Solved

What Payment, 174 Days from Now, Is Equivalent to $5230

Question 150

Short Answer

What payment, 174 days from now, is equivalent to $5230 paid today? Assume that money is worth 9.25% per annum.

Related Questions

Q145: Sheldrick Contracting owes Western Equipment $60,000 payable

Q146: Barkley's Bookeeper is accounting for a cheque

Q147: How much interest could you earn, over

Q148: What is the time interval (in months)

Q149: If $20,000 was invested 82 days ago

Q151: The interest rate on an $859.50 debt

Q152: A $25,000 investment earned 1.1% per month

Q153: How much interest would one earn over

Q154: What amount should be accepted as equivalent,

Q155: Umberto borrowed $7500 from Delores on November