simple interest, Mathematics

Assignment Help:
Three payments of $2000 (originally due six months ago, today, and six months from now) have been renegotiated to two payments: $3000 one month from now and a second payment due in four months. What must the second payment be for the replacement payments to be equivalent to the originally scheduled payments? Assume that money can earn an interest rate of 4%. Choose a focal date four months from now.

Related Discussions:- simple interest

Characteristics of time series, Characteristics of Time Series Time se...

Characteristics of Time Series Time series has the given characteristics. a) A long term trend (T) -tendency of the whole series to fall and rise. b) Seasonal variati

Triangles, if triangle abc is similar to def and ab/de=3/4 find the ratio a...

if triangle abc is similar to def and ab/de=3/4 find the ratio af their perimeter and area

Common graphs, Common Graphs : In this section we introduce common graph o...

Common Graphs : In this section we introduce common graph of many of the basic functions. They all are given below as a form of example Example   Graph y = - 2/5 x + 3 .

Activity on Node, schedulling problem with variability in task times

schedulling problem with variability in task times

Find the initial number of balls, Balls are arranged in rows to form an equ...

Balls are arranged in rows to form an equilateral triangle .The first row consists of one ball, the second two balls and so on.   If 669 more balls are added, then all the balls ca

Truth criteria-nature of mathematics, Truth Criteria :  Consider the follo...

Truth Criteria :  Consider the following statements: i) Peahens (i.e., female peacocks) lay eggs around September. ii) Water boils at 100°C. iii) 5 divides 15 without lea

Ratios, the ratio of boys to girls in the sixth grade is 2:3 if there are ...

the ratio of boys to girls in the sixth grade is 2:3 if there are 24 boys, how many are girls?

Squeeze theorem (sandwich theorem and the pinching theorem), Squeeze Theore...

Squeeze Theorem (Sandwich Theorem and the Pinching Theorem) Assume that for all x on [a, b] (except possibly at x = c ) we have,                                 f ( x )≤ h (

Write Your Message!

Captcha
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!

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