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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.
To solve out linear equations we will make heavy use of the following facts. 1. If a = b then a + c = b + c for any c. All it is saying that we can add number, c, to both sides
Calculate the introduction to Probability? Probability refers to the chance that an event will happen. Probability is presented as the ratio of the number of ways an event can
Consider the unary relational symbols P and L, and the binary relational symbol On, where P(a) and I(a) encode that a is a point and a (straight) line in the 2-dimensional space, r
at what price 6.25% rs 100 share be quoted when the money is worth 5%
what is the lcm of 4, 6 ,18?
450 students. if there are 50 more boys than girls, how many boys and girls are there?
Determine how many square centimeters of paper are needed to make a label on a cylindrical can 45 cm tall with a circular base having diameter of 20 cm. Leave answer in terms of π.
Question: Find Fourier series for the periodic function of period 2 π,defined by f(x) = x 4 , - π ≤ x ≤ π
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