In: Finance
1) What is G if B = A × (1+G)T and B = 8,224, A = 6,179, and T = 4? Answer as a rate in decimal format so that 12.34% would be entered as .1234 and 0.98% would be entered as .0098.
2)What is A if P = [A/(1+R)L] + [B/(1+R)M] and P = 5,437, B = 6,191, R = 0.1222, L = 4, and M = 7? Round answer to nearest whole number.
3) What is A if P = [A × (1+R)L] + [B × (1+R)M] and P = 24,594, B = 7,039, R = 0.062, L = 4, and M = 10? Round answer to nearest whole number.
4) What is B if X = (A + B – C) / C and X = 0.3065, A = 172, and C = 6,882? Round answer to nearest whole number.