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A year ago
Debts of $2800.00 due three months from now and $4600.00 due twenty-one months from now are to be settled by two equal payments due in three months and nine months from now respectively. Determine the size of the equal replacement payments if interest is 5.5% p.a. compounded quarterly.
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Contemporary Business Mathematics with Canadian Applications
Edition: 11th
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wrote...
A year ago
Answered below!
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wrote...
5 months ago
it very nice
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