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I bought a holiday cottage for a downpayment of $1400 and monthly payments of $550 for fifteen years. The agreed interest rate was 7.5% compounded
I bought a holiday cottage for a downpayment of $1400 and monthly payments of $550 for fifteen years. The agreed interest rate was 7.5% compounded semiannually. What was the cash price of the property? Answer to 2 decimal places, no $ sign
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