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Mathematics of Finance Question??? |
AdriAnne and Anna鈥檚 Auto Repair wants to add a new service bay. How much can they borrow at an annual rate of 7%, compounded quarterly, if the desired quarterly payment is $6100? Assume a loan period of 4.5 years. n = 4.5*4 = 18 |
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No one knows how to use their manners, whatever happened to a simple please and thank you. ...BATTERY MAY BE FRIED. TRY NEW BATERRY. IF NEW BATTERY DOESNT WORK, MAIN COMPUTER.MAYBE ALL FUSES AND RELAYS ...What's the question? (If you're asking someone to write the code for you, you probably won't have any luck - you have to do *some* of the work yourself.) ...Let v = 1/(1+i) where i is the interest rate per period. Here i=.07/4. The formula for the PV of the payments (per $) is (1-v^n)/i. Here n = 4.5 x 4 = 18. The annuity factor works out to 15.... here are some: ... OK, I'm people here in the Philippines. 1. Your DSL Plan 999 is a basic plan. You expect that your maximum speed will be 400 kbps (once happen in your lifetime), average speed of 256 kbps and... The link goes to the Survey Monkey home page, not to your survey. ...you can take a look at MagicJack!! ... |
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