Scheduled payments of $732 due one year ago and $1476 due in six years are to be replaced by two equal payments. The first replacement payment is due in two years and the second payment is due in eight years. Determine the size of the two replacement payments if interest is 6.1% compounded quarterly and the focal date is two years from now. The size Of the two replacement payments is? Give typing answer with explanation and conclusion

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: 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: A payment of $1,930 is due in 55 days and another payment of $3,600 is due in 300 days. Calculate…

A: Given: A payment of $1930 is due in 55 days and another payment of $3600 is due in 300 days. So,…

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: A payment of $2,800 is due in 2 years and $3,500 is due in 4 years. These two original payments are…

A: The concept of TVM refers to the interest-earning capacity of money because of which the amount…

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: cheduled payments of $1,400 due today and $1,600 due with interest at 11.5% compounded annually in…

A: In this we have to calculate the present values of both options and equate them with payment.

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: A payment of $2,800 is due in 2 years and $3,500 is due in 4 years. These two original payments are…

A: Present ValuePresent Value (PV) of a future amount is value of that amount in current time period.…

Q: Two debts, the first of $600 due nine months ago and the second of $1700 borrowed one year ago for a…

A: Future value of a present value is the value of that amount after taking into account the time…

Q: Solve as soon as possible.

A: The concept of the time value of money states that money has an interest-earning capacity because of…

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: A payment of $1,930 is due in 55 days and another payment of $3,600 is due in 300 days. Calculate…

A: Present value of future amount With periodic interest rate (r), period (n) and future value (FV),…

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: 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: Two payments of $12,000 and & 3,400 are due in 1 year and 2 years, respectively. Calculate the two…

A: Discounting is a technique to compute present value (PV) of future cashflows by considering…

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: wo payments of $16,000 and $6,800 are due in 1 year and 2 years, respec alculate the two equal…

A: Present value of money would give the required money today that is equivalent to future payment to…

Q: Payment of $942 due 1 months ago and $439 due today are to be repaid by a payment of $400 one month…

A: Present value is the estimation of the current value of future cash value which is likely to be…

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: Dan borrowed $906.00 today and is to repay the loan in two equal payments. The first payment is in…

A: Let the equal instalment be = X Now the PV of both X should be equal to the loan amount PV =…

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…

Q: Scheduled payments of $721 due two years ago and $464 due in four years are to be replaced by two…

A: Two future payments are to be replaced by two equal payments. Timing of all the payments are known.…