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A payment of $11,335 is due in 3 year, $18,000 is due in 4 years, and $8,850 is due in 6 years. What single equivalent
A payment of $11,335 is due in 3 year, $18,000 is due in 4 years, and $8,850 is due in 6 years. What single equivalent payment made today would replace the three original payments? Assume that money earns 6.75% compounded monthly
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ISE Managerial Accounting For Manager
Authors: Eric Noreen, Peter C. Brewer, Ray H. Garrison
6th Edition
1265118434, 9781265118433
