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teranine teranine
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10 months ago
A business borrows $50,000 for expansion, and is repaying the debt by making quarterly payments of $1700 at 8.5% compounded quarterly.


a) Calculate the balance after four years.
b) Calculate the final payment.
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Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
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KFordKFord
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10 months ago
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teranine Author
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10 months ago
Smart ... Thanks!
Fleury
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Yesterday
Good timing, thanks!
kc123
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2 hours ago
Brilliant ツ
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