Debt payments of $1610.00 due today, $725.00 due in 101 days and $670.00 due in 296 days respectively are to be combined into a single payment to be made 170 days from now. What is that single payment, if money is worth 9.5% p.a. and the agreed focal date is 170 days from now. Round to the nearest cent.

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A: Given information:Loan payment of $1,500 due 10 days ago,Loan payment of $900 due 50 days from…

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Q: Two scheduled debt payments of $388 each are due four months and ten months from now respectively.…

A: To find the single payment required to settle the two scheduled debt payments, we can use the…

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A: Step 1 An equated monthly installment (EMI) is a fixed monthly payment paid by a borrower to a…

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A: Loan amount = $4,100Rate = 4.3%Loan period = 7 years

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A: The objective of the question is to calculate the size of the quarterly payments, total amount paid…

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A: Two scheduled payments have to be replaced by two equal payments in a manner such that there is no…

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Q: A loan of $3100 is due in 6 years. If money is worth 3.2% compounded annually, find the equivalent…

A: Amount of Loan is $3100The worth of money is 3.2% compounded annuallyTo Find:Equivalent loan payment

Q: Krista borrowed $14,095. The loan is to be repaid by three equal payments due in 88, 169, and 252…

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A: Here,Payment 1 is $411.64 due today i.e Time 0Payment 2 is $610.44 due in 4 months i.e Time 4Payment…

Treasury Market

On-the-run securities are the most recently issued securities in the market depth and are therefore traded at some premium. The off-the-run securities are the ones issued just before the most recent ones. The on-the-run securities have a lower yield to the investor than the off-the-run securities.