dmillionaire
New member
- Joined
- Sep 15, 2013
- Messages
- 49
been working on these questions for a while and cant seem to get them , any help would be appreciated!
1. At what rate can money be invested if $2,350 is equivalent to $2,523.88 paid 189 days later? (Do not round the intermediate calculations. Round your final answer to two decimal places.)
2.
thank u in advanced
1. At what rate can money be invested if $2,350 is equivalent to $2,523.88 paid 189 days later? (Do not round the intermediate calculations. Round your final answer to two decimal places.)
2.
What amount paid on September 2 is equivalent to $1000 paid on the following December 1 if money can earn 8%? (Round the answer to the nearest cent). |
thank u in advanced