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nikki1992 nikki1992
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A $9000 loan is to be repaid in three equal payments occurring 60, 180, and 300 days, respectively, after the date of the loan. Calculate the size of these payments if the interest rate on the loan is 7¼%. Use the loan date as the focal date.
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Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
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elacevedoelacevedo
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nikki1992 Author
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11 months ago
Smart ... Thanks!
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Thank you, thank you, thank you!
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