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A debt of $4600 will be amortized by payments at the end of each quarter for 9 years. Interest is at j4=10%. Determine the outstanding
A debt of $4600 will be amortized by payments at the end of each quarter for 9 years. Interest is at j4=10%. Determine the outstanding balance at the end of 4 years.
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Intermediate Financial Management
Authors: Eugene F Brigham, Phillip R Daves
9th Edition
032431986X, 9780324319866
