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Andres Michael bought a new boat. He took out a loan for $24,240 at 4.75% interest for 3 years. He made a $4,450 partial payment
Andres Michael bought a new boat. He took out a loan for $24,240 at 4.75% interest for 3 years. He made a $4,450 partial payment at 3 months and another partial payment of $2,710 at 8 months. How much is due at maturity? (Do not round intermediate calculations. Round your answer to the nearest cent.) Maturity value
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Management Of Islamic Finance
Authors: M. Kabir Hassan, Mamunur Rashid
1st Edition
1787564045, 978-1787564046
