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Hillier Hillier
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6 years ago
Sean Paul borrowed $20 000.00 from his father to finance his new business. The loan agreement calls for equal payments at the end of each month for 10 years. The payments are deferred for 4 years and interest is 4.00% compounded semi-annually. What is the size of the monthly payments?
Textbook 
Contemporary Business Mathematics with Canadian Applications

Contemporary Business Mathematics with Canadian Applications


Edition: 11th
Authors:
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SupremeSupreme
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6 years ago
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wrote...
#2
5 years ago
just replying to double check my work, I got 236.
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#3
4 years ago
thank you
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#4
3 years ago
thank you~!
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#5
3 years ago
thank you
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#6
3 years ago
thank u
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#7
3 years ago
thank you
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#8
3 years ago
🙂
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#9
3 years ago
thank you
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#10
2 years ago
Thank you
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