Question
A debt of $3000 due in one year is to be repaid by a payment of $1000 due two years from now and a final
A debt of $3000 due in one year is to be repaid by a payment of $1000 due two years from now and a final payment three years from now. If the interest is at the rate of 5% compounded semiannually, then the final payment is (two decimal places)
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Airline Finance
Authors: Peter S. Morrell
4th Edition
1351959743, 978-1351959742
