Please no written by hand solution The new air conditioning equipment you want to buy for storage area can be bought by giving 32 000 TL at the beginning and paying monthly payments of 1 800 IL for 18 months. If the monthly interest is 1.8 %, calculate the present value and the total amount to be paid (future value) for this equipment. (32 is the last two digits of your number if smaller than 50, or half of the number if greater than 50.)
Please no written by hand solution The new air conditioning equipment you want to buy for storage area can be bought by giving 32 000 TL at the beginning and paying monthly payments of 1 800 IL for 18 months. If the monthly interest is 1.8 %, calculate the present value and the total amount to be paid (future value) for this equipment. (32 is the last two digits of your number if smaller than 50, or half of the number if greater than 50.)
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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The new air conditioning equipment you want to buy for storage area can be bought by giving 32 000 TL at the beginning and paying monthly payments of 1 800 IL for 18 months. If the monthly interest is 1.8 %, calculate the
Transcribed Image Text:2.
The new air conditioning equipment you want to buy for storage area can be bought by giving ??
000 TL at the beginning and paying monthly payments of 1 800 TL for 18 months. If the monthly
interest is 1.8 %, calculate the present value and the total amount to be paid (future value) for this
equipment. (?? is the last two digits of your number if smaller than 50, or half of the number if
greater than 50.)
List down in detail the items which make in the total product
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