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A loan of $9,000 at 6.5% compounded quarterly requires three payments of $2,000 at 12, 24 and 36 months after the date of the loan,
A loan of $9,000 at 6.5% compounded quarterly requires three payments of $2,000 at 12, 24 and 36 months after the date of the loan, and a final payment of the full balance after four years. What is the amount of the final payment
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Personal Financial Planning
Authors: Randy Billingsley, Lawrence J. Gitman, Michael D. Joehnk
14th edition
978-1305887725, 1305887727, 1305636619, 978-1305636613
