The CFO of the "Vitrales Barrocos" corporation must make different payments at different moments of...
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Accounting
The CFO of the "Vitrales Barrocos" corporation must make different payments at different moments of time during a period of 10 years to settle a debt acquired today t=0,
Note: Consider that all payments are positioned as of today t=0
A payment of $100,500 at the end of a year and a half. A payment of $240,000 at the end of three years. A payment of $560,000 at the end of four years and three months. A payment of $118,000 at the end of 10 years. If the financing rates are variable according to the following scheme:
The first three years 3% effective every six months (03) The following two years 1% effective quarterly (35) The following three years 10% annual effective (58) The last 2 years 0.5% effective monthly (810) Calculate the amount of debt that the CFO acquired today t=0 (Give answer with two decimal places). NO dollar sign and NO comma.
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