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do it fast pls Payment of $887 due 1 months ago and $403 due today are to be repaid by a payment of $400 one
do it fast pls
Payment of $887 due 1 months ago and $403 due today are to be repaid by a payment of $400 one month from today and the balance in 10 months from now. If money is worth 4% compounded monthly, and the agreed focal date is 10 months from today. What is the size of the final payment? Please express your answer to the nearest dollar. Sample input: 2456 for $2456Step by Step Solution
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Enterprise Risk Management In Finance
Authors: David L. Olson, Desheng Dash Wu
1st Edition
1349691038, 978-1349691036
