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A $37,000 loan at 8.25% compunded quarterly is to be repaid with six equal quartely payments. The first payment is one year after the loan.
A $37,000 loan at 8.25% compunded quarterly is to be repaid with six equal quartely payments. The first payment is one year after the loan. Calculate the amount of each paument. For full marks your answer should be rounded to the nearset cent
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Introduction to Probability
Authors: Mark Daniel Ward, Ellen Gundlach
1st edition
716771098, 978-1319060893, 1319060897, 978-0716771098
