Question
Casper borrowed $3,000 to renovate his house. One month later he paid $500. Two months after this payment he paid $2,000.Half a year after he
Casper borrowed $3,000 to renovate his house. One month later he paid $500. Two months after this payment he paid $2,000.Half a year after he took a loan he repaid it in full.If interest rate was 9%, what was his final payment?
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International Finance Theory and Policy
Authors: Paul R. Krugman, Maurice Obstfeld, Marc J. Melitz
10th edition
978-0133425895, 133425894, 978-0133423631, 133423638, 978-0133423648
