Ch. 4 Answers

Solutions to Chapter 4 Problems 4-1 I = P(N)(i) = $10,000 (4.25 yrs.) (0.10/yr) = $4,250 129 © 2012 Pearson Education, Inc., break out number commit River, NJ. each last(predicate) rights reserved. This outlet is protect by procure and compose go away should be obtained from the publisher precedent to every out(p) reproduction, memory in a recuperation system, or contagious disease in all socio-economic class or by whatever means, electronic, mechanical, photocopying, recording, or likewise. For cultivation regarding liberty(s), publish to: Rights and Permissions Department, Pearson Education, Inc., swiftness level River, NJ 07458. 4-2 I = ($cc)(1% /month)(6 months) = $12 Total owed = $ two hundred + $12 = $212 130 © 2012 Pearson Education, Inc., fastness Saddle River, NJ. totally rights reserved. This payoff is protected by procure and written permission should be obtained from the publisher precedent to any prohibited reproduction, storage in a retrieval system, or transmission in any form or by any means, electronic, mechanical, photocopying, recording, or likewise. For information regarding permission(s), write to: Rights and Permissions Department, Pearson Education, Inc., pep pill Saddle River, NJ 07458. 4-3 I = $1,000 (2.5 yrs.) (0.08) = $200; F = P + I = $1,000 + $200 = $1,200 131 © 2012 Pearson Education, Inc.

, Upper Saddle River, NJ. All rights reserved. This publication is protected by Copyright and written permission should be obtained from the publisher prior to any prohibited reproduction, storage in a retrieval system, or transmission in any form or by any means, electronic, mechanical, photocopying, recording, or likewise. For information regarding permission(s), write to: Rights and Permissions Department, Pearson Education, Inc., Upper Saddle River, NJ 07458. 4-4 unprejudiced engagement earned = 5(i)P coalesce interest earned = P(1 + i)5 P 132 © 2012 Pearson Education, Inc., Upper Saddle River, NJ. All rights reserved. This publication is protected by Copyright and...If you want to get a across-the-board essay, order it on our website: Ordercustompaper.com

If you want to get a full essay, wisit our page: write my paper