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Two payments of $9,000 and $2,600 are due in 1 year and 2 years, respectively. Calculate the two equal payments that would replace these payments,
Two payments of $9,000 and $2,600 are due in 1 year and 2 years, respectively. Calculate the two equal payments that would replace these payments, made in 6 months and in 5 years if money is worth 10.00% compounded quarterly.
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Business Mathematics In Canada
Authors: Ernest Jerome
7th edition
978-0070009899
