Nikita owes $3500 in 6 months and another $2500 in 11 months. What single payment in 9
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Nikita owes $3500 in 6 months and another $2500 in 11 months. What single payment in 9 months would settle both payments? Assume an interest rate of 0.75% p.m. and choose 9 months from now as the focal date.
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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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