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[pic 1][pic 2][pic 3][pic 4][pic 5]The question has error, it should be compound annually not monthly, the answer should be 1000 x [(1.045^9-1)/0.045]x 1.045^12= 18319.10[pic 6]3072 x (1.004)^72=4094.9493 then minus 3072 and then minus 3072*4.8%*6 (simple interest) [pic 7]4.9% p.a. compounded quarterly = 0.01225   PV = 9736[(1.01225)^-16 + (1.01225)^-32 + (1.01225)^-48 + (1.01225)^-64] [pic 8]use the annuity due formula[pic 9]Let x be the monthly payment, r=0.09/12=0.007555000*1.0075^68= x[(1.0075^60 -1/0.0075)*1.0075] or there are another way using Geometric  progression 55000*1.0075^68=x[1.0075^60+1.0075^59+..+1.0075^0]

[pic 10][pic 11][pic 12]Just remember, 2×2 identity matrix is [1 0], then calculating, row is 行 column is 列                               0 1[pic 13]Quite simple question,identity formula: present value of annuity due, let x be the each payment, then x(1-(1+0.096/12)^-60/0.096/12)(1+0.096/12)=22657[pic 14]Just use future value of annuity formula. r=0.051/26[pic 15]Use the present value of annuity, let x be the payment periodically, n=36[pic 16][pic 17]We can use 8C5*5C3 or 8C5*5C2 , will get same answer 560

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“Econ 1202” EssaysForStudent.com. 09 2016. 2016. 09 2016 < "Econ 1202." EssaysForStudent.com. EssaysForStudent.com, 09 2016. Web. 09 2016. < "Econ 1202." EssaysForStudent.com. 09, 2016. Accessed 09, 2016. Essay Preview By: TWINKLE_ Submitted: September 2, 2016 Essay Length: 295 Words / 2 Pages Paper type: Course Note Views: 366 Report this essay Tweet Related Essays Econ 202 Principles of Contemporary Macroeconomics 1a) What is monopoly? According to the American Heritage dictionary, вЂ?monopoly’ is described as: i) a right granted by a government giving exclusive control over 3,124 Words  |  13 Pages Econ Help 1. Which one of the following cannot be the argument for using the export tariff? a. The export tariff will cause deadweight loss to a 431 Words  |  2 Pages Econ Prop The creation of the phone was a major breakthrough for the communications industry. Even though the phone had an enormous influence on the economy; 328 Words  |  2 Pages Personal Statement for Econ Major My interest in Economics and Management has been developed from my childhood. With the advantage that my father runs leisure and property businesses in Japan, 606 Words  |  3 Pages Comparing Thermo and Econ I. APPROACH AND HYPOTHESIS When examining the flow of energy and mass into and out of a reactor, one cannot help but notice how this 1,567 Words  |  7 Pages Get Access to 89,000+ Essays and Term Papers Join 209,000+ Other Students High Quality Essays and Documents Sign up © 2008–2020 EssaysForStudent.comFree Essays, Book Reports, Term Papers and Research Papers Essays Sign up Sign in Contact us Site Map Privacy Policy Terms of Service Facebook Twitter

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