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dkwilson dkwilson
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9 months ago

John James lent Mel Karras $8,000 to open a pottery shop. Mel will repay John at the end of five years with interest, compounded quarterly, at 8%. How much will John receive at the end of five years?

Note: Round your answer to the nearest cent.

Textbook 
Math for Business and Finance: an Algebraic Approach

Math for Business and Finance: an Algebraic Approach


Edition: 3rd
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fnc28304fnc28304
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9 months ago
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dkwilson Author
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9 months ago
Thanks
gma_of_7
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Yesterday
Thank you, thank you, thank you!
shangshang
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2 hours ago
This helped my grade so much Perfect
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