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I owe you $12,500. I agree to start paying you $1,000 every 3 months. You will charge me 3.2% interest per 3 month period. How
- I owe you $12,500. I agree to start paying you $1,000 every 3 months. You will charge me 3.2% interest per 3 month period. How many payments will I make and long will it take to pay off the loan (in years and months)?
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Financial Management Principles And Applications
Authors: Arthur J. Keown, J. William Petty, John D. Martin, Jr. Scott, David F.
10th Edition
0131450654, 9780131450653
