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Marina owes Chato the following amounts:

a. F55,000 at the end of 4 years,


b. 1*48,000 at the end of 5 years, and
c. f*75,000 due in 3 years from today at 9% converted
quarterly.

What single payment at the end of 2 years will settle Marina's


obligations if money is worth 15% converted monthly?

4. What two equal payments at the end of 2 years and 4 years will
replace the following obligations if money is worth 15%
compounded semi-annually:
a. F20,000 is due at the end of 3 years at 12% compounded
monthly, and
b. 戸 6,500 is due at the end of 5 years at 14% compounded
quarterly?

5. Mr. Roman borrowed F 150,000 due in 2 years at 13% :


compounded monthly and 戸 200,000 due in 3.5 years at 9% ;
compounded quarterly. He settled it by paying F50,000 at the ;
end of 1.5 years and an additional payment at the end of 4 ; years.
If money is worth 18% effective, what is the size of the \ additional
payment?

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