A payment of $10,000 is due in one year and another payment of $5000 is due in

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A payment of $10,000 is due in one year and another payment of $5000 is due in two years. Calculate the size of two equal payments that would replace these payments in six months and three years if money is worth 8% compounded monthly.

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Mathematics Of Business And Finance

ISBN: 9781927737545

4th Edition

Authors: Larry Daisley, Thambyrajah Kugathasan, Diane Huysmans

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Question Posted: Aug 30, 2024 09:06 AM

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A payment of $10,000 is due in one year and another payment of $5000 is due in

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Mathematics Of Business And Finance

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