Question
A commercial company sells stereos with a down payment of $500,000 and 24 monthly payments of $185,500. If 30% monthly compounding is charged, find the
A commercial company sells stereos with a down payment of $500,000 and 24 monthly payments of $185,500. If 30% monthly compounding is charged, find the cash value.
If applicable, draw the cash flow diagram.
Ans: $3.817.664.87
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International Financial Reporting Standards An Introduction
Authors: Belverd E. Needles, Marian Powers
3rd Edition
1133187943, 978-1133187943
