Saburi had to pay her landlord a payment of $750 that was due two months ago and
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Saburi had to pay her landlord a payment of $750 that was due two months ago and another payment of $1250 in eight months. What single payment in three months will settle the amount that she owes the landlord, if the interest rate is 9% p.a.? Use three 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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