Question
A debt of $11000 due in 10 years from now is to be paid by a payment of $2750 now, $1750 in 2 years and
A debt of $11000 due in 10 years from now is to be paid by a payment of $2750 now, $1750 in 2 years and a final payment 8 years from now. What would this payment be if an interest rate of 6% compounded semiannually is assumed.
The payment is $ __________
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A dept of 11000 due in 10 years from now A P 1 r n nt A amount to be paid three A 11000 after years ...
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Foundations of Finance The Logic and Practice of Financial Management
Authors: Arthur J. Keown, John D. Martin, J. William Petty
8th edition
132994879, 978-0132994873
