The Acme Parts Company is repaying a debt of $ 1 5 0 0 0 . 0
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Question:
The Acme Parts Company is repaying a debt of $ by payments of $ made at the end of every three months. Interest is compounded monthly. How many payments are needed to repay the debt?
Related Book For
Contemporary Business Mathematics with Canadian Applications
ISBN: 978-0133052312
10th edition
Authors: S. A. Hummelbrunner, Kelly Halliday, K. Suzanne Coombs
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