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math #49 A debt of $7737.84 is repaid by payments of $1244.94 in 7 months, $1179.89 in 15 months, and a final payment in 35
math #49
A debt of $7737.84 is repaid by payments of $1244.94 in 7 months, $1179.89 in 15 months, and a final payment in 35 months. If interest was 8% compounded quarterly, what was the amount of the final payment? The final payment is $0 (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)Step by Step Solution
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