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Anonymous bio_man
wrote...
A year ago
A debt payment of $7500 is due in 24 months. If money is worth 7.2% p.a. compounded quarterly, find the equivalent payments at the times shown below.

(a) now
(b) in 12 months
(c) in 24 months
(d) in 36 months
 
Determine the value of the nominal annual rate of interest, j.

Determine the number of compounding (conversion) periods per year, m.
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Anonymous AuthorAnonymous
wrote...
A year ago
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Anonymous Author
wrote...

A year ago
Brilliant
wrote...

Yesterday
Good timing, thanks!
wrote...

2 hours ago
This calls for a celebration Person Raising Both Hands in Celebration
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