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Use the formula for the present value of an ordinary annuity or the amortization formula to solve the following problem. PV = $12,000; i =0.015;
Use the formula for the present value of an ordinary annuity or the amortization formula to solve the following problem. PV = $12,000; i =0.015; PMT= $400, n= ? n (Round up to the nearest integer.)
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Public Finance Administration
Authors: B. J. Reed, John W. Swain
2nd Edition
0803974051, 978-0803974050
