some math help neeeded

hi people…
i suck at math example (2+2=:confused: :frowning: )
…can some one help me solve this problem..its one of those compound interest question present value/future value stuffff)
ok so here is the question and i do not know the answer!:smiley:

“A debt can be paid by payments of $2000.00 scheduled today, $2000.00 scheduled in three years, and $2000.00 scheduled in six years. What single payment would settle the debt four years from now if money is worth 6% compounded semi-anually?”

Re: some math help neeeded

:nono3:

simple math homework being solved on GS. burri baaat:p

Re: some math help neeeded

i know..but i am STUCKK soo bad...i have to do sum quizes online and this is one of the question...i dunno how to do it :(...piece of advice college is gheeyyyyy...go to university if you have to

Re: some math help neeeded

ok nevermind people i got it...thanx anywayss

Re: some math help neeeded

Sta Ta Tis Tics is not that hard ! :rotfl:

Re: some math help neeeded

yeah but buddy i can't even add properly...Calculators my best friend...:D i sumtimes have trouble counting money at work...people look at me like i am sum kind of an idiot..

Re: some math help neeeded

You don't have to say that we know already:D

Re: some math help neeeded

^ yeah well if you are soooOOOO good..then why dont you tell me the ANSWERRR..huhhh?

Re: some math help neeeded

I know all hisab kitab stuff, I am munshi in LALA ram mithaiwaley ki dokan main:snooty:
what was your question :confused:

Re: some math help neeeded

Diya as of when you log in again, your GS priviledges have been revoked somewhat allowing you to open just two threads in a 24hr period....this action was taken after a majority vote by the GS community. - Orpheus :D

Re: some math help neeeded

Ok in the formula…
first u find FV given PV value of 2000.00 n is 4 years and i = 6/2 now put it in formula and u will get FV
now for second part u find PV given a value of 2000.00 for FV… in this case n will be 2 years and i will be same thing..
Add both answers from FV and PV and u will get ur answer :blush:

if u still didn’t get it.. then i will solve it with diagram and will sent u.. but u first try it urself :blush:

Re: some math help neeeded

umm not sure
6000 * .06 * .06 1 year+
2
3
4
its interest on interest just keep adding the compounded figures.

Re: some math help neeeded

^ why u making it isoo hard for her :smack:
here is the simple formula
PV = FV (1+i)^n
Fv = PV (1+1)^-n

am not sure about n.. i did it last semester so forgot the formula.. check it out that which part it becomes - during finding pv or fv :bummer:

Re: some math help neeeded

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Re: some math help neeeded

yeah i got $2844.20...but i dont know if its rightt...thatx alot Attia...and Desidude...i think i get itt

yeah yeah i believe you Baltiwala unclee.

Re: some math help neeeded

DARNN its wronggg.....prolly some stupid calculation errrrror..urghhhh

Re: some math help neeeded

i forgot math.. since i started college .. i dont do math :(

Re: some math help neeeded

semi annual interest rate will be higher than annual rate... first find that to get apr ..man i did that long time ago and got a b plus..cant remember it now

Re: some math help neeeded

^ u mean i
so i will be 0.6/2 na :smack:

Re: some math help neeeded

i get that…but the answer is still wrong…conclusion MATH IS GHEYy..i dun care..i just finished the quiz and got 63%…meh good enoughh..thanx guyss:hugz: