Question
What price will a finance company pay for a conditional sale contract requiring 15 monthly payments of $250.50, if the company requires a rate of
What price will a finance company pay for a conditional sale contract requiring 15 monthly payments of $250.50, if the company requires a rate of return of 21% compounded semiannually? The first payment is due one month from now
Please solve this by formula and ba calculator and provide commands too.
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Shape Up Your Finances
Authors: Ian Birt
2nd Edition
1925716422, 978-1925716429
