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A 2-storey commercial building costs, 2,450,000. It is sold for 100,000 down payment and quarterly payments of 180,000. If money is worth 6% converted quarterly,
A 2-storey commercial building costs, 2,450,000. It is sold for 100,000 down payment and quarterly payments of 180,000. If money is worth 6% converted quarterly, find how many full payments there will be and how much the final payment be if it is made 3 months after the last quarterly payment of 180,000 is made?
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