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i need help with this math problem
If money is worth 15% compounded monthly͵ what equal payments at the end of 24th and 32nd months respectively͵ will equitably settle the following obligations: (pure accumulation)
a. $11͵100 due in 5 months b. $12͵200 due in 12 months at 7%͵ m=4 c. $ 18͵800 due in 36 months at 8% simple interest d. $24͵400 due in 48 months at 6%͵ m=12 |
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