cheduled payments of $1,400 due today and $1,600 due with interest at 11.5% compounded annually in five years are to be replaced by two equal payments. The first replacement payment is due in 18 months and the second payment is due in 4 years. Determine the size of the two replacement payments if interest is 11% compounded. Solve with a calculator please. quarterly.

Q: You are taking a $2000 loan. You will pay it back in four equal amounts, paid every six months…

A: The loan is repaying in four equal amounts semi annually starting in 3 years from now. Therefore the…

Q: You own the right to receive a sequence of payments. The first payment is $4000 and is received…

A: A stream of cash flows in perpetuity has been provided. The present value needs to be determined.…

Q: Debts of $850 due in six months, $700 due in sixteen months, and $1100 due in three years are to be…

A: Time value of money is a concept of interest consideration in a transaction. Present value is…

Q: Consider a loan of $7000 with an APR of 9% and a loan term of 10 years. Construct a table showing…

A: To open the "PMT function" window - MS-Excel --> Formulas --> Financials --> PMT. To open…

Q: Scheduled payments of $732 due one year ago and $1476 due in six years are to be replaced by two…

A: Two scheduled payments are to be replaced by two equal replacement payments. Quantum and timing of…

Q: Three payments are scheduled as follows: $1,500 is due today, $1,200 is due in five months, and…

A: The single payment of the amount due in different periods can be found by adding up all the payments…

Q: years. What single equivalent payment made today would replace the three original payments? Assume…

A: The time value of money recognizes the idea that the value of an amount of money today differs from…

Q: Six years from today you need $10,000. You plan to deposit $1,600 annually, with the first payment…

A: Future value=$10000Annual deposit=$1600Interest rate=7%Calculate last deposit.

Q: Two payments of $16,000 and $2,500 are due in 1 year and 2 years, respectively. Calculate the two…

A: Answer  Interest Yearly 10.5% Compound Quarterly Quarterly Interest Rate 10.5%/4   2.63%…

Q: Find the equivalent replacement payments for the following scheduled payments. Original Scheduled…

A: A financial concept known as the time value of money (TVM) contends that the same amount of money…

Q: machine selling for $10000 may be purchase by paying a $1000 deposit and the balance in equal…

A: in this problem we have to calculate present value FACTOR and from that we can get monthly payments.

Q: Six years from today you need $10,000. You plan to deposit $1,400 annually, with the first payment…

A: Future value represents the future worth of present cash flows. It is calculated by compounding the…

Q: Scheduled payments of $1439, $1453, and $1118 are due in one year, four years, and five years…

A: Schedule payment in 1 year = $1439Schedule payment in 4 years = $1453Schedule payment in 5 years =…

Q: Scheduled payments of $1402 due two years ago and $625 due in six years are to be replaced by two…

A: Payment 1 (P1) = $1402 due in 2 years Payment 2 (P2) = $625 due in 6 years Replacement payment 1…

Q: Six years from today you need $10,000. You plan to deposit $1,500 annually, with the first payment…

A: Solution:

Q: You plan to deposit $200 at the end of every six months for 8 years starting at the end of month 6.…

A: Answer: Calculation of the amount that will be available to withdraw at the end of year 15: The…

Q: A $1000 loan is being repaid in annual Installments of $100 at the end of every year. Assume 17%. a)…

A: A loan refers to a contract between two parties where money is forwarded in exchange for a promise…

Q: Find the equivalent replacement payments for the following scheduled payments. Original Scheduled…

A: The concept of the time value of money states that between the same amount available now and…

Q: Scheduled payments of $379, $1336, and $825 are due in one year, four-and-a-half years, and…

A: The concept of time value of money will be used here. As per the concept of time value of money the…

Q: A payment of $17,000 is due in 1 year and $11,000 is due in 2 years. What two equal payments, one in…

A: Given : Annual interest rate is 3.25% So quarterly interest rate = 3.25/4 = 0.8125% We assume two…

Q: sume that you can buy a $6,800 computer system in monthly installments for 4 years. The seller…

A: The assets are bought on the loan and these loans are paid by the monthly installments and these…

Q: cheduled payments of $1049, $1055, and $1459 are due in one year, three-and-a-half years, and five…

A: First, we need to determine the PV of each payment using the formula below:Then we need to take the…

Q: Payments of $657 and $1000 due 2 years ago and today respectively are to be replaced by two $1000…

A: The concept of TVM is used to compare the value of money at different times based on the interest…

Q: Scheduled payments of $825, $352, and $ 1045 are due in one year, four and a half years, and five…

A: The term equivalent payment considers the original amount along with the interest to date. The…

Q: The equivalent Tingle replacement payment is $ (Round the final answer to the nearest cent as…

A: First, we need to determine the PV of each payment using the formula below:Then we need to take the…

Q: cheduled payments of $503, $1303, and $975 are due in one-and-a-half years, three-and-a-half years,…

A: To calculate the equivalent single replacement payment, we need to find the present value of each of…

Q: Three payments are scheduled as follows: $1,500 is due today, $1,200 is due in five months, and…

A: The objective of the question is to find the equivalent single payment that would replace the three…