Question
Evan leased equipment worth $70,000 for 5 years. If the lease rate is 5.50% compounded semi-annually, calculate the size of the lease payment that is
Evan leased equipment worth $70,000 for 5 years. If the lease rate is 5.50% compounded semi-annually, calculate the size of the lease payment that is required to be made at the beginning of each half-year.
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Handbook Of Hedge Funds
Authors: François-Serge Lhabitant
1st Edition
0470026634, 978-0470026632
