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BrandyBraden BrandyBraden
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11 months ago
Payments of $2600, due 50 days ago, and $3100, due in 40 days, are to be replaced by payments of $3000 today and the balance due in 30 days. What must the second payment be if the payee is to end up in an equivalent financial position? Money now earns 8.25%. Use 30 days from now as the focal date.
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Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
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malgrextoutmalgrextout
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BrandyBraden Author
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11 months ago
Thanks for your help!!
branbran2k16
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Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
Alina01978
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2 hours ago
Thank you, thank you, thank you!
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