Question
If you borrow $20 000 for four years at an interest rate of 7.23% per annum, with the interest compounding quarterly, how much will you
If you borrow $20 000 for four years at an interest rate of 7.23% per annum, with the interest compounding quarterly, how much will you have to pay at the end of the period?
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Quantitative Investment Analysis
Authors: Richard A. DeFusco, Dennis W. McLeavey, Jerald E. Pinto, David E. Runkle
3rd edition
111910422X, 978-1119104544, 1119104548, 978-1119104223
