A payment of $1300 is scheduled for a date 3 years from now. What would be

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A payment of $1300 is scheduled for a date 3 ½ years from now. What would be an equivalent payment 9 months from now, if money is worth 5.5% compounded quarterly?

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Business Mathematics In Canada

ISBN: 978-0070009899

7th edition

Authors: Ernest Jerome

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Question Posted: Sep 21, 2024 08:01 AM

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A payment of $1300 is scheduled for a date 3 years from now. What would be an equivalent payment 9 months from now, if money is worth 5.5% compounded quarterly?
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A payment of $1300 is scheduled for a date 3 years from now. What would be

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Business Mathematics In Canada

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