do the task with excel and manually if possible.thx A fishing pond entrepreneur has a plan to build and needs money through a loan with a bank interest of 10%/year. Borrowed money now $1740, year 2 $ 1392 and in the fourth year $1950. A.)How much money must be paid if the payment is made in the 6th year. B.) How much money must be paid annually, if payments are made annually for 10 years
do the task with excel and manually if possible.thx A fishing pond entrepreneur has a plan to build and needs money through a loan with a bank interest of 10%/year. Borrowed money now $1740, year 2 $ 1392 and in the fourth year $1950. A.)How much money must be paid if the payment is made in the 6th year. B.) How much money must be paid annually, if payments are made annually for 10 years
Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
ChapterM: Time Value Of Money Module
Section: Chapter Questions
Problem 11RE: Samuel Ames owes 20,000 to a friend. He wants to know how much he would have to pay if he paid the...
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do the task with excel and manually if possible.thx
A fishing pond entrepreneur has a plan to build and needs money through a loan with a bank interest of 10%/year. Borrowed money now $1740, year 2 $ 1392 and in the fourth year $1950.
A.)How much money must be paid if the payment is made in the 6th year.
B.) How much money must be paid annually, if payments are made annually for 10 years
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