Question
a debt of $3000 in one year is to be repaid by a payment of $1000 due two years from now and a final payment
a debt of $3000 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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International Finance Transactions Policy And Regulation
Authors: Hal S. Scott
15th Edition
159941547X, 978-1599415475
