Debts of $400

question 28

Essay

Debts of $400.00, $450.00 and $500.00 are due in one year, eighteen months and thirty months from now respectively. Determine the single payment now that would settle the debts if interest is 8% p.a. compounded quarterly.

Recognize the regulatory bodies and regulations affecting consumer transactions and negotiable instruments.

Understand the concept of tolerance in mechanical dimensioning.

Identify and use abbreviations and symbols related to dimensioning and tolerancing.

Differentiate between different types of tolerances (e.g., unilateral, bilateral).