10 Jul We need to equate the total payments to the total obligations due at the end of year three. Debts The values of the R780 and R7 000 debts must be moved to the end of yea
We need to equate the total payments to the total obligations due at the end of year three. Debts The values of the R780 and R7 000 debts must be moved to the end of year three. For the R780 debt The future value is = P (1 + R) T S = 780 (1 + 0.11) 1 S = 865.80 For the R7 000 debt The value of the R7 000 debt at the end of year three is = P (1 + R) -T S = 7000 (1 + 0.11) -1 S = R6 306.31 Payments There are two payments, namely R1 300 at the end of year one and R x at the end of year three. For the R1 300 payment The future value isS = P (1 + R) T S = 1300 (1 + 0.11) 2 S = R1 601.73Total payments = Total obligations1601.73 + x = 865.80 + 6306.611601.73 + x = 7172.11 x = 7172.11 – 1601.73x = R5 570.38
We need to equate the total payments to the total obligations due at the end of yearthree. Debts The values of the R780 and R7 000 debts must be moved to the end of year three. For the R780 debt The future value is = P (1 + R) T S = 780 (1 + 0.11) 1 S = 865.80 For the R7 000 debt The value of the R7 000 debt at the end of year three is = P (1 + R) -T S = 7000 (1 + 0.11) -1 S = R6 306.31 Payments There are two payments, namely R1 300 at the end of year one and R x at the end ofyear three. For the R1 300 payment The future value isS = P (1 + R) T S = 1300 (1 + 0.11) 2 S = R1 601.73Total payments = Total obligations1601.73 + x = 865.80 + 6306.611601.73 + x = 7172.11 x = 7172.11 – 1601.73x = R5 570.38
Our website has a team of professional writers who can help you write any of your homework. They will write your papers from scratch. We also have a team of editors just to make sure all papers are of HIGH QUALITY & PLAGIARISM FREE. To make an Order you only need to click Ask A Question and we will direct you to our Order Page at WriteEdu. Then fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.
Fill in all the assignment paper details that are required in the order form with the standard information being the page count, deadline, academic level and type of paper. It is advisable to have this information at hand so that you can quickly fill in the necessary information needed in the form for the essay writer to be immediately assigned to your writing project. Make payment for the custom essay order to enable us to assign a suitable writer to your order. Payments are made through Paypal on a secured billing page. Finally, sit back and relax.
Do you need help with this question?
Get assignment help from WriteEdu.com Paper Writing Website and forget about your problems.
WriteEdu provides custom & cheap essay writing 100% original, plagiarism free essays, assignments & dissertations.
With an exceptional team of professional academic experts in a wide range of subjects, we can guarantee you an unrivaled quality of custom-written papers.
Chat with us today! We are always waiting to answer all your questions.