A loan payment of $1200.00 was due 20 days ago and another payment of $800.00 is due 80 days from now. What single payment 130
A loan payment of $1200.00 was due 20 days ago and another payment of $800.00 is due 80 days from now. What single payment 130 days from now will pay off the two obligations if interest is to be 8% and the agreed focal date is 130 days fromnow?
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Authors: John E. Hanke, Dean Wichern
9th edition
132301202, 978-0132301206
