Item 7 Camcorder 8 9 Family Vacation Used Truck 10 Dining Rm Set 11 Office Equipment 12 Cruise Tickets Cash Price 640.00 4860.00 9774.00 3600.00 9480.00 5364.00 Down Payment Cash Amount 120 1400 1500 --- --- Percent --- --- 40% 15% 25% Down Payment (in dollars) Amount Financed

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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For problems 5-8, Calculate the interest and maturity value
Item
9
7
8 Family Vacation
Camcorder
Used Truck
10 Dining Rm Set
11 Office Equipment
12 Cruise Tickets
Cash Price
640.00
4860.00
9774.00
3600.00
9480.00
5364.00
Down Payment
Cash Amount
120
1400
1500
---
---
---
Percent
---
40%
15%
25%
Down Payment
(in dollars)
Amount
Financed
Transcribed Image Text:For problems 5-8, Calculate the interest and maturity value Item 9 7 8 Family Vacation Camcorder Used Truck 10 Dining Rm Set 11 Office Equipment 12 Cruise Tickets Cash Price 640.00 4860.00 9774.00 3600.00 9480.00 5364.00 Down Payment Cash Amount 120 1400 1500 --- --- --- Percent --- 40% 15% 25% Down Payment (in dollars) Amount Financed
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