1. T

    Calculating final payment after paying lump sums throughout loan

    Hi there, it has been 7 years since I had my mathematics of finance course, but now need to use some old formulas and I cannot remember how to use. this is what I am looking for and need help to figure it out please! Interest rate is 5%c.s.a. inital loan = $31 938.59 .( actual amount of loan...
  2. L

    Structured Settlement Vs. Lump Sum Settlement

    Here is the question: There is a person who has worked with asbestos for a large construction company and has contracted Pleural Mesothelioma. The person is entitled to a large settlement from this company but how could that person decide which of the following two options is better? What is the...