Question
Find the amount of money owed at the end of 3 years if $60,000 is borrowed at 7% per year compounded weekly and no payments
Find the amount of money owed at the end of 3 years if $60,000 is borrowed at 7% per year compounded weekly and no payments are made on the loan. (Simplify your answer completely. Assume there are 52 weeks in a year. Round your answer to the nearest cent.)
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International Financial Management
Authors: Cheol S. Eun, Bruce G.Resnick
6th Edition
71316973, 978-0071316972, 78034655, 978-0078034657
