2. A Motor company wants to accumulate 700,000 to Pay off an equipment balloon note...
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Accounting
2. A Motor company wants to accumulate 700,000 to Pay off an equipment balloon note due in 3 years. how much should the motor company deposit each quarter from today to accumulate bank pays 4% annual interest compounded quarterly? find the following
N=? I/V=? PV=? PMT=? FV=?
3. del Sarto motors want to accumulate 900,000 to pay off an equipment loan due in 5 years. how much should del Sarto motor company deposit in the bank to pay off the 6% interest compounded quarterly? find the following
N=? I/V=? PV=? PMT=? FV=?
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