question archive The company "La Chinita, S
The company "La Chinita, S
Subject:MathPrice: Bought3
The company "La Chinita, S.A.", contracted a loan with the National Bank under the following conditions:
Amount: $ 20,000
Term: 4 years
Payment method: interest is paid at the end of each year on unpaid balances and the loan amount at the end of the 4th. Year.
Annual interest rate: Treasury Bonds (TBILLS) 17.18%
Annual inflation rate: 32%
It asks:
1. Determine the amount of each of the annual payments
2. Determine the real interest rate
3. If the part of the interest rate that is inflation were only compounded
paid real interest, how much would the annual payments be?
