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Jane was due to make loan payments of $1,200 six months ago, $1,500 one month ago, and $700 in two months. Instead, she is
Jane was due to make loan payments of $1,200 six months ago, $1,500 one month ago, and $700 in two months. Instead, she is to make a single payment today. If money is worth 9.8% simple interest, what is the size of the replacement payment? (5 marks)
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Using Excel & Access for Accounting 2010
Authors: Glenn Owen
3rd edition
1111532672, 978-1111532673
