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The design studio you rented requires you to sign a lease for 60 months, at seven thousand dollars monthly with the first payment due today
The design studio you rented requires you to sign a lease for 60 months, at seven thousand dollars monthly with the first payment due today . At an APR of .0524 (monthly compounding ), what is the present value of the entire stream of payments you will have to make?
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Financial Markets And Institutions
Authors: Jeff Madura
5th Edition
0324027443, 9780324027440
