Unformatted text preview: interest is 10% p.a. compounded semi-annually. 6) Calculate the present value of $12 500.00 due in two years and nine months if interest is 7.8% p.a. compounded semi-annually. 7) A loan of $2500.00 made today is to be repaid in three equal installments due in one year, two years, and four years respectively. What is the size of the equal installments if money is worth 8.4% compounded monthly? 8) A debt can be repaid by payments of $4125.00 today, $3770.00 in two years and $5600.00 in five years. What single payment would settle the debt three years from now if money is worth 9.88% p.a. compounded quarterly? 9) Find the present value and the compound discount of $6 600.00 due in seven years, three months, if interest is 7.2% compounded quarterly. 10) A $5000.00, six-year note bearing interest at 8.24% compounded quarterly, discounted three and a half years after the date of issue at 6.6% compounded monthly. Find the proceeds....
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- Winter '15