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ActSci Mathematics of Finance Equations of Value THE ANSWER IS 428.19 , I don't know how to get here 8, Andrew owes Nicola $500 in
ActSci Mathematics of Finance Equations of Value
THE ANSWER IS 428.19 , I don't know how to get here
8, Andrew owes Nicola $500 in 3 months and $200 in 6 months both due with interest rate at 6%. If Nicola accepts $300 now, how much will Andrew be required to repay at the end of 1 ycar, provided they agree to use an interest rate of 8% and a focal date at the end of 1 year? 8, Andrew owes Nicola $500 in 3 months and $200 in 6 months both due with interest rate at 6%. If Nicola accepts $300 now, how much will Andrew be required to repay at the end of 1 ycar, provided they agree to use an interest rate of 8% and a focal date at the end of 1 yearStep by Step Solution
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