Answer to Question #346880 in Financial Math for LeLO

Question

Deliwe inherits R600 000. She decides to have it paid to her in two payments: one payment four years from now and the second payment twice the size of the first payment, eight years from now. If money is worth 12,6% per year compounded quarterly, then the amount of money that Deliwe expects to receive eight years from now is .

Answer 1

It's been a while since this question is posted here. Still, the answer hasn't been got. Consider converting this question to a fully qualified assignment, and we will try to assist. Please click the link below to proceed: Submit order