Question
Mr.Smith borrowed 8000 today. if he needs to pay annually for 8 years, how much will his annual payment be if the interest is 8%
Mr.Smith borrowed 8000 today. if he needs to pay annually for 8 years,
how much will his annual payment be if the interest is 8% compounded monthly
during the first 4 years and 10% compounded quarterly during
the next 4 years?
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Essentials of Econometrics
Authors: Damodar Gujarati, Dawn Porter
4th edition
73375845, 978-0071276078, 71276076, 978-0073375847
