Question:5) A debt of $5000.00 is to be repaid by payments of $2000.00
after two years,...
Question
5) A debt of $5000.00 is to be repaid by payments of $2000.00
after two years,...
5) A debt of $5000.00 is to be repaid by payments of $2000.00
after two years, $2500.00 after three years and a final payment
after five years. Determine the size of the final payment if
interest is 10% p.a. compounded semi-annually.