Question
A debt of $5,000.00 is to be paid off with 10 equal semi-annual payments. If the interest rate is 13% compounded semi-annual, what is the
A debt of $5,000.00 is to be paid off with 10 equal semi-annual payments. If the interest rate is 13% compounded semi-annual, what is the size of the payment? The semi-annual payment would be $ . (Round to 2 decimal places.)
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The International Handbook Of Public Financial Management
Authors: Richard Allen, Richard Hemming, B. Potter
1st Edition
1137574895, 978-1137574893
