Question
A lease valued at $19,000 requires payments of $2,066 at the beginning of every six months. If money is worth 6% compounded semi-annually, what is
A lease valued at $19,000 requires payments of $2,066 at the beginning of every six months.
If money is worth 6%
compounded semi-annually,
what is the size of the final lease payment?
The size of the final payment is
$ .
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International Finance
Authors: Keith Pilbeam
5th Edition
1350347094, 978-1350347090
