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(3 Marks) #8. Paco wants to open an account today that will pay him $1'600 monthly for the next 3 years. If interest is
(3 Marks) #8. Paco wants to open an account today that will pay him $1'600 monthly for the next 3 years. If interest is offered @ 3.6% compounded monthly, how much does he need to invest?
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Fundamental Accounting Principles
Authors: Larson Kermit, Tilly Jensen
Volume I, 14th Canadian Edition
71051503, 978-1259066511, 1259066517, 978-0071051507
