A demand loan of $3000 is repaid by payments of $1500 after two years, $1500 after four
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Balance after 1 year PV 300000 I Y 9 C Y 4 i 94 225 00225 n 1 4 4 FV 30...View the full answer
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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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