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| rev | Admin | (Created page with "'''Solution: A''' The outstanding balance at the end of the fourth year is <math>B=5000(1.05)^4-1000 s_{\overline{4} \mid}=1767.40625</math> The payment in the fifth year must be <math>B(1+i)=</math> <math>1767.40625(1.05)=1855.78</math> '''References''' {{cite web |url=https://web2.uwindsor.ca/math/hlynka/392oldtests.html |last=Hlynka |first=Myron |website=web2.uwindsor.ca | title = University of Windsor Old Tests 62-392 Theory of Interest | access-date=November 23,...") | Nov 26'23 at 23:39 | +481 |