What is the nominal value of interest compounded continuously for a period of 5 years of an equal payment series if the capital recovery factor is 0.2385787? (Answer must be a whole number and must be in %, Do not include "%" when entering your answer to the box.) Answer:

What is the nominal value of interest compounded continuously for a period of 5 years of an equal payment series if the capital recovery factor is 0.2385787? (Answer must be a whole number and must be in %, Do not include "%" when entering your answer to the box.) Answer:

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter13: Long-term Liabilities

Section: Chapter Questions

Problem 1EA: Halep Inc. borrowed $30,000 from Davis Bank and signed a 4-year note payable stating the interest...

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What is the nominal value of interest compounded continuously for a period of 5 years of an equal payment series if the capital recovery factor is 0.2385787? (Answer must be a whole number and
must be in %. Do not include "%" when entering your answer to the box.)
Answer:

A businessman borrowed P 200,000 and agrees to pay P 47,719.73 annually for "n" years at the rate of 6% compounded continuously. Find the value of n. (Round-off your answer to nearest whole
number)
Answer:

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