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A vacation property valued at $65,000 was bought for 120 payments of $1555 due at the end of every 3months. What nominal annual rate of
A vacation property valued at $65,000 was bought for 120 payments of $1555 due at the end of every 3months. What nominal annual rate of interest compounded semi-annually wascharged?
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Financial Modeling
Authors: Simon Benninga
2nd Edition
0262024829, 9780262024822
