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m32 . A $4000 debt due in four years was paid with $3885.35 cash. If money is worth 7% compounded monthly, how many months before
m32
. A $4000 debt due in four years was paid with $3885.35 cash. If money is worth 7% compounded monthly, how many months before the due date was the debt paid? The debt will be paid off months before the due date. (Round the final answer to two decimal places as needed. Round all intermediate values to six decimal places as needed.)Step by Step Solution
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