Question
Tabitha had to pay her friend $1,200, 5 months ago and he has to pay $450 in 2 months. If her friend was charging her
Tabitha had to pay her friend $1,200, 5 months ago and he has to pay $450 in 2 months. If her friend was charging her an interest rate of 0.70% per month, what single payment would settle both payments today?
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Sport Finance
Authors: Gil Fried, Steven Shapiro, Timothy D. Deschriver
2nd Edition
0736067701, 978-0736067706
