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cyberk cyberk
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A year ago
A loan is to be repaid by $1000 in one year and $1500 in three years. The borrower has asked to repay $1000 in two years and a final payment in three years. If money can earn 8% compounded quarterly, what is the size of the final payment?
Textbook 
Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
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Botox14Botox14
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A year ago
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cyberk Author
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Thanks for your help!!
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Brilliant
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