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Suzanne has agreed to purchase her partners share in the business by making payments of $1200 every three months. The agreed transfer value is $17
Suzanne has agreed to purchase her partners share in the business by making payments of $1200 every three months. The agreed transfer value is $17 850, and interest is 9.5% compounded annually. If the first payment is due at the date of the agreement, what is the size of the final payment? (please show formula used, and work to get answer)
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