Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. please explain this question in detail. thank you.

Please explain this question in detail. Thank you. OA-2 Close Date: Sun, May 29,2022,...

50.1K

Verified Solution

Question

Finance

image

Please explain this question in detail.

Thank you.

OA-2 Close Date: Sun, May 29,2022, 11:59 PM Question 6 of 7 Jacqueline had to make a payment of $2,400 in 11 months and $2,000 in 19 months, to a raw material supplier. What single payment in 4 months would settle both these payments? Assume a simple interest rate of 4.50% p.a. and use 4 months from now as the focal date. $9,912.58 (x Round to the nearest cent

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

1 point Find the line integral of F x y z x i y j...

Calculus
Q

3. A financial analyst recommends purchasing DUDDZ, Inc. at $24.49. The stock pays a $1.60 dividend...

Finance
Q

Answer the reason why the cellulose is resistance to chemical attack. ( i.e. chemical structure bonding...

Chemistry
Q

A 10-inch-thick concrete bearing wall of height 10’ is laterally supported at 20’. The wall is...

Civil Engineering
Q

Describe the mechanism and process of natural selection and how Darwin used it to explain the...

Biology
Q

Problem 12-02 AFN equation Broussard Skateboard's sales are expected to increase by 25% from $8.2 million in 2016...

Finance
Q

Which point lies on the line defined by (x,y,z) = (5, -1, 2) + t(1,2,-1)?

Geometry
Q

Solve -7.8=-2.6t.#18 it =Which statement shows the correct justification for the step used to solve...

Basic Math
Q

Match each function with its definition Drag and drop options on the right hand side...

Algebra
Q

, shoe Co. is concerned that its competitor, Footworks, is replicating one of its shoe...

Accounting
Q

Cosgrove Company manufactures two products, Product K-7 and Product L-15. Product L-15 is of fairly...

Accounting
Q

A pension fund manager is considering three mutual funds. The first is a stock fund,...

Finance