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majarm majarm
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6 years ago
Two payments of $49 000 each must be made 3 year and 5 year from now. If money can earn 4.9% compounded monthly, what single payment 4 years from now would be equivalent to the two scheduled payments?
Textbook 
Contemporary Business Mathematics with Canadian Applications

Contemporary Business Mathematics with Canadian Applications


Edition: 11th
Authors:
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rmaccararmaccara
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6 years ago
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majarm Author
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6 years ago
Good timing, thanks!
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Yesterday
You make an excellent tutor!
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2 hours ago
Just got PERFECT on my quiz
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