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JadeDeLair JadeDeLair
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10 months ago
Two payments of $5000 are scheduled six months and three years from now. They are to be replaced by a payment of $3000 in two years, a second payment in 42 months, and a third payment, twice as large as the second, in five years. What should the last two payments be if money is worth 9% compounded semiannually?
Textbook 
Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
Authors:
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sherry94sherry94
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10 months ago
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JadeDeLair Author
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10 months ago
this is exactly what I needed
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Yesterday
Good timing, thanks!
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2 hours ago
Thank you, thank you, thank you!
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