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LOG Loan payments of $700 due three months ago and of $1000 due today are to be paid by a payment of $800 in two
LOG Loan payments of $700 due three months ago and of $1000 due today are to be paid by a payment of $800 in two months and a final pay- ment in five months. If 9% interest is allowed, and the focal date is five months from now, what is the amount of the final payment
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Financial Accounting For Executives And MBAs
Authors: Paul Simko, James Wallace, Joseph Comprix
5th Edition
1618533665, 9781618533661
