Question
Find the periodic payment which will amount to a sum of $8000 if an interest rate 7% is compounded annually at the end of
Find the periodic payment which will amount to a sum of $8000 if an interest rate 7% is compounded annually at the end of 14 consecutive years. The periodic payment is $ (Round to the nearest cent.)
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Prealgebra
Authors: Elayn Martin Gay
7th edition
321955048, 978-0321955043
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