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realgraverobb realgraverobb
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A year ago
Fred must pay a $25,000 obligation one year from now. What end-of-month payments for twelve months would put the creditor in an equivalent financial position if the creditor can earn 9% compounded monthly?

▸ $2186.29

▸ $1863.67

▸ $1998.79

▸ $2170.01

▸ $1983.91
Textbook 
Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
Authors:
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eggr0lleggr0ll
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A year ago
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