Calculate the two equal installments, one in one year and the other in two years, that would

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Calculate the two equal installments, one in one year and the other in two years, that would replace a payment of $2000 today and a payment of $8500 in five years. Assume money is worth 4% compounded semi-annually.

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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 09:05 AM

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Calculate the two equal installments, one in one year and the other in two years, that would

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Mathematics Of Business And Finance

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