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1 . A $ 1 0 2 0 0 debt will accumulate for five years at 1 1 . 6 % compounded semi - annually.

1 .

A $

10 200

debt will accumulate for five years at

11.6 %

compounded semi

-

annually. For how much will the debt sell three years after it was incurred if the buyer of the debt charges

10 %

compounded quarterly?

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