Question
Po wants to borrow 10 000.00 to buy a car. The dealership offers to finance the loan at 13%/a compounded semi-annually. Po's bank will give
Po wants to borrow 10 000.00 to buy a car. The dealership offers to finance the loan at 13%/a compounded semi-annually. Po's bank will give him a personal loan at 12%/a compounded quarterly. Po is unable to make payments for 2 years.
a. Calculate the value of the dealership and the bank loan
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Graph Colouring And Applications
Authors: Pierre Hansen ,Odile Marcotte
1st Edition
0821819550, 978-0821819555
