Question
Cameron was supposed to pay Cassandra $6,000 6 months ago and $720 in 5 months. If he wants to repay this amount with two payments
Cameron was supposed to pay Cassandra $6,000 6 months ago and $720 in 5 months. If he wants to repay this amount with two payments of $3,200 today and the balance amount in 3 months, calculate the balance amount. Assume interest is 3.90% p.a. and the agreed focal date is 3 months from now.
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An Environmental Audit Primer Student Guide
Authors: Velsoft Training Materials, Inc.
1st Edition
1774550393, 978-1774550397
