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Home Q & A Board Science-Related Homework Help Mathematics
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Hillier Hillier
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6 years ago
Debts of $2800.00 due three months from now, $3500 due 15 months 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.
A) $5450.00
B) $5176.03
C) $5246.71
D) $10 352.05
E) $10 900.00
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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wrote...
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3 years ago
thanks
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3 years ago
very helpful
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#4
2 years ago
ty
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