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Five years ago a business borrowed $100,000 agreeing to repay the principal and all accumulated interest at 8% pa compounded quarterly, 8 years from the loan date. Two years after the first borrowing, the business approached the same lender for a second loan. The lender agreed to a loan of $200,000 to be repaid with all accumulated interest at 6%pa effective 10 years from the loan date. Today the borrower approaches the lender with a proposal to discharge BOTH loans by equal payments at the ends of years 1, 3 and 4 and a cash payment of $50,000 at the end of year 6 from the present. If money is worth 5.25% pa effective, determine the size of the proposed repayments.
using the g.e matrix, how can you turn an unattractive product to be attractive
27-81/3
Find the normalized differential equation which has {x, xex} as its fundamental set
Concrete to Abstract : Mathematics, like all human knowledge, grows out of our concrete experiences. Let us take the example of three-dimensional shapes. Think about how you came
Distance Traveled by Car - word problem: It takes a man 4 hours to reach a destination 1325 miles from his home. He drives to the airport at an average speed of 50 miles per h
Continuous Uniform Distribution Consider the interest earned on a bank deposit. Let X equal the value after the decimal point. (Assume no rounding off to the nearest paise.) Fo
Problem: A person has 3 units of money available for investment in a business opportunity that matures in 1 year. The opportunity is risky in that the return is either double o
project
tan[2x+pie/4]
Alexis needs to paint the four exterior walls of a large rectangular barn. the length of the barn is 80 feet the width is 50 feet and the height is 30 feet. The pain costs 28 dolla
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