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a demand loan of $4000.00 is repaid by payments of $2000.00 after two years, $2000.00 after four years and a final payment after 8 years.
a demand loan of $4000.00 is repaid by payments of $2000.00 after two years, $2000.00 after four years and a final payment after 8 years. interest is 9% compounded semi-annually for the first two years, 10% compounded monthly for the next two years and 10% compounded annually thereafter. what is the size of the final payment?
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