A lease agreement requires that the lease holder pays $2800 at the beginning of every quarter for
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A lease agreement requires that the lease holder pays $2800 at the beginning of every quarter for three years. If the value of the lease contract is $31,000, what is the nominal interest rate compounded quarterly?
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Related Book For 
Mathematics Of Business And Finance
ISBN: 9781927737545
4th Edition
Authors: Larry Daisley, Thambyrajah Kugathasan, Diane Huysmans
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