A company must cancel a loan whose amount will have a value of $ 300,120.45 at the end of 6 years, if the company agrees to make semi-annual payments equal to 3.5% per annum effective. What will be the value of payment if you make the first one 18 months after the transaction?

A company must cancel a loan whose amount will have a value of $ 300,120.45 at the end of 6 years, if the company agrees to make semi-annual payments equal to 3.5% per annum effective. What will be the value of payment if you make the first one 18 months after the transaction?

EBK CONTEMPORARY FINANCIAL MANAGEMENT

14th Edition

ISBN:9781337514835

Author:MOYER

Publisher:MOYER

Chapter19: Lease And Intermediate-term Financing

Section: Chapter Questions

Problem 17P

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7. A company must cancel a loan whose amount will have a value of $ 300,120.45 at the end of 6 years, if the company agrees to make semi-annual payments equal to 3.5% per annum effective. What will be the value of payment if you make the first one 18 months after the transaction? $ 27,742.78 8. What amount would have to be invested at the end of each year for the next 8 years, at 4% convertible? semiannually to have $ 5,000 at the end of the term. $ 541.87

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