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Sally has a sum of $19,000 that she invests at 10% compounded monthly . What equal monthly payments can she receive over a period of
Sally has a sum of $19,000 that she invests at 10% compounded monthly. What equal monthly payments can she receive over a period of
a) 10 years?
Answer = $
b) 9 years?
Answer = $
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International Financial Management
Authors: Cheol Eun, Bruce G. Resnick
8th edition
125971778X, 978-1259717789
