Question
Payment of $1,200 was due four months ago, and payment of $1,500 is due in eight months. What single payment due in three months will
Payment of $1,200 was due four months ago, and payment of $1,500 is due in eight months. What single payment due in three months will repay the debt, if the interest rate is 12% compounded monthly, and the focal date is in three months.
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Algorithm Audit Why What And How
Authors: Biagio Aragona
1st Edition
0367530929, 978-0367530921
