#### amrmiramar

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*How much will $ 1000 accumulate to in 8 years if it earns 12 % p.a. effective for 6 years and 9 % p.a. effective for 2 years*

- Thread starter amrmiramar
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Is that first 6 years or last 6 years? Similarly:

How much will $ 1000 accumulate to in 8 yearsif it earns 12 % p.a. effective for 6 yearsand9 % p.a. effective for 2 years

Is

Please show us what you have tried and

Please follow the rules of posting in this forum, as enunciated at:

https://www.freemathhelp.com/forum/threads/read-before-posting.109846/#post-486520

Please share your work/thoughts about this assignment.

- Joined
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Sorry dude but that what the lecturer asked us to doIs that first 6 years or last 6 years? Similarly:

Isthatfirst 2years or last 2 years?

Please show us what you have tried andexactly where you are stuck.

Please follow the rules of posting in this forum, as enunciated at:

https://www.freemathhelp.com/forum/threads/read-before-posting.109846/#post-486520

Please share your work/thoughts about this assignment.

that's the whole question

completely no clue about how to solve it i couldn't attend any lecture due to corona

if there's any shady in that question can u help me solving this as we can chose between them

(a) at a simple interest rate of 10 % p.a.,

(b) at a simple discount rate of 10 % p.a.

ty for ur time

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Well, this one is easier, so you might try it instead.Sorry dude but that what the lecturer asked us to do

that's the whole question

completely no clue about how to solve it i couldn't attend any lecture due to corona

if there's any shady in that question can u help me solving this as we can chose between them

Calculate the present value of $1000 due in 1 year

(a) at a simple interest rate of 10 % p.a.,

(b) at a simple discount rate of 10 % p.a.

ty for ur time

Try (a) first:

Here, we're asked to compute present value, or \(\displaystyle PV\).

\(\displaystyle PV=\frac{C}{(1+r)^n}\)

\(\displaystyle PV=\frac{1000}{(1+0.10)^1}\)

\(\displaystyle PV=\frac{1000}{1.10}\)

Now can you calculate the end of the formula, which equals the future PV?

\(\displaystyle PV=?\)

- Joined
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Please tell us the difference between:Sorry dude but that what the lecturer asked us to do

that's the whole question

completely no clue about how to solve it i couldn't attend any lecture due to corona

if there's any shady in that question can u help me solving this as we can chose between them

Calculate the present value of $1000 due in 1 year

(a) at a simple interest rate of 10 % p.a.,

(b) at a simple discount rate of 10 % p.a.

ty for ur time

simple interest rate, and

simple discount rate

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It doesn't matter does it?Is that first 6 years or last 6 years? Similarly:

Isthatfirst 2years or last 2 years?