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Q 4 . a property was purchased for $ 9 1 8 6 down and payments of $ 8 9 9 at the end of

Q4. a property was purchased for $9186 down and payments of $899 at the end of every six months for 5 years. interest is 9% per annum compounded annually. what was the purchase price of the property? how much is the cost of financing?

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