Question
A loan of $2869 borrowed today is to be repaid in three equal installment due in one year, four years, and five years, respectively. what
A loan of $2869 borrowed today is to be repaid in three equal installment due in one year, four years, and five years, respectively. what is the size of the equal installment of money is worth 4.6% compounded annually?
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Fundamentals Of Futures And Options Market
Authors: John C. Hull
6th Edition
0132242265, 9780132242264
