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Original Find the equivalent replacement payments for the following scheduled payments. Scheduled Payment Replacement Payment Focal date Rate At an interest rate of 9%,
Original Find the equivalent replacement payments for the following scheduled payments. Scheduled Payment Replacement Payment Focal date Rate At an interest rate of 9%, $2100 is due in 4 months. Three equal payments due One year 14% At an interest rate of 3%, $1700 is due in 2 years. in 4, 12, and 19 months from today
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Contemporary Business Mathematics with Canadian Applications
Authors: S. A. Hummelbrunner, Kelly Halliday, K. Suzanne Coombs
10th edition
133052311, 978-0133052312
