User Account

All Pages

Calculate the accumulated value of the loan

Assignment Help Mathematics
Reference no: EM131171746

Math question:

Cody received a loan of $45,750, 4 years ago. The interest rate charged on the loan was 4.92% compounded quarterly for the first 6 months, 5.10% compounded semi-annually for the next 2 years, and 5.88% compounded monthly thereafter.

a. Calculate the accumulated value of the loan at the end of the first 6 months.

b. Calculate the accumulated value of the loan at the end of the next 2 year period.

c.  Calculate the accumulated value of the loan today.

d. Calculate the amount of interest charged on this loan over the past 4 years.

Reference no: EM131171746

Questions Cloud

Aggregate demand shifts to the left when : Assume the MPC is 0.90. If the government increases spending by $400 billion and increases taxes by $400 billion simultaneously, then aggregate demand will: Aggregate demand shifts to the left when: A rightward shift in the aggregate supply curve sho..
Determine the total number of bytes necessary to transmit : Using UTF-16 encoding, determine the total number of bytes necessary to transmit the following sequence of Unicode characters (given in hexadecimal format): U+0031, U+0020, U+1000, U+0020, U+020000.
Making one payment today : Ashley wants to settle two outstanding loans of $1,300.00 due in 1 years and $5,300.00 due in 4 years, by making one payment today. If the interest rate is 5.95% compounded semi-annually, how much would Ashley have to pay?
How much money i make each month : How do I calculate how much money I make each month including income on the renovated - any down units + units that haven't been renovated yet.
Calculate the accumulated value of the loan : Cody received a loan of $45,750, 4 years ago. The interest rate charged on the loan was 4.92% compounded quarterly for the first 6 months, 5.10% compounded semi-annually for the next 2 years, and 5.88% compounded monthly thereafter. a. Calculate t..
Determine the range of each input and of the output : Representing all signals using regular binary code, calculate 16 + 15 and check whether the result is valid.
If gasoline taxes were significantly increased : If gasoline taxes were significantly increased in the United States, then. other taxes, such as income taxes, could be lowered. some of the government regulations that require automakers to produce more fuel-efficient cars would become unnecessary. i..
Construct the equation of a line : How do you construct the equation of a line if two points on the line are known? Explain the process you use.
Will the buyer succeed in recovering the excess : A shipbuilder had contracted to build a tanker for North Ocean Tankers. The contract was in US dollars and didn't contain any provisions for currency fluctuations. Will the buyer succeed in recovering the excess

Reviews

Write a Review

Mathematics Questions & Answers

  Questions on ferris wheel

Prepare a Flexible Budget Gator Divers is a company that provides diving services such as underwater ship repairs to clients in the Tampa Bay area.

  Logistic map

This assignment has two question related to maths. Questions are related to bifurcation cascade and logistic map.

  Finding the probability of cards

This assignment has questions related to probabiltiy.

  Systems of ode

Find all the xed points, and study their stability and Draw the phase portrait of the system, as well as the graphs of the solutions in all relevant cases.

  Derive the boolean expression

Derive the Boolean Expression and construct the switching circuit for the truth table stated

  System of equations

Evaluate which equations are under-identified, just-identified, and over-identified.

  Linear programming problem

Linear programming problem consisting of only two constraints with one objective function.

  Find the natural domain

Find the natural domain of the given functions.

  Introduction to numerical methods

Compute the coecients of the polynomials using the term recurrence relation.

  Chart of the topological manifold

De?nition of smoothness of functions on a smooth manifold is chart independent and hence geometric.

  Mathematics in computing

Questions related on mathematics in computing.

  Complex problems

Complex problems

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd