Question
A credit union entered a lease contract valued at $7400. The contract provides for payments at the end of each quarter for 2 years. If
A credit union entered a lease contract valued at $7400. The contract provides for payments at the end of each quarter for 2 years. If interest is 5.6% compounded quarterly, what is the size of the quarterly payment?
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The Concepts And Practice Of Mathematical Finance
Authors: Mark S. Joshi
1st Edition
0521823552, 9780521823555
