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A debt can be repaid with payments of $3912 today, $2436 in 2 years and $6770 in 5 years. What single payment will settle
A debt can be repaid with payments of $3912 today, $2436 in 2 years and $6770 in 5 years. What single payment will settle the debt 3 years from now if interest is 10.5% compounded quarterly?
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To find the single payment that will settle the debt 3 years from now we can use the concept of pres...
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Intermediate Accounting
Authors: kieso, weygandt and warfield.
14th Edition
9780470587232, 470587288, 470587237, 978-0470587287
