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Hillier Hillier
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Posts: 550
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6 years ago
A lease valued at $47 600.00 requires payments of $4500.00 every three months. If the first payment is due 2 years after the lease was signed and interest is 6.88% compounded quarterly, what is the term of the lease?
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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Posts: 375
6 years ago
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Hillier Author
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6 years ago
This site is awesome
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You make an excellent tutor!
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Good timing, thanks!
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