### Make either payment as scheduled

Assignment Help Mathematics
##### Reference no: EM131171751

Shamrock Inc. was supposed to have received a payment of \$30,000, 4 years ago, and \$8,500, 2 years ago, from a customer who could not make either payment as scheduled. If the customer would like to settle both payments today, what amount would he have to pay Shamrock Inc. if interest of 4.80% compounded monthly is charged?

#### Questions Cloud

 Calculate the amount of profit : Explain how this leader in your firm can speculate on the belief that the euro will be \$1.41 in 12 months.- Calculate the amount of profit that can be earned and the percentage return achieved. Increasing marginal volume for cost payers makes economic : Increasing marginal volume for cost payers makes economic sense if: Explain what measures you would take to protect staff : Describe the various roles that probation/parole officers can take on including probation/parole officer roles as agency models, agents of rehabilitation, broker/advocate agents, and probation/parole officers as law enforcement agents. The marginal revenue product : The marginal revenue product is: Make either payment as scheduled : Shamrock Inc. was supposed to have received a payment of \$30,000, 4 years ago, and \$8,500, 2 years ago, from a customer who could not make either payment as scheduled. 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.

### Write a Review

#### Estimate the population in 1970 using the midpoint formula

The population of the US was 151 millions in 1950 and 179 millions in 1960. Estimate the population in 1970 using the midpoint formula.

#### Major challenges and problems

What major challenges and problems do you face in your company as an operation manager? How do you handle them?

#### Modeled with an exponential function

Assume the initial value of a car is \$18,000 and that the car's value depreciates. The value of the car can be modeled with an exponential function, V = Iekt, where V is the value of the car at year t, I is the initial value of the car, and k is a..

#### Do a and b have the same singular values

Suppose A is an m×n matrix and B is the n×m matrix obtained by rotating A ninety degrees clockwise on paper ( not exactly a standard mathematical transformation!). Do A and B have the same singular values? Prove that the answer is yes or give a co..

#### Find the angle of inclination of the string with vertical

A string of length 1m is fixed at one end and a mass of 100gm is attached at the other end. The string makes 2/π rev/sec around a vertical axis through the fixed point. Find the angle of inclination of the string with the vertical.

#### Find the inverse function

In indicate which of the functions in the referenced exercise are one-to-one correspondences. For each function that is a one-to-one correspondence, find the inverse function.

#### In random sample of 60 computers mean repair costnbsp is

1. in a random sample of 60 computers the mean repair costnbsp is 150 with a standard deviation of 36. construct a 99

#### Expand or contract the expression

MTH-163 Precalculus I: Expand or contract the expression using the properties of logarithms. Find the exact value without using a calculator. If this is not possible, state why not.

#### Solve the initial value problem

Solve the initial value problem:  dy/dx + (2xy2)=0    y(2)=1/5

#### Which set is more variable

size of u.s. states. the total surface area (in square miles) for each of six selected Eastern states is listed here. Which set is more variable?

#### Find the standard deviation

the hights in inches of six trees in a nursery were 67,58,60,70,73, and 65. find the standard deviation and round your answer to two decimal places.

#### Internal and external environments

Write a 1,050- to 1,400-word paper in which you research two-three companies and do the following: Evaluate the internal and external environments of each company using an environmental scan.