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ECN 801 Midterm: ECN801 – F2014 Midterm (Sample)

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turquoisegnu128
31 Jan 2019
School
Ryerson University
Department
Economics
Course
ECN 801
Professor
All

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Document Summary

Version 1 (students provided factor tables: 1%,2%, 7% and 8%) Chapter 3: you are about to borrow ,000 from a bank at an interest rate of 8% compounded annually. Find the unknown value of x that satisfies the equivalence. Cash flow 1: 500 in t=0, 400 in t=1, 300, 300, 300, 400, 500 in t=6. Cash flow 2: in each period from t=1 to t=7. sh from t=0 to t=2. from t=3 to t=5. from t=6 to t=8. Determine the amount in the fund immediately after the 10th deposit. Chapter 4: a loan of ,000 is to be financed over a period of 24 months. The agency quotes a nominal rate of 6% for the first 12 months and a nominal rate of. 12% for any remaining unpaid balance after 12 months, both compounded monthly. Based on these rates, what equal end- of- the- month payment for.

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