Payments of 800, 500 and 700 are made at the ends of years 2, 4, and 6 respectively. Giventhat the effective interest rate is 13%, find the time point at which single payment of 2100would be equivalent

If the principal amount is $700, the interest rate is 9%, and the compound interest is $141.36, what is the time period when compounded annually?*1 year2 years3 years4 years

A $50 perpetuity paid monthly has a present value of $7500 on the date of the first payment. What is the annual effective rate of interest?

Suppose that $2000 is loaned at a rate of 13.5%, compounded annually. Assuming that no payments are made, find the amount owed after 9 years.Do not round any intermediate computations, and round your answer to the nearest cent.$

Find the time period, if the simple interest is Rs.6.75 at the rate of 4.5% on a sum of Rs.300

What sum of money at simple interest,amount to Rs.800 in 4 years and amount to Rs.900 in 6 years.Find the principal value and rate of interest.