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Timmy got a four year, $10,000 loan from Kanye and must repay it plus interest charged. Steve is charging interest at 5%/year compound semi-annually. How
Timmy got a four year, $10,000 loan from Kanye and must repay it plus interest charged. Steve is charging interest at 5%/year compound semi-annually. How much will Timmy owe Kanye in four years?
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Introduction To Estimating Economic Models
Authors: Atsushi Maki
1st Edition
0415589878, 978-0415589871
