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majarm majarm
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6 years ago
Payments of $10 200.00 due one year ago and $13 000.00 due nine months ago are to be replaced by a payment of $5800.00 now, a second payment of $10 000.00 fifteen months from now, and a final payment twenty-four months from now. What is the size of the final payment if interest is 9.2% compounded quarterly?
Textbook 
Contemporary Business Mathematics with Canadian Applications

Contemporary Business Mathematics with Canadian Applications


Edition: 11th
Authors:
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AxyAxy
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Posts: 349
6 years ago
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majarm Author
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6 years ago
You make an excellent tutor!
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this is exactly what I needed
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2 hours ago
Brilliant
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