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If a buyer of a building makes a down payment of $114,506 and a payment of $5,664 every month thereafter for two years, determine the

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If a buyer of a building makes a down payment of $114,506 and a payment of $5,664 every month thereafter for two years, determine the present price of the building at a rate of 12% per year compounded quarterly if a) There is no inter-period interest? (3 points) b) There is an inter-period is interest? (3 points)

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