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Title: Arjun has taken a loan and debt can be repaid by payments of $425.00 today, $377.00 in two years and ... Post by: majarm on Nov 27, 2017 Arjun has taken a loan and debt can be repaid by payments of $425.00 today, $377.00 in two years and $560.00 in five years. What single payment would settle the debt three years from now if money is worth 6.25% p.a. compounded quarterly?
A) $1362.00 B) $1407.70 C) $1546.98 D) $1387.92 E) $1341.13 Title: Re: Arjun has taken a loan and debt can be repaid by payments of $425.00 today, $377.00 in two years ... Post by: yacom on Nov 27, 2017 B
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