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Elena bought a car priced at $13,350 for 10% down and equal semi-annual payments for 5 years. If interest is 10% compounded monthly, what is
Elena bought a car priced at $13,350 for 10% down and equal semi-annual payments for 5 years. If interest is 10% compounded monthly, what is the size of the semi-annual payment? The size of the semi-annual payment is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) Step by Step Solution
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Catechism Of Money
Authors: Joseph P. Root
1st Edition
1377114929, 978-1377114927
