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Home Q & A Board Science-Related Homework Help Mathematics
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Trey4sho Trey4sho
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A year ago
Payments of $2400 originally scheduled to be paid today, $1200 due 18 months from today, and $3000 due 33 months from today are to be replaced with a single payment due six months from now. Using 6% compounded quarterly as the rate of return money can earn, what payment six months from now would be equivalent to the three scheduled payments?
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Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
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katiesaylerkatiesayler
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A year ago
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Trey4sho Author
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A year ago
This helped my grade so much Perfect
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You make an excellent tutor!
Jodias
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Correct Slight Smile TY
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