1. Robert is expected to settle a loan on January 1st, 2018 by paying $8,000. What amount should she pay if she decides to settle it on April 30th, 2017 instead? The interest rate is 5.37% compounded...


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1. Robert is expected to settle a loan on January<br>1st, 2018 by paying $8,000. What amount<br>should she pay if she decides to settle it on April<br>30th, 2017 instead? The interest rate is 5.37%<br>compounded semi-annually. Round to the<br>nearest cent<br>

Extracted text: 1. Robert is expected to settle a loan on January 1st, 2018 by paying $8,000. What amount should she pay if she decides to settle it on April 30th, 2017 instead? The interest rate is 5.37% compounded semi-annually. Round to the nearest cent

Jun 10, 2022
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