SlideShare a Scribd company logo
1 of 1
Download to read offline
a loan of 4415$ borrowed today is to be repaid in three equal installments due in one and a half
years, four years, and five years, respectively. what is the size of the equal installments if money
is worth 9.2% compounded monthly?
The payments are each$?

More Related Content

More from Alexelectronic1

A statistics practitioner randomly sampled 10 observations and found.pdf
A statistics practitioner randomly sampled 10 observations and found.pdfA statistics practitioner randomly sampled 10 observations and found.pdf
A statistics practitioner randomly sampled 10 observations and found.pdfAlexelectronic1
 
A Snapshot in USA Today indicates that 51 of Americans say the aver.pdf
A Snapshot in USA Today indicates that 51 of Americans say the aver.pdfA Snapshot in USA Today indicates that 51 of Americans say the aver.pdf
A Snapshot in USA Today indicates that 51 of Americans say the aver.pdfAlexelectronic1
 
A small liberal arts college in the Northeast has 150 freshmen. Seve.pdf
A small liberal arts college in the Northeast has 150 freshmen. Seve.pdfA small liberal arts college in the Northeast has 150 freshmen. Seve.pdf
A small liberal arts college in the Northeast has 150 freshmen. Seve.pdfAlexelectronic1
 
A researcher wants to investigate whether people remember events tha.pdf
A researcher wants to investigate whether people remember events tha.pdfA researcher wants to investigate whether people remember events tha.pdf
A researcher wants to investigate whether people remember events tha.pdfAlexelectronic1
 
A region is characterized by numerous anticlines and synclines. Ther.pdf
A region is characterized by numerous anticlines and synclines. Ther.pdfA region is characterized by numerous anticlines and synclines. Ther.pdf
A region is characterized by numerous anticlines and synclines. Ther.pdfAlexelectronic1
 
A ra�z de la crisis financiera de 2007, la Reserva Federal utiliz� v.pdf
A ra�z de la crisis financiera de 2007, la Reserva Federal utiliz� v.pdfA ra�z de la crisis financiera de 2007, la Reserva Federal utiliz� v.pdf
A ra�z de la crisis financiera de 2007, la Reserva Federal utiliz� v.pdfAlexelectronic1
 
A faster reversal of low ECF volume and low blood pressure is affect.pdf
A faster reversal of low ECF volume and low blood pressure is affect.pdfA faster reversal of low ECF volume and low blood pressure is affect.pdf
A faster reversal of low ECF volume and low blood pressure is affect.pdfAlexelectronic1
 
A random sample of 4 observations was drawn from a normal population.pdf
A random sample of 4 observations was drawn from a normal population.pdfA random sample of 4 observations was drawn from a normal population.pdf
A random sample of 4 observations was drawn from a normal population.pdfAlexelectronic1
 
A fast food manager wants to be prepared to have enough of COIN chan.pdf
A fast food manager wants to be prepared to have enough of COIN chan.pdfA fast food manager wants to be prepared to have enough of COIN chan.pdf
A fast food manager wants to be prepared to have enough of COIN chan.pdfAlexelectronic1
 
A project has the following cash flowsThe discounting rate is 13.pdf
A project has the following cash flowsThe discounting rate is 13.pdfA project has the following cash flowsThe discounting rate is 13.pdf
A project has the following cash flowsThe discounting rate is 13.pdfAlexelectronic1
 
A project has the following cash flowsYear Cash Flow0 -29,600.pdf
A project has the following cash flowsYear Cash Flow0 -29,600.pdfA project has the following cash flowsYear Cash Flow0 -29,600.pdf
A project has the following cash flowsYear Cash Flow0 -29,600.pdfAlexelectronic1
 
A Programmable Calculator Design and implement a programmable calc.pdf
A Programmable Calculator Design and implement a programmable calc.pdfA Programmable Calculator Design and implement a programmable calc.pdf
A Programmable Calculator Design and implement a programmable calc.pdfAlexelectronic1
 
A dwarf stalk (D) is dominate to a tall stalk (d). What would be the.pdf
A dwarf stalk (D) is dominate to a tall stalk (d). What would be the.pdfA dwarf stalk (D) is dominate to a tall stalk (d). What would be the.pdf
A dwarf stalk (D) is dominate to a tall stalk (d). What would be the.pdfAlexelectronic1
 
A possible cause of the actual food cost percentage decrease is one .pdf
A possible cause of the actual food cost percentage decrease is one .pdfA possible cause of the actual food cost percentage decrease is one .pdf
A possible cause of the actual food cost percentage decrease is one .pdfAlexelectronic1
 
A population standard deviation is estimated to be 9. We would like .pdf
A population standard deviation is estimated to be 9. We would like .pdfA population standard deviation is estimated to be 9. We would like .pdf
A population standard deviation is estimated to be 9. We would like .pdfAlexelectronic1
 
a population of ground squirrels has two pheotypes for coat color l.pdf
a population of ground squirrels has two pheotypes for coat color l.pdfa population of ground squirrels has two pheotypes for coat color l.pdf
a population of ground squirrels has two pheotypes for coat color l.pdfAlexelectronic1
 
A poll was taken of 100 students at a commuter campus to find out ho.pdf
A poll was taken of 100 students at a commuter campus to find out ho.pdfA poll was taken of 100 students at a commuter campus to find out ho.pdf
A poll was taken of 100 students at a commuter campus to find out ho.pdfAlexelectronic1
 
A population has a mean of 300 and a standard deviation of 50. Suppo.pdf
A population has a mean of 300 and a standard deviation of 50. Suppo.pdfA population has a mean of 300 and a standard deviation of 50. Suppo.pdf
A population has a mean of 300 and a standard deviation of 50. Suppo.pdfAlexelectronic1
 
a polling company seeks the opinion of a focus group on their shoppi.pdf
a polling company seeks the opinion of a focus group on their shoppi.pdfa polling company seeks the opinion of a focus group on their shoppi.pdf
a polling company seeks the opinion of a focus group on their shoppi.pdfAlexelectronic1
 
A population is stratified into 5 strata; the sizes of the strata ar.pdf
A population is stratified into 5 strata; the sizes of the strata ar.pdfA population is stratified into 5 strata; the sizes of the strata ar.pdf
A population is stratified into 5 strata; the sizes of the strata ar.pdfAlexelectronic1
 

More from Alexelectronic1 (20)

A statistics practitioner randomly sampled 10 observations and found.pdf
A statistics practitioner randomly sampled 10 observations and found.pdfA statistics practitioner randomly sampled 10 observations and found.pdf
A statistics practitioner randomly sampled 10 observations and found.pdf
 
A Snapshot in USA Today indicates that 51 of Americans say the aver.pdf
A Snapshot in USA Today indicates that 51 of Americans say the aver.pdfA Snapshot in USA Today indicates that 51 of Americans say the aver.pdf
A Snapshot in USA Today indicates that 51 of Americans say the aver.pdf
 
A small liberal arts college in the Northeast has 150 freshmen. Seve.pdf
A small liberal arts college in the Northeast has 150 freshmen. Seve.pdfA small liberal arts college in the Northeast has 150 freshmen. Seve.pdf
A small liberal arts college in the Northeast has 150 freshmen. Seve.pdf
 
A researcher wants to investigate whether people remember events tha.pdf
A researcher wants to investigate whether people remember events tha.pdfA researcher wants to investigate whether people remember events tha.pdf
A researcher wants to investigate whether people remember events tha.pdf
 
A region is characterized by numerous anticlines and synclines. Ther.pdf
A region is characterized by numerous anticlines and synclines. Ther.pdfA region is characterized by numerous anticlines and synclines. Ther.pdf
A region is characterized by numerous anticlines and synclines. Ther.pdf
 
A ra�z de la crisis financiera de 2007, la Reserva Federal utiliz� v.pdf
A ra�z de la crisis financiera de 2007, la Reserva Federal utiliz� v.pdfA ra�z de la crisis financiera de 2007, la Reserva Federal utiliz� v.pdf
A ra�z de la crisis financiera de 2007, la Reserva Federal utiliz� v.pdf
 
A faster reversal of low ECF volume and low blood pressure is affect.pdf
A faster reversal of low ECF volume and low blood pressure is affect.pdfA faster reversal of low ECF volume and low blood pressure is affect.pdf
A faster reversal of low ECF volume and low blood pressure is affect.pdf
 
A random sample of 4 observations was drawn from a normal population.pdf
A random sample of 4 observations was drawn from a normal population.pdfA random sample of 4 observations was drawn from a normal population.pdf
A random sample of 4 observations was drawn from a normal population.pdf
 
A fast food manager wants to be prepared to have enough of COIN chan.pdf
A fast food manager wants to be prepared to have enough of COIN chan.pdfA fast food manager wants to be prepared to have enough of COIN chan.pdf
A fast food manager wants to be prepared to have enough of COIN chan.pdf
 
A project has the following cash flowsThe discounting rate is 13.pdf
A project has the following cash flowsThe discounting rate is 13.pdfA project has the following cash flowsThe discounting rate is 13.pdf
A project has the following cash flowsThe discounting rate is 13.pdf
 
A project has the following cash flowsYear Cash Flow0 -29,600.pdf
A project has the following cash flowsYear Cash Flow0 -29,600.pdfA project has the following cash flowsYear Cash Flow0 -29,600.pdf
A project has the following cash flowsYear Cash Flow0 -29,600.pdf
 
A Programmable Calculator Design and implement a programmable calc.pdf
A Programmable Calculator Design and implement a programmable calc.pdfA Programmable Calculator Design and implement a programmable calc.pdf
A Programmable Calculator Design and implement a programmable calc.pdf
 
A dwarf stalk (D) is dominate to a tall stalk (d). What would be the.pdf
A dwarf stalk (D) is dominate to a tall stalk (d). What would be the.pdfA dwarf stalk (D) is dominate to a tall stalk (d). What would be the.pdf
A dwarf stalk (D) is dominate to a tall stalk (d). What would be the.pdf
 
A possible cause of the actual food cost percentage decrease is one .pdf
A possible cause of the actual food cost percentage decrease is one .pdfA possible cause of the actual food cost percentage decrease is one .pdf
A possible cause of the actual food cost percentage decrease is one .pdf
 
A population standard deviation is estimated to be 9. We would like .pdf
A population standard deviation is estimated to be 9. We would like .pdfA population standard deviation is estimated to be 9. We would like .pdf
A population standard deviation is estimated to be 9. We would like .pdf
 
a population of ground squirrels has two pheotypes for coat color l.pdf
a population of ground squirrels has two pheotypes for coat color l.pdfa population of ground squirrels has two pheotypes for coat color l.pdf
a population of ground squirrels has two pheotypes for coat color l.pdf
 
A poll was taken of 100 students at a commuter campus to find out ho.pdf
A poll was taken of 100 students at a commuter campus to find out ho.pdfA poll was taken of 100 students at a commuter campus to find out ho.pdf
A poll was taken of 100 students at a commuter campus to find out ho.pdf
 
A population has a mean of 300 and a standard deviation of 50. Suppo.pdf
A population has a mean of 300 and a standard deviation of 50. Suppo.pdfA population has a mean of 300 and a standard deviation of 50. Suppo.pdf
A population has a mean of 300 and a standard deviation of 50. Suppo.pdf
 
a polling company seeks the opinion of a focus group on their shoppi.pdf
a polling company seeks the opinion of a focus group on their shoppi.pdfa polling company seeks the opinion of a focus group on their shoppi.pdf
a polling company seeks the opinion of a focus group on their shoppi.pdf
 
A population is stratified into 5 strata; the sizes of the strata ar.pdf
A population is stratified into 5 strata; the sizes of the strata ar.pdfA population is stratified into 5 strata; the sizes of the strata ar.pdf
A population is stratified into 5 strata; the sizes of the strata ar.pdf
 

Recently uploaded

POINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptx
POINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptxPOINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptx
POINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptxSayali Powar
 
Sanyam Choudhary Chemistry practical.pdf
Sanyam Choudhary Chemistry practical.pdfSanyam Choudhary Chemistry practical.pdf
Sanyam Choudhary Chemistry practical.pdfsanyamsingh5019
 
Solving Puzzles Benefits Everyone (English).pptx
Solving Puzzles Benefits Everyone (English).pptxSolving Puzzles Benefits Everyone (English).pptx
Solving Puzzles Benefits Everyone (English).pptxOH TEIK BIN
 
A Critique of the Proposed National Education Policy Reform
A Critique of the Proposed National Education Policy ReformA Critique of the Proposed National Education Policy Reform
A Critique of the Proposed National Education Policy ReformChameera Dedduwage
 
Paris 2024 Olympic Geographies - an activity
Paris 2024 Olympic Geographies - an activityParis 2024 Olympic Geographies - an activity
Paris 2024 Olympic Geographies - an activityGeoBlogs
 
mini mental status format.docx
mini    mental       status     format.docxmini    mental       status     format.docx
mini mental status format.docxPoojaSen20
 
Grant Readiness 101 TechSoup and Remy Consulting
Grant Readiness 101 TechSoup and Remy ConsultingGrant Readiness 101 TechSoup and Remy Consulting
Grant Readiness 101 TechSoup and Remy ConsultingTechSoup
 
Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...
Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...
Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...EduSkills OECD
 
Arihant handbook biology for class 11 .pdf
Arihant handbook biology for class 11 .pdfArihant handbook biology for class 11 .pdf
Arihant handbook biology for class 11 .pdfchloefrazer622
 
SOCIAL AND HISTORICAL CONTEXT - LFTVD.pptx
SOCIAL AND HISTORICAL CONTEXT - LFTVD.pptxSOCIAL AND HISTORICAL CONTEXT - LFTVD.pptx
SOCIAL AND HISTORICAL CONTEXT - LFTVD.pptxiammrhaywood
 
microwave assisted reaction. General introduction
microwave assisted reaction. General introductionmicrowave assisted reaction. General introduction
microwave assisted reaction. General introductionMaksud Ahmed
 
Hybridoma Technology ( Production , Purification , and Application )
Hybridoma Technology  ( Production , Purification , and Application  ) Hybridoma Technology  ( Production , Purification , and Application  )
Hybridoma Technology ( Production , Purification , and Application ) Sakshi Ghasle
 
BASLIQ CURRENT LOOKBOOK LOOKBOOK(1) (1).pdf
BASLIQ CURRENT LOOKBOOK  LOOKBOOK(1) (1).pdfBASLIQ CURRENT LOOKBOOK  LOOKBOOK(1) (1).pdf
BASLIQ CURRENT LOOKBOOK LOOKBOOK(1) (1).pdfSoniaTolstoy
 
Micromeritics - Fundamental and Derived Properties of Powders
Micromeritics - Fundamental and Derived Properties of PowdersMicromeritics - Fundamental and Derived Properties of Powders
Micromeritics - Fundamental and Derived Properties of PowdersChitralekhaTherkar
 
Presiding Officer Training module 2024 lok sabha elections
Presiding Officer Training module 2024 lok sabha electionsPresiding Officer Training module 2024 lok sabha elections
Presiding Officer Training module 2024 lok sabha electionsanshu789521
 
Software Engineering Methodologies (overview)
Software Engineering Methodologies (overview)Software Engineering Methodologies (overview)
Software Engineering Methodologies (overview)eniolaolutunde
 
Call Girls in Dwarka Mor Delhi Contact Us 9654467111
Call Girls in Dwarka Mor Delhi Contact Us 9654467111Call Girls in Dwarka Mor Delhi Contact Us 9654467111
Call Girls in Dwarka Mor Delhi Contact Us 9654467111Sapana Sha
 
How to Make a Pirate ship Primary Education.pptx
How to Make a Pirate ship Primary Education.pptxHow to Make a Pirate ship Primary Education.pptx
How to Make a Pirate ship Primary Education.pptxmanuelaromero2013
 

Recently uploaded (20)

POINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptx
POINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptxPOINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptx
POINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptx
 
Staff of Color (SOC) Retention Efforts DDSD
Staff of Color (SOC) Retention Efforts DDSDStaff of Color (SOC) Retention Efforts DDSD
Staff of Color (SOC) Retention Efforts DDSD
 
Sanyam Choudhary Chemistry practical.pdf
Sanyam Choudhary Chemistry practical.pdfSanyam Choudhary Chemistry practical.pdf
Sanyam Choudhary Chemistry practical.pdf
 
Solving Puzzles Benefits Everyone (English).pptx
Solving Puzzles Benefits Everyone (English).pptxSolving Puzzles Benefits Everyone (English).pptx
Solving Puzzles Benefits Everyone (English).pptx
 
A Critique of the Proposed National Education Policy Reform
A Critique of the Proposed National Education Policy ReformA Critique of the Proposed National Education Policy Reform
A Critique of the Proposed National Education Policy Reform
 
Paris 2024 Olympic Geographies - an activity
Paris 2024 Olympic Geographies - an activityParis 2024 Olympic Geographies - an activity
Paris 2024 Olympic Geographies - an activity
 
mini mental status format.docx
mini    mental       status     format.docxmini    mental       status     format.docx
mini mental status format.docx
 
Grant Readiness 101 TechSoup and Remy Consulting
Grant Readiness 101 TechSoup and Remy ConsultingGrant Readiness 101 TechSoup and Remy Consulting
Grant Readiness 101 TechSoup and Remy Consulting
 
Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...
Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...
Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...
 
Arihant handbook biology for class 11 .pdf
Arihant handbook biology for class 11 .pdfArihant handbook biology for class 11 .pdf
Arihant handbook biology for class 11 .pdf
 
SOCIAL AND HISTORICAL CONTEXT - LFTVD.pptx
SOCIAL AND HISTORICAL CONTEXT - LFTVD.pptxSOCIAL AND HISTORICAL CONTEXT - LFTVD.pptx
SOCIAL AND HISTORICAL CONTEXT - LFTVD.pptx
 
microwave assisted reaction. General introduction
microwave assisted reaction. General introductionmicrowave assisted reaction. General introduction
microwave assisted reaction. General introduction
 
Hybridoma Technology ( Production , Purification , and Application )
Hybridoma Technology  ( Production , Purification , and Application  ) Hybridoma Technology  ( Production , Purification , and Application  )
Hybridoma Technology ( Production , Purification , and Application )
 
BASLIQ CURRENT LOOKBOOK LOOKBOOK(1) (1).pdf
BASLIQ CURRENT LOOKBOOK  LOOKBOOK(1) (1).pdfBASLIQ CURRENT LOOKBOOK  LOOKBOOK(1) (1).pdf
BASLIQ CURRENT LOOKBOOK LOOKBOOK(1) (1).pdf
 
Micromeritics - Fundamental and Derived Properties of Powders
Micromeritics - Fundamental and Derived Properties of PowdersMicromeritics - Fundamental and Derived Properties of Powders
Micromeritics - Fundamental and Derived Properties of Powders
 
Presiding Officer Training module 2024 lok sabha elections
Presiding Officer Training module 2024 lok sabha electionsPresiding Officer Training module 2024 lok sabha elections
Presiding Officer Training module 2024 lok sabha elections
 
Software Engineering Methodologies (overview)
Software Engineering Methodologies (overview)Software Engineering Methodologies (overview)
Software Engineering Methodologies (overview)
 
Model Call Girl in Bikash Puri Delhi reach out to us at 🔝9953056974🔝
Model Call Girl in Bikash Puri  Delhi reach out to us at 🔝9953056974🔝Model Call Girl in Bikash Puri  Delhi reach out to us at 🔝9953056974🔝
Model Call Girl in Bikash Puri Delhi reach out to us at 🔝9953056974🔝
 
Call Girls in Dwarka Mor Delhi Contact Us 9654467111
Call Girls in Dwarka Mor Delhi Contact Us 9654467111Call Girls in Dwarka Mor Delhi Contact Us 9654467111
Call Girls in Dwarka Mor Delhi Contact Us 9654467111
 
How to Make a Pirate ship Primary Education.pptx
How to Make a Pirate ship Primary Education.pptxHow to Make a Pirate ship Primary Education.pptx
How to Make a Pirate ship Primary Education.pptx
 

Loan Installment Calculator: 9.2% Interest, 3 Payments over 5 Years

  • 1. a loan of 4415$ borrowed today is to be repaid in three equal installments due in one and a half years, four years, and five years, respectively. what is the size of the equal installments if money is worth 9.2% compounded monthly? The payments are each$?