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Hillier Hillier
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6 years ago
Sam took a $5000 loan to build a deck in the backyard. The loan requires payments at the end of each quarter or 4 years. If the interest on the loan is 9% compounded monthly, what is the size of each payment Sam is required to make?
A) $447.83
B) $353.98
C) $332.80
D) $1321.64
E) $376.08
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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Hillier Author
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#2
5 years ago
Thanks so much
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#3
3 years ago
thank you！
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#4
3 years ago
thank you so much
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