document.write( "Question 1186810: Mr. P has a debt of Php5,000 due in five years is to be repaid. Php2,000 now and a second payment at
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document.write( "the end of 6 years. How much should the second payment be if the rate of interest is 6% compounded
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document.write( "quarterly? \n" );
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Algebra.Com's Answer #849316 by ikleyn(52787)![]() ![]() You can put this solution on YOUR website! . \n" ); document.write( "Mr. P has a debt of Php5,000 due in five years is to be repaid. Php2,000 now \n" ); document.write( "and a second payment at the end of 6 years. How much should the second payment be \n" ); document.write( "if the rate of interest is 6% compounded quarterly? \n" ); document.write( "~~~~~~~~~~~~~~~~~~~~~~~~~~~~~\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "This problem's formulation is \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "In the first sentence it says that the debt is due in 5 years.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Then in the second statement it tells that the second payment is at the end of 6 years, \n" ); document.write( "without any explanations, why it is in 6 years and not in 5.\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "I do not like when idiotic assignments are posted to the forum.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "So please refrain from posting idiotic tasks to this forum. Thanks.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Simply make an effort and check/read your post before submitting.\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |