you have to make a payment of 156139 in 10 years, Financial Management

+44 141 628 6080
[email protected]

you have to make a payment of 156139 in 10 years

You have to make a payment of $1,561.39 in 10 years. To get the money for this payment, you will make 5 equivalent deposits, starting today and for the following 4 quarters, in a bank that pays a nominal interest rate of 14% with quarterly compounding. How large must every of the 5 payments be?

Request for Solution File

Ask an Expert for Answer!!

Financial Management: you have to make a payment of 156139 in 10 years

Reference No:- TGS0220643

Expected delivery within 24 Hours

Have a Question? (oR Write a Review)

Write atleast 100 words!!

Asked Questions

What was the type of incident and explain why

For the discussion post this week, you will read the below case study. Once you have read the case study, your discussion post needs to identify the following:

Identify the change william wants to make

Identify the change William wants to make which will impact the case plan. Nominate the process used to negotiate changes in the plan.

Which stage of social movement requires clear objectives

Which stage of a social movement requires the development of clear objectives, rules, tactics, and policies? Social unrest Popular excitement

Which term refers to the educational model that fostered

Which term refers to the educational model that fostered the view of American society as a "melting pot," in which the goal of education

Writing a paper on the devastating effects of a woman

I am writing a paper on the devastating effects of a woman not being allowed to get an education how do I start this paper. This is the prompt

Describe different dimensions of concept poverty

In your book, one scholar identified two different dimensions of her concept poverty. Which of the following dimensions of poverty was

Why biological diversity is declining most rapidly

Biological diversity is declining most rapidly in these U.S. states: Biological diversity is declining most rapidly in these U.S. states:

Request for Solution File

Ask an Expert for Answer!!

Financial Management: you have to make a payment of 156139 in 10 years

Reference No:- TGS0220643

Have a Question? (oR Write a Review)

Recent Questions Asked Financial Management

Q : dipole moment product of magnitude of charge on

Q : a 10l helium balloon at a pressure of two bar at

Q : relationship among current voltage

Q : your company is preparing to borrow 1750000 on a

Q : you have to make a payment of 156139 in 10 years

Q : simon corporations bonds have 12 years left over

Q : the project using the tools and techniques given

Q : one of the main strengths of the perl programming

Q : the actual risk-free rate is 4 inflation is