Question
Loan payments of $3300 due three years ago and $3700 due in four years are to be replaced by two equal payments. The first replacement
Loan payments of $3300 due three years ago and $3700 due in four years are to be replaced by two equal payments. The first replacement payment is due now and the second payment is due in six years. Determine the size of the two replacement payments if interest is 5.6% compounded semi dash annually and the focal date is now.
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Payroll Accounting 2017
Authors: Jeanette Landin, Paulette Schirmer
3rd edition
1259572188, 1259572180, 1259742512, 9781259742514, 978-1259572180
