FIN624_fcordero_week6

FIN624_fcordero_week6 - 2.1 1.009042 $4,957.30 400.00...

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Chapter 10 Problem 2 0.02 0.88 0.02 0.02 0 A $414,772.73 TBAL 0.1 0.88 0.09 0.09 0 B $82,954.55 TBAL C Because in step one it is taking into account the ECR and in step two it is not. Chapter 11 Problem 1 400.00 48,000.00 (60,000.00) 0.008333 . (12,000.00) 5,000.00 4955.2
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Unformatted text preview: 2.1 1.009042 $4,957.30 400.00 96,000.00 (40,000.00) 0.004167 . 36,000.00 1,000.00 120,000.00 (40,000.00) 0.008333 . 80,000.00 1,000.00 240,000.00 (60,000.00) 0.004167 . 180,000.00 5,000.00 4955.2 2.1 1.009042 $4,957.30...
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