Please please answer both questions.I will really upvote.Thank you Two debts, the first of $1800 due six months ago and the second of $1700 borrowed one year ago for a term of three years at 6. 1% compounded annually, are to bereplaced by a single payment one year from now. Determine the size of the replacement payment if interest is 5.2% compounded quarterly and the focal date is oneyear from nowThe size of the replacement payment is(Round to the nearest cent as needed Round all intermediate values to six decimal places as needed) A ten-year note for $1600 bearing interest at 4% compounded monthly is discounted at 6% compounded quarterly three years, ten months after the date of issueFind the proceeds of the noteThe proceeds are $(Round to the nearest cent as needed. Round all intermediate values to six decimal places as needed)

Hi! thanks for the questions but as per the guidelines we answer only one question at one time.…

Two debts, the first of $1800 due six months ago and the second of $1700 borrowed one year ago for a term of thi replaced by a single payment one year from now. Determine the size of the replacement payment if interest is 5.2" year from now m

Two debts, the first of $1800 due six months ago and the second of $1700 borrowed one year ago for a term of thi replaced by a single payment one year from now. Determine the size of the replacement payment if interest is 5.2" year from now m

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

Please please answer both questions.

I will really upvote.

Thank you

Two debts, the first of $1800 due six months ago and the second of $1700 borrowed one year ago for a term of three years at 6. 1% compounded annually, are to be
replaced by a single payment one year from now. Determine the size of the replacement payment if interest is 5.2% compounded quarterly and the focal date is one
year from now
The size of the replacement payment is
(Round to the nearest cent as needed Round all intermediate values to six decimal places as needed)

A ten-year note for $1600 bearing interest at 4% compounded monthly is discounted at 6% compounded quarterly three years, ten months after the date of issue
Find the proceeds of the note
The proceeds are $
(Round to the nearest cent as needed. Round all intermediate values to six decimal places as needed)

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