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Question 2 (1 point) You have had a number of bad outings at the Great Colwood Casino and now owe $5,000. Mr. Thresher, the collections
Question 2 (1 point) You have had a number of bad outings at the Great Colwood Casino and now owe $5,000. Mr. Thresher, the collections manager has agreed to let you repay the debt with equal payments one is 6 months and the other in 17 months. Find the size of the payments if interest is calculated at j12=12%. Use 17 months as your focal date. Your Answer: Answer You have had a number of bad outings at the Great Colwood Casino and now owe $5,000. Mr. Thresher, the collections manager has agreed to let you repay the debt with equal payments one is 6 months and the other in 17 months. Find the size of the payments if interest is calculated at j12=12%. Use 17 months as your focal date. Your
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