Questions from Business Mathematics

Q: What payment 174 days from now is equivalent to $5230 paid

What payment 174 days from now is equivalent to $5230 paid today? Assume that money is worth 5.25% per annum.

Q: What amount should be accepted as equivalent 60 days before an obligation

What amount should be accepted as equivalent 60 days before an obligation of $1480 is due if money can earn 6 3 4 %?

Q: What amount paid on September 24 is equivalent to $1000 paid

What amount paid on September 24 is equivalent to $1000 paid on the following December 1 if money can earn 5%?

Q: What amount received on January 13 is equivalent to $1000 received

What amount received on January 13 is equivalent to $1000 received on the preceding August 12 if money can earn 9.5%?

Q: Rasheed wishes to postpone for 90 days the payment of $450

Rasheed wishes to postpone for 90 days the payment of $450 that he owes to Roxanne. If money now earns 2.75%, what amount can he reasonably expect to pay at the later date?

Q: Avril owes Value Furniture $1600, which is scheduled to be

Avril owes Value Furniture $1600, which is scheduled to be paid on August 15. Avril has surplus funds on June 15 and will settle the debt early if Value Furniture will make an adjustment reflecting th...

Q: Ruth-Ann has the option of paying $1936.53

Ruth-Ann has the option of paying $1936.53 today or $1975.00 100 days from today. What annual rate of return would money have to earn for the two options to be economically equivalent?

Q: Payments of $500 originally scheduled to be paid today and $

Payments of $500 originally scheduled to be paid today and $300 originally scheduled to be paid three months from today are to be replaced with a single payment six months from today. Calculate the co...

Q: Payments of $1300 due five months ago and $1800 due

Payments of $1300 due five months ago and $1800 due three months from now are to be replaced by a single payment at a focal date one month from now. What is the size of the replacement payment that wo...

Q: A college can purchase a telephone system for $35,000

A college can purchase a telephone system for $35,000 or lease a system for five years for a front-end charge of $3000 and regular payments of $1500 at the beginning of every quarter (including the fi...