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Please answer all 4 (a-d). Please ensure your answer is correct and neat. (Posted before and got the wrong answer) Thank you! A loan of
Please answer all 4 (a-d). Please ensure your answer is correct and neat. (Posted before and got the wrong answer) Thank you!
A loan of $5100 is due in 7 years. If money is worth 3.3% compounded annually, find the equivalent payments that would settle the debt at the times shown below.
(a) now (b) in 2 years (c) in 7 years (d) in 10 years
Find the equivalent loan payment for each time span $
(Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
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