A bank client has a debt of 12,425 pesos including interest to be paid in 12 months. The debtor receives unexpected sales flows and decides to advance the payment of his debt at this time for 6,649 pesos and negotiates to pay the rest in two years. What is the payment you will have to make to pay off your debt within 48 months? The conditions of the negotiation are: simple annual interest rate of 12.34% and that the focal date of 48 months is considered for resolution. options: 6603.78 7093.78 6595.78 7131.78
A bank client has a debt of 12,425 pesos including interest to be paid in 12 months. The debtor receives unexpected sales flows and decides to advance the payment of his debt at this time for 6,649 pesos and negotiates to pay the rest in two years. What is the payment you will have to make to pay off your debt within 48 months? The conditions of the negotiation are: simple annual interest rate of 12.34% and that the focal date of 48 months is considered for resolution. options: 6603.78 7093.78 6595.78 7131.78
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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8) A bank client has a debt of 12,425 pesos including interest to be paid in 12 months. The debtor receives unexpected sales flows and decides to advance the payment of his debt at this time for 6,649 pesos and negotiates to pay the rest in two years. What is the payment you will have to make to pay off your debt within 48 months? The conditions of the negotiation are: simple annual interest rate of 12.34% and that the focal date of 48 months is considered for resolution.
options:
6603.78
7093.78
6595.78
7131.78
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