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Home Q & A Board Science-Related Homework Help Mathematics
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maryanne.jones3 maryanne.jones3
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10 months ago
You are scheduled to receive a single payment of $15,000, fourteen months from now, due to a lawsuit that you won. What end-of-month payments for the next fourteen months should you be willing to accept instead of the lump payment if you can invest the funds at 3.25% compounded annually?

▸ $1.152.97

▸ $1.092.97

▸ $1.025.97

▸ $1.052.97

▸ $1.072.97
Textbook 
Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
Authors:
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iammtziammtz
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10 months ago
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maryanne.jones3 Author
wrote...

10 months ago
Brilliant ツ
kh540941
wrote...

Yesterday
Good timing, thanks!
big_larry_samp
wrote...

2 hours ago
Helped a lot
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