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gewusel gewusel
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6 years ago
Rob bought a yacht on a contract requiring monthly payments of $2500 for 5 years beginning on the 6th month after the date of purchase. What was the cash value of the yacht, if interest is 6.9% compounded monthly?
A) $126 556
B) $122 980
C) $122 277
D) $135 267
E) $136 979
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
Good timing, thanks!
djeghri
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Yesterday
Thank you, thank you, thank you!
linlinlin
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2 hours ago
Just got PERFECT on my quiz
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