Top Posters
Since Sunday
r
4
L
4
3
d
3
M
3
l
3
V
3
s
3
d
3
a
3
g
3
j
3
Home Q & A Board Science-Related Homework Help Mathematics
New Topic  
Anonymous bio_man
wrote...
Go to Answer
A year ago
A debt payment of $7500 is due in 24 months. If money is worth 7.2% p.a. compounded quarterly, find the equivalent payments at the times shown below.

(a) now
(b) in 12 months
(c) in 24 months
(d) in 36 months
 
Determine the value of the nominal annual rate of interest, j.

Determine the number of compounding (conversion) periods per year, m.
Read 157 times
1 Reply
Replies
Answer verified by a subject expert
Anonymous AuthorAnonymous
wrote...
#1
A year ago
Sign in or Sign up in seconds to unlock everything for free
1

Related Topics

Anonymous Author
wrote...

A year ago
Just got PERFECT on my quiz
oscar520000
wrote...

Yesterday
Thanks for your help!!
big_larry_samp
wrote...

2 hours ago
This helped my grade so much Perfect
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1608 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 424
  
 303
  
 326
Your Opinion
Who's your favorite biologist?
Votes: 608
Previous poll results: What's your favorite funny biology word?