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A $6300 payment due 2 1/2 years ago has not been paid. If moneycan earn 3.90% compounded annually, what amount paid 3 1/2 yearsfrom now
A $6300 payment due 2 1/2 years ago has not been paid. If moneycan earn 3.90% compounded annually, what amount paid 3 1/2 yearsfrom now would be the economic equivalent of the missed payment?(Round 2 answers
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Business Mathematics In Canada
Authors: Ernest Jerome
7th edition
978-0071091411, 71091416, 978-0070009899
