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- A calendar quarter consists of: A. 12 weeks. B. 13 weeks. C. 4 months. D. 14 weeks.scheduled payments of 400$ due now and 700$ due in five months are to be settled by payment of 500$ in three months and final payment in 8 months. determine the amount of the final payment at 6% p.a, using 8 months from now as fhthe focal dateWhich of the following would indicate the BEST Average Collection Period? 30 days 20 days 25 days 15 days
- What is the forward rate from 13 months to 17 months? You observe two spot rates. The 17 month spot rate is 13.50%, while the 13 month spot rate is 11.60%. All rates in this question are quoted with semi-annual compounding.Please help answer this question.All rates in this question are quoted with semi-annual compounding. You observe two spot rates. The 23 month spot rate is 13.20%, while the 32 month spot rate is 14.90%. What is the forward rate from 23 months to 32 months? 19.31% 19.76% 19.24% 19.36%
- Determine the period of deferral of the following conditions. a. Annual payments of 8,000 for 12 years that will start 2 years from now. b. Quarterly payments of 5,000 for 8 years that will start 12 quarters from now. c. Monthly payments of 2,000 for 5 years that will start 14 months from now.If a sum of $3000 is borrowed for six months at 9 percent simple interest per year, what is the total amount due (principal and interest) at the end of six months? Yanıt:Determine the number of times interest is compounded in 1 year for the following interest statements: (a) 3% per quarter; (b) 1% per month; and (c) 8% per year compounded semiannually.
- 2. A financial obligation requires the payment of $250.00 in eighteen months, $350.00 in thirty months, and $300.00 in fifty-four months. When can the obligation be discharged by a single payment of $800.00 if interest is 5% compounded semi-annually?13. Trade credit terms of 2/10, net 90 are available. Calculate the cost of trade credit when payment is made on the net due date using the APR. Use a 360 day year.The interest earned on a $6000 investment was $240. What was the term in months if the interest rate was 6%? L A. 8 months B. 9 months C. 12 months D. 7 months E. 4 months