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Elizabeth borrows $8000 now and agrees to pay $X in 6 months, $2X in 15 months and $3X in 2 years. Determine X, if interest
Elizabeth borrows $8000 now and agrees to pay $X in 6 months, $2X in 15 months and $3X in 2 years. Determine X, if interest is at 9% p.a. compounded a. Monthly b. continuously
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