a subject expert

hadu582

wrote...

Posts: 129

Rep:

A year ago

More solutions for this book are available here

Report

Related Topics

salonijainnn Author

wrote...

A year ago

This site is awesome

husne

wrote...

Yesterday

Brilliant ツ

Jose^2

wrote...

2 hours ago

Thanks

New Topic

Quick Reply

Explore

Post your homework questions and get free online help from our incredible volunteers

884 People Browsing

104 Signed Up Today

Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook

Live Chat

Related Images

1278

281

673

Your Opinion

Previous poll results: Do you believe in global warming?

Bonobos, Chimpanzees, and the 98% DNA Link

It's sore throat season, why does my mucus have red spots?

Strange Ingredients Lurking in Doritos Chips

The Toxic Skin and Fungi Defense

Courses by Biology Forums

Ready to ask a question on Biology Forums? Try it out

Join Our Community

Biology Forums - Study Force is a free online homework help service catered towards college and high school students. Get homework help and answers to your toughest questions in biology, chemistry, physics, mathematics, engineering, accounting, business, humanities, and more. Master your assignments quickly with thousands of step-by-step solutions to countless textbook questions asked and answered by our members. If we don't have your question, don't worry. You can ask any homework question and get expert homework help in as little as two hours.

Our extensive online study community is made up of college and high school students, teachers, professors, parents and subject enthusiasts who contribute to our vast collection of study resources: textbook solutions, study guides, practice tests, practice problems, lecture notes, equation sheets and more. With our help, your homework will never be the same!

Join for free today

How is Biology Forums - Study Force different than tutoring?

Home Search Q & A Board Gallery Resource Library Blog Dictionary Chat	Quick Links Start a Topic Latest Topics Unanswered Questions Courses Study Tools Browse by Textbook	Social Facebook YouTube Community Stats Who's Online Trending Staff	Help About Us Take the Tour Study Tips Posting Guidelines Terms and Policies Contact Us
Biology Forums - Study Force © 2010-2024 \| Powered by SMF \| SMF © 2015, Simple Machines \| Sitemap Biology-Forums.com is not affiliated with any publisher. Book covers, title and author names appear for reference only.