Megan borrowed $1900, 3 1/2 years ago at 7% compounded semiannually. Two years ago she made a

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Megan borrowed $1900, 3 1/2 years ago at 7% compounded semiannually. Two years ago she made a payment of $1000. What amount is required today to pay off the remaining principal and the accrued interest?

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Business Mathematics In Canada

ISBN: 978-0070009899

7th edition

Authors: Ernest Jerome

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Question Posted: Jan 20, 2016 07:21 AM

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Megan borrowed $1900, 3 1/2 years ago at 7% compounded semiannually. Two years ago she made a

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For the first 1 years PV 1900 Amount o...View the full answer

Business Mathematics In Canada

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