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Mary borrowed an amount X today, and she plans to repay the loan with a payment of $1,000 at the end of 5 years and
Mary borrowed an amount X today, and she plans to repay the loan with a payment of $1,000 at the end of 5 years and $2,000 at the end of 6 years. If her loan has an annual effective rate of discount equal to 7%, calculate X. 1,990 2,046 2,097 2,403 2,581 Step by Step Solution
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Introduction To Machine Learning In Quantitative Finance An Advanced Textbooks In Mathematics
Authors: Hao Ni, Xin Dong, Jinsong Zheng, Guangxi Yu
1st Edition
1786349361, 9781786349361
