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Anonymous bio_man
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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.
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Anonymous AuthorAnonymous
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#1
A year ago
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Anonymous Author
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A year ago
Correct Slight Smile TY
homework1
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Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
MLynneMcMillan
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2 hours ago
This helped my grade so much Perfect
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