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The Vanilla Gorilla Ice Cream Company has incurred $ 2 2 0 , 0 0 0 in startup costs. These debts earn interest at a
The Vanilla Gorilla Ice Cream Company has incurred $ in startup costs. These debts earn interest at a rate of compounded quarterly. Suppose the company is able to make payments of $ at the end of each quarter. a Calculate the interest and principal portions of payment Enter the interest portion in the first entry field and the principal portion in the second. marks b What is the size of the final payment? Place this answer in the third entry field. marks
The Vanilla Gorilla Ice Cream Company has incurred $ in startup costs. These debts earn interest at a rate of compounded quarterly. Suppose the company is able to make payments of $ at the end of each quarter.
a Calculate the interest and principal portions of payment Enter the interest portion in the first entry field and the principal portion in the second. marks
b What is the size of the final payment? Place this answer in the third entry field. marks
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