Question
What cash payment is equivalent to making payments of $ 798.00 at the end of every three months for 4 years if interest is 6
What cash payment is equivalent to making payments of $ 798.00 at the end of every three months for 4 years if interest is 6 % per annum compounded monthly ?
The cash payment is $
( Round the final answer to the nearest cent as needed Round all intermediate values to six decimal places as needed )
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International financial management
Authors: Jeff Madura
9th Edition
978-0324593495, 324568207, 324568193, 032459349X, 9780324568202, 9780324568196, 978-0324593471
