Answered

Westonci.ca is the ultimate Q&A platform, offering detailed and reliable answers from a knowledgeable community. Get immediate and reliable solutions to your questions from a knowledgeable community of professionals on our platform. Get detailed and accurate answers to your questions from a dedicated community of experts on our Q&A platform.

A man owes rs 4000 in 4 years and rs 3400 due in 6 years. His creditor agreed for him to pay debts with a payment of rs 3000 in 3 years and the remainder in 8 years. If money is worth 7% compounded quarterly, the amount of the second payment is?

Sagot :

Hakuna111

Answer:

15000 loan

Step-by-step explanation:

Suppose comparison date = 8 years

Hope this answer helps you :)

Have a great day

Mark brainliest

We hope you found what you were looking for. Feel free to revisit us for more answers and updated information. Thank you for choosing our platform. We're dedicated to providing the best answers for all your questions. Visit us again. Thank you for visiting Westonci.ca, your go-to source for reliable answers. Come back soon for more expert insights.