Crystal purchased a scooter for her grandmother by making payments of $70 at the beginning of every

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Crystal purchased a scooter for her grandmother by making payments of $70 at the beginning of every three months for four years. If the cost of borrowing is 8% compounded semi-annually, what is the cash price of the scooter?

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Mathematics Of Business And Finance

ISBN: 9781927737545

4th Edition

Authors: Larry Daisley, Thambyrajah Kugathasan, Diane Huysmans

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