IDNLearn.com: Where your questions meet expert answers and community support. Our platform is designed to provide accurate and comprehensive answers to any questions you may have.
Debts of $1000 due 90 days ago and $[/tex]1200 due in 120 days are to be repaid by a single payment made today. What equivalent payment, made today, will clear the debt if the loans carry a simple interest rate of 8% pa? Choose today as the focal date and include a well-labelled time diagram as part of your solution.
Sagot :
We appreciate every question and answer you provide. Keep engaging and finding the best solutions. This community is the perfect place to learn and grow together. IDNLearn.com provides the best answers to your questions. Thank you for visiting, and come back soon for more helpful information.