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Home Q & A Board Science-Related Homework Help Mathematics
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gewusel gewusel
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6 years ago
Saeed has taken a loan such that debts of $4000.00, $4500.00 and $5000.00 are due in one year, eighteen months and two years from now respectively. He won a lottery and would like to make a single payment now that would settle the debts if interest is 5.99% p.a. compounded quarterly.
A) $13 500.00
B) $12 324.59
C) $14 796.16
D) $13 079.58
E) $13 880.82
Textbook 
Contemporary Business Mathematics with Canadian Applications

Contemporary Business Mathematics with Canadian Applications


Edition: 11th
Authors:
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josanjosan
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6 years ago
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gewusel Author
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6 years ago
Brilliant ツ
ealvino1610
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Correct Slight Smile TY
momochiime
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2 hours ago
Helped a lot
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