Question
MANUAL COMPUTATION-PLEASE ANSWER ASAP you lend a friend $1,500 today and they agree to make equal payments, one at 5 months and one at 8
MANUAL COMPUTATION-PLEASE ANSWER ASAP
you lend a friend $1,500 today and they agree to make equal payments, one at 5 months and one at 8 months. You charge your friend 9.11% p.a compounded quarterly, what is the size of the payment?
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Investments
Authors: Zvi Bodie, Alex Kane, Alan Marcus, Lorne Switzer, Maureen Stapleton, Dana Boyko, Christine Panasian
9th Canadian Edition
1259271935, 9781259271939
