Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. a debt of $7734.34 is repaid by payments of $1352.

A debt of $7734.34 is repaid by payments of $1352.47 in 5 months, $944.45 in...

80.2K

Verified Solution

Question

Accounting

A debt of $7734.34 is repaid by payments of $1352.47 in 5 months, $944.45 in 15 months, and final payment in 23 months. If interest was 7% compounded quarterly, what was the amount of the final payment?

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Basic Math
1.2K views

completed at the end of each week are shown below and Allison are making bracelets...

Biology
1.2K views

The Animal Genetics and Monogenic Disorders simulations both used PCR to help determine genotypes 1...

Physics
1.2K views

When 10 4 electrons are removed from a neutral metal sphere the charge on the...

Physics
1.2K views

15 A spring balance has a scale that reads from 0 to 100 kg The...

Physics
1.2K views

2 a nuclear fusion process the masses of fusing nuclei be m and and the...

Physics
1.2K views

point fre charge A charge Q is uniformly distributed over a large plastic non conducting...

Calculus
1.2K views

Set up a definite integral that represent interval Compute answers to three de x y...

Algebra
1.2K views

Find the solution to the following absolute value inequality.-2x + 5 ? 6Give your answer...

Accounting
1.2K views

Dado el plan de red que sigue, calcule los tiempos temprano, tardo y de holgura....

Accounting
1.2K views

**Objective Type Question:** Which of the following is a commonly used audit sampling...

Accounting
1.2K views

An accounting firm completes an audit for a local union and has the following cost....

Accounting
1.2K views

y m Take Test: Chapter 6 objectiv b) hbackboard.com/webapps/assessment/takelaunch.jsp?course-assessment_id-J00009-1&course-id=32250_T 58.6% QUESTION 17 A company...