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futurenurse15 futurenurse15
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Two payments of $3000 each are due today and five years from today. The creditor has agreed to accept three equal payments due one, three, and five years from today. Assuming that money can earn 7.5% compounded monthly. What payments will the creditor accept?
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Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
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mhmoud123mhmoud123
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futurenurse15 Author
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10 months ago
You make an excellent tutor!
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Thanks for your help!!
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Thank you, thank you, thank you!
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